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   "value": "<span style=\"display:inherit;clear:left;\">NOTE 1 \u2013 ACCOUNTING POLICIES, CRITICAL ACCOUNTING ESTIMATES AND JUDGMENT<span class=\"_ _34\"></span>S</span><span style=\"display:inherit;clear:left;\">Overview of Business</span><span style=\"display:inherit;clear:left;\">TORM plc is a shipping company that primarily owns and operates a fleet of product tankers and is </span><span style=\"display:inherit;clear:left;\">engaged in the marine engineering industry. TORM plc is a public company limited by shares and is </span><span style=\"display:inherit;clear:left;\">incorporated in England and Wales. Its registered number is 09818726, and its registered address is 4th </span><span style=\"display:inherit;clear:left;\">Floor, 120 Cannon Street, London, EC4N 6AS, United Kingdom (\u201cUK\u201d) .Unless otherwise indicated, the </span><span style=\"display:inherit;clear:left;\">terms \u201cTORM plc\u201d and \u201cParent Company\u201d refers solely to TORM plc and the terms \u201cwe\u201d, \u201cus\u201d, \u201cour\u201d, the </span><span style=\"display:inherit;clear:left;\">\u201dCompany\u201d, and the \u201cGroup\u201d refer to TORM plc and its consolidated subsidiaries which include T<span class=\"_ _21d\"></span>O<span class=\"_ _21d\"></span>RM<span class=\"_ _21d\"></span> <span class=\"_ _34\"></span>A<span class=\"_ _21d\"></span>/S<span class=\"_ _21d\"></span>.</span><span style=\"display:inherit;clear:left;\">TORM plc is listed on Nasdaq in Copenhagen, Denmark, under the symbol \u201cTRMD A\u201d, on Nasdaq in New </span><span style=\"display:inherit;clear:left;\">York, the United States, under the symbol \u201cTRMD\u201d, as well as having bonds listed on Oslo Stock </span><span style=\"display:inherit;clear:left;\">Exchange, Norway.</span><span style=\"display:inherit;clear:left;\">Basis of Preparation</span><span style=\"display:inherit;clear:left;\">The consolidated financial statements of the Group have been prepared in accordance with UK-adopted </span><span style=\"display:inherit;clear:left;\">International Accounting Standards (\u201cUK-adopted IAS\u201d) and with the provisions of the Companies Act </span><span style=\"display:inherit;clear:left;\">2006. The consolidated financial statements are also prepared in accordance with IFRS Accounting </span><span style=\"display:inherit;clear:left;\">Standards (\u201cIFRS\u201d) as issued by the International Accounting Standards Board (\u201cIASB\u201d) and I<span class=\"_ _34\"></span>FRS as </span><span style=\"display:inherit;clear:left;\">adopted by the European Union (\u201cEU\u201d), as applied to financial periods beginning on or after <span class=\"_ _34\"></span>01 January </span><span style=\"display:inherit;clear:left;\">2025 and additional disclosure requirements for listed companies (class D) in accordance with the </span><span style=\"display:inherit;clear:left;\">Danish Financial Statements Act. </span><span style=\"display:inherit;clear:left;\">The consolidated financial statements have been prepared on a going concern basis and under the </span><span style=\"display:inherit;clear:left;\">historical cost convention, except where fair value accounting is specifically required by IFRS. </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">The functional currency of the Company is USD</span></span>, and the Company applies USD as the presentation </span><span style=\"display:inherit;clear:left;\">currency in the preparation of the consolidated financial statements.</span><span style=\"display:inherit;clear:left;\">Going Concern</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM\u2019s available liquidity including undrawn and committed facilities was USD </span><span style=\"display:inherit;clear:left;\">562.3m, including a total cash position of USD 163.5m (including restricted cash of USD 5.4m). TORM\u2019s </span><span style=\"display:inherit;clear:left;\">net interest-bearing debt was USD\ue82b848.4m, and the net loan-to-value ratio was 29.4% (Tanker segment </span><span style=\"display:inherit;clear:left;\">only). Further information on TORM\u2019s objectives and policies for managing our capital, our financial risk </span><span style=\"display:inherit;clear:left;\">management objectives, and our exposure to credit and liquidity risk can be found in financial statement </span><span style=\"display:inherit;clear:left;\">Note 24.</span><span style=\"display:inherit;clear:left;\">TORM monitors its funding position throughout the year to ensure that it has access to sufficient funds </span><span style=\"display:inherit;clear:left;\">to meet the forecasted cash requirements and loan commitments, and to monitor compliance with the </span><span style=\"display:inherit;clear:left;\">financial covenants in its loan facilities, details available in financial statement Note 2.</span><span style=\"display:inherit;clear:left;\">A key element for TORM\u2019s financial performance in the going concern period relates to the increased </span><span style=\"display:inherit;clear:left;\">geopolitical risks and trade disputes. TORM\u2019s base case assumes that these dynamics will persist. </span><span style=\"display:inherit;clear:left;\">TORM monitors the general development in the geopolitical situation and potential effects on the </span><span style=\"display:inherit;clear:left;\">product tanker market. In the base case, TORM has sufficient liquidity and headroom for all the </span><span style=\"display:inherit;clear:left;\">covenant limits.</span><span style=\"display:inherit;clear:left;\">\u2192 The principal risks and uncertainties facing TORM are set out on pages 14 - 17</span><span style=\"display:inherit;clear:left;\">In addition to the base case, TORM has developed a reverse stress case. The reverse stress case covers </span><span style=\"display:inherit;clear:left;\">the lowest TCE rate that only just meets the minimum liquidity covenant and the lowest vessel values </span><span style=\"display:inherit;clear:left;\">that do not breach any of the facilities\u2019 minimum-security values in the period. In the reverse stress </span><span style=\"display:inherit;clear:left;\">case, with TCE rates significantly below the lowest rolling four-quarter average observed since 2000 on </span><span style=\"display:inherit;clear:left;\">each vessel class basis accompanied by a corresponding decline in vessel values, TORM maintains </span><span style=\"display:inherit;clear:left;\">sufficient headroom on liquidity and covenants throughout the going concern period.</span><span style=\"display:inherit;clear:left;\">The Board of Directors has considered TORM\u2019s cash flow forecasts and the expected compliance with </span><span style=\"display:inherit;clear:left;\">TORM\u2019s financial covenants for the period until 31 March 2027. Based on this review, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has a reasonable expectation that taking reasonably possible changes in trading performance </span><span style=\"display:inherit;clear:left;\">and vessel valuations into account, TORM will be able to continue in operation and comply with our </span><span style=\"display:inherit;clear:left;\">financial covenants for the period until 31 March 2027. Accordingly, TORM continues to adopt the going </span><span style=\"display:inherit;clear:left;\">concern basis in preparing our financial statements.</span><span style=\"display:inherit;clear:left;\">Adoption of New or Amended IFRS Standards </span><span style=\"display:inherit;clear:left;\">IASB has issued a number of new or amended accounting standards (IFRS) and interpretations (IFRIC). </span><span style=\"display:inherit;clear:left;\">TORM has implemented the following standards and amendments issued by the IASB and adopted by </span><span style=\"display:inherit;clear:left;\">the UK and the EU in the consolidated financial statements for 2025:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability</span><span style=\"display:inherit;clear:left;\">For the new standards and amendments, it is assessed that application of these effective on 01 </span><span style=\"display:inherit;clear:left;\">January 2025 has not had any accounting or disclosure impact on the consolidated financial </span><span style=\"display:inherit;clear:left;\">statements in 2025. </span><span style=\"display:inherit;clear:left;\">The below have been issued by the IASB and adopted by the UK and the EU but have not yet come into </span><span style=\"display:inherit;clear:left;\">effect for consolidated financial statements of 2025.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Annual Improvements to IFRS Accounting Standards - Volume 11 (January 2026 </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IFRS 9 and IFRS 7: Amendments to the Classification and Measurement of Financial </span><span style=\"display:inherit;clear:left;\">Instruments (January 2026)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IFRS 9 and IFRS 7: Contracts Referencing Nature dependent Electricity (January </span><span style=\"display:inherit;clear:left;\">2026)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 18 Presentation and Disclosure in Financial Statements (January 2027)</span><span style=\"display:inherit;clear:left;\">The below have been issued by the IASB and not yet adopted by the UK and the EU and not yet come </span><span style=\"display:inherit;clear:left;\">into effect:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 19 Subsidiaries without Public Accountability: Disclosures (January 2027)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 10 and IAS 28 (amendments) Sale or Contribution of Assets between an Investor and its </span><span style=\"display:inherit;clear:left;\">Associate or Joint Venture issued in September 2014 (deferred indefinitely)</span><span style=\"display:inherit;clear:left;\">TORM has assessed the accounting standards and interpretations above and TORM does not expect the </span><span style=\"display:inherit;clear:left;\">new standards to have any material impact on neither TORM\u2019s figures nor the disclosures, except IFRS </span><span style=\"display:inherit;clear:left;\">18.</span><span style=\"display:inherit;clear:left;\">IFRS 18 introduces new requirements for presentation within the consolidated income statement, </span><span style=\"display:inherit;clear:left;\">including specified totals and subtotals. Furthermore, it is required to classify all income and expenses </span><span style=\"display:inherit;clear:left;\">within the consolidated income statement into one of five categories: operating, investing, financing, </span><span style=\"display:inherit;clear:left;\">income taxes and discontinued operations. </span><span style=\"display:inherit;clear:left;\">The standard also requires disclosure of management-defined performance measures, subtotals of </span><span style=\"display:inherit;clear:left;\">income and expenses, which will have a limited impact as TORM already disclose alternative </span><span style=\"display:inherit;clear:left;\">performance measures. </span><span style=\"display:inherit;clear:left;\">TORM expects only limited impact from IFRS 18 on the consolidated income statement primarily related </span><span style=\"display:inherit;clear:left;\">to reclassification of interest income from cash and cash equivalents, certain financial expenses and </span><span style=\"display:inherit;clear:left;\">exchange rate differences into the respective operating and investing categories of the consolidated </span><span style=\"display:inherit;clear:left;\">income statement with a similar impact on the consolidated cash flow statement from these items. </span><span style=\"display:inherit;clear:left;\">In addition, financial items arising from financing facilities will be reclassified into the financing activities </span><span style=\"display:inherit;clear:left;\">of the consolidated cash flow statement.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">The Group\u2019s material Accounting Policy information is provided below in combination with the </span><span style=\"display:inherit;clear:left;\">accounting policies described in each of the individual notes to the consolidated financial statements as </span><span style=\"display:inherit;clear:left;\">outlined in the following notes:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Segment reporting</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Revenue from contracts with customers</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Staff costs</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Intangible assets</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Tangible fixed assets</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasing</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Impairment</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Inventories</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Financial items</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Trade receivables</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Tax</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other liabilities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Borrowings</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Derivative financial instruments</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Earnings per share</span><span style=\"display:inherit;clear:left;\">Consolidation Principles</span><span style=\"display:inherit;clear:left;\">The consolidated financial statements comprise the financial statements of the parent company, TORM </span><span style=\"display:inherit;clear:left;\">plc and entities controlled by the Company and its subsidiaries. Control is achieved when the Company </span><span style=\"display:inherit;clear:left;\">has all the following:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Power over the investee</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Exposure, or rights, to variable returns from its involvement with the investee</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The ability to use its power over the investee to affect the amounts of the investor\u2019s returns</span><span style=\"display:inherit;clear:left;\">TORM reassesses whether it controls an investee if facts and circumstances indicate that there are </span><span style=\"display:inherit;clear:left;\">changes to one or more of the three elements of control listed above.</span><span style=\"display:inherit;clear:left;\">When the Company has less than a majority of the voting rights of an investee, it has power over the </span><span style=\"display:inherit;clear:left;\">investee when the voting rights are sufficient to give it the practical ability to direct the relevant </span><span style=\"display:inherit;clear:left;\">activities unilaterally. The Company considers all facts and circumstances in assessing whether or not </span><span style=\"display:inherit;clear:left;\">the Company\u2019s voting rights in an investee are sufficient to give it power, including:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The size of the Company\u2019s holding of voting rights relative to the size and dispersion of holdings of </span><span style=\"display:inherit;clear:left;\">the other vote holders</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Potential voting rights held by the Company, other vote holders, or other parties</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Rights arising from other contractual arrangements</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Any additional facts and circumstances which indicate that the Company has, or does not have, the </span><span style=\"display:inherit;clear:left;\">current ability to direct the relevant activities at the time when decisions need to be made, including </span><span style=\"display:inherit;clear:left;\">voting pattern at previous shareholders\u2019 meetings</span><span style=\"display:inherit;clear:left;\">Entities in which the Group exercises significant but not controlling influence are regarded as </span><span style=\"display:inherit;clear:left;\">associated companies and are accounted for using the equity method.</span><span style=\"display:inherit;clear:left;\">Companies which are managed jointly by agreement with one or more companies and therefore are </span><span style=\"display:inherit;clear:left;\">subject to joint control (joint ventures) are accounted for using the equity method.</span><span style=\"display:inherit;clear:left;\">Consolidation of a subsidiary begins when the Company obtains control over the subsidiary and ends </span><span style=\"display:inherit;clear:left;\">when the Company loses control over the subsidiary. Specifically, income and expenses of a subsidiary </span><span style=\"display:inherit;clear:left;\">acquired or disposed of during the year are included in the consolidated income statement and other </span><span style=\"display:inherit;clear:left;\">comprehensive income from the date on which the Company obtains control until the date when the </span><span style=\"display:inherit;clear:left;\">Company loses control over the subsidiary.</span><span style=\"display:inherit;clear:left;\">The consolidated financial statements are prepared using consistent accounting policies and </span><span style=\"display:inherit;clear:left;\">eliminating intercompany transactions, balances, and shareholdings as well as gains and losses on </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">transactions between the consolidated entities.</span></span> </span><span style=\"display:inherit;clear:left;\">Foreign Currencies</span><span style=\"display:inherit;clear:left;\">The functional currency of all significant entities, including subsidiaries and associated companies, is </span><span style=\"display:inherit;clear:left;\">United States Dollars (USD) because the Company\u2019s vessels operate in international shipping markets, </span><span style=\"display:inherit;clear:left;\">in which income and expenses are settled in USD, and because the Company\u2019s most significant assets </span><span style=\"display:inherit;clear:left;\">and liabilities in the form of vessels and related liabilities are denominated in USD. Transactions in </span><span style=\"display:inherit;clear:left;\">currencies other than the functional currency are translated into the functional currency at the </span><span style=\"display:inherit;clear:left;\">transaction date. Cash, receivables and payables and other monetary items denominated in currencies </span><span style=\"display:inherit;clear:left;\">other than the functional currency are translated into the functional currency at the exchange rate at </span><span style=\"display:inherit;clear:left;\">the balance sheet date. Gains or losses due to differences between the exchange rate at the </span><span style=\"display:inherit;clear:left;\">transaction date and the exchange rate at the settlement date or the balance sheet date are recognized </span><span style=\"display:inherit;clear:left;\">in the income statement under \u201cFinancial income\u201d and \u201cFinancial expenses\u201d. </span><span style=\"display:inherit;clear:left;\">The reporting currency of the Company is USD. Upon recognition of entities with functional currencies </span><span style=\"display:inherit;clear:left;\">other than USD, the financial statements are translated into USD. Income statement items are </span><span style=\"display:inherit;clear:left;\">translated into USD at the exchange rate for each transaction, whereas balance sheet items are </span><span style=\"display:inherit;clear:left;\">translated at the exchange rate as of the balance sheet date. Exchange differences arising from the </span><span style=\"display:inherit;clear:left;\">translation of financial statements into USD are recognized as a separate component in \u201cOther </span><span style=\"display:inherit;clear:left;\">comprehensive income\u201d. On the disposal of an entity, the cumulative amount of the exchange </span><span style=\"display:inherit;clear:left;\">differences recognized in the separate component of equity relating to that entity is transferred to the </span><span style=\"display:inherit;clear:left;\">income statement as part of the gain or loss on disposal.</span><span style=\"display:inherit;clear:left;\">Income Statement</span><span style=\"display:inherit;clear:left;\">Port expenses, bunkers, and commissions and other costs of goods and services sold</span><span style=\"display:inherit;clear:left;\">Port expenses, bunker fuel consumption, commissions, and other costs of goods sold are recognized as </span><span style=\"display:inherit;clear:left;\">incurred. To the extent that the costs are recoverable, costs directly attributable to relocate the vessel </span><span style=\"display:inherit;clear:left;\">to the load port are capitalized and amortized over the course of the transportation period.</span><span style=\"display:inherit;clear:left;\">Gains and losses on forward bunker contracts, forward freight agreements (FFA) as well as write-down </span><span style=\"display:inherit;clear:left;\">for losses on trade receivables are included in this line.</span><span style=\"display:inherit;clear:left;\">Operating expenses</span><span style=\"display:inherit;clear:left;\">Operating expenses, which comprise crew expenses, repair and maintenance expenses, and tonnage </span><span style=\"display:inherit;clear:left;\">duty, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">Profit from sale of vessels</span><span style=\"display:inherit;clear:left;\">Profit from sale of vessels is recognized at the time of delivery to the buyer, representing the difference </span><span style=\"display:inherit;clear:left;\">between the sales price less costs to sell and the carrying value of the vessel.</span><span style=\"display:inherit;clear:left;\">Administrative expenses</span><span style=\"display:inherit;clear:left;\">Administrative expenses, which comprise administrative staff costs, management costs, office </span><span style=\"display:inherit;clear:left;\">expenses, and other expenses relating to administration, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">Other operating expenses and income</span><span style=\"display:inherit;clear:left;\">Other operating expenses primarily comprise management fees paid to commercial and technical </span><span style=\"display:inherit;clear:left;\">managers for managing the fleet, profits and losses deriving from the disposal of fixed assets other than </span><span style=\"display:inherit;clear:left;\">vessels as well as claims and disputes provisions.</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses and reversals of impairment losses</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses comprise depreciation of tangible fixed assets for the year as well </span><span style=\"display:inherit;clear:left;\">as the write-down of the value of assets by the amount by which the carrying amount of the asset </span><span style=\"display:inherit;clear:left;\">exceeds its recoverable amount. In the event of indication of impairment, the carrying amount is </span><span style=\"display:inherit;clear:left;\">assessed, and the value of the asset is written down to its recoverable amount equal to the higher of </span><span style=\"display:inherit;clear:left;\">value in use based on net present value of future earnings from the assets and its fair value less costs </span><span style=\"display:inherit;clear:left;\">to sell.</span><span style=\"display:inherit;clear:left;\">Subsequent reversal of impairment losses is recognized if the recoverable amount exceeds the carrying </span><span style=\"display:inherit;clear:left;\">amount to the extent that the carrying amount does not exceed the carrying amount without any </span><span style=\"display:inherit;clear:left;\">historical impairment losses.</span><span style=\"display:inherit;clear:left;\">Balance Sheet</span><span style=\"display:inherit;clear:left;\">Financial assets</span><span style=\"display:inherit;clear:left;\">Financial assets are initially recognized on the settlement date at fair value plus transaction costs, </span><span style=\"display:inherit;clear:left;\">except for financial assets at fair value through profit or loss, which are recognized at fair value. </span><span style=\"display:inherit;clear:left;\">Financial assets are derecognized when the rights to receive cash flows from the assets have expired or </span><span style=\"display:inherit;clear:left;\">have been transferred.</span><span style=\"display:inherit;clear:left;\">Investments in joint ventures</span><span style=\"display:inherit;clear:left;\">Investments in joint ventures comprise investments in companies which by agreement are managed </span><span style=\"display:inherit;clear:left;\">jointly with one or more companies and therefore are subject to joint control and in which the parties </span><span style=\"display:inherit;clear:left;\">have rights to the net assets of the joint venture. Joint ventures are accounted for using the equity </span><span style=\"display:inherit;clear:left;\">method. Under the equity method, the investment in joint ventures is initially recognized at cost and </span><span style=\"display:inherit;clear:left;\">thereafter adjusted to recognize TORM\u2019s share of the profit or loss in the joint venture. When TORM\u2019s </span><span style=\"display:inherit;clear:left;\">share of losses in a joint venture exceeds the investment in the joint venture, TORM discontinues </span><span style=\"display:inherit;clear:left;\">recognizing its share of further losses. Additional losses are recognized only to the extent that TORM<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">has incurred legal or constructive obligations or made payments on behalf of the joint venture.</span><span style=\"display:inherit;clear:left;\">Treasury shares</span><span style=\"display:inherit;clear:left;\">Treasury shares are recognized as a separate component of equity at cost. Upon subsequent disposal </span><span style=\"display:inherit;clear:left;\">of treasury shares, any consideration is also recognized directly in equity.</span><span style=\"display:inherit;clear:left;\">Dividend</span><span style=\"display:inherit;clear:left;\">Interim dividends are recognized when paid. Any year-end dividend is recognized as a liability at the date </span><span style=\"display:inherit;clear:left;\">of approval at the AGM.</span><span style=\"display:inherit;clear:left;\">Other non-current liabilities</span><span style=\"display:inherit;clear:left;\">Other non-current liabilities consist of long-term employee-related liabilities related to the frozen Danish </span><span style=\"display:inherit;clear:left;\">holiday funds in connection with the transition to the new Danish Holiday Act. TORM<span class=\"_ _34\"></span> has elected to keep </span><span style=\"display:inherit;clear:left;\">the holiday funds until the employees, covered at the transition date, reach the age of retirement. The </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">liability is remeasured annually based on an index rate published by the Holiday Allowance fund.</span></span> </span><span style=\"display:inherit;clear:left;\">Trade payables</span><span style=\"display:inherit;clear:left;\">Trade payables are recognized at the fair value of the item purchased and are subsequently measured </span><span style=\"display:inherit;clear:left;\">at amortized cost.</span><span style=\"display:inherit;clear:left;\">Deferred income</span><span style=\"display:inherit;clear:left;\">Deferred income relates to amounts received from customers in advance of the related performance </span><span style=\"display:inherit;clear:left;\">obligations being satisfied.</span><span style=\"display:inherit;clear:left;\">Cash flow statement</span><span style=\"display:inherit;clear:left;\">The cash flow statement shows how income and changes in the balance sheet items affect cash and </span><span style=\"display:inherit;clear:left;\">cash equivalent, i.e. how cash is generated or used in the period. The cash flow statement is presented </span><span style=\"display:inherit;clear:left;\">in accordance with the indirect method commencing with \u201cNet profit/(loss) for the year\u201d.</span><span style=\"display:inherit;clear:left;\">Cash flow from operating activities converts income statement items from the accrual basis of </span><span style=\"display:inherit;clear:left;\">accounting to cash basis. Starting with \u201cNet profit/(loss) for the year\u201d, non-cash items are reversed, and </span><span style=\"display:inherit;clear:left;\">actual payments are included. Further, the change in working capital is taken into account.</span><span style=\"display:inherit;clear:left;\">Cash flow from investing activities comprises the cash used or received in the purchase and sale of </span><span style=\"display:inherit;clear:left;\">tangible fixed assets and financial assets as well as cash from business combinations.</span><span style=\"display:inherit;clear:left;\">Cash flow from financing activities comprises changes in the cash used or received in borrowings </span><span style=\"display:inherit;clear:left;\">(amount of new borrowings and repayments), purchases or sales of treasury shares, dividends paid to </span><span style=\"display:inherit;clear:left;\">shareholders.</span><span style=\"display:inherit;clear:left;\">Cash and cash equivalents including restricted cash comprise cash and short-term bank deposits with </span><span style=\"display:inherit;clear:left;\">an original maturity of three months or less. The carrying amount of these assets is approximately equal </span><span style=\"display:inherit;clear:left;\">to their fair value. Cash and cash equivalents including restricted cash at the end of the reporting period </span><span style=\"display:inherit;clear:left;\">are shown in the consolidated cash flow statement and can be reconciled to the related items in the </span><span style=\"display:inherit;clear:left;\">consolidated balance sheet. The restricted cash balance relates to cash provided as security for initial </span><span style=\"display:inherit;clear:left;\">margin calls and negative market values on derivatives as well as a sale and leaseback transaction </span><span style=\"display:inherit;clear:left;\">prepayment to be released upon delivery of the vessel.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">The segmentation is based on the Group\u2019s internal management and reporting structure. The Group has </span><span style=\"display:inherit;clear:left;\">two operating segments, the Tanker segment, for which the services provided primarily comprise </span><span style=\"display:inherit;clear:left;\">transportation of refined oil products such as gasoline, jet fuel, and naphtha, and the Marine </span><span style=\"display:inherit;clear:left;\">Engineering segment for which the services provided primarily comprise developing and producing </span><span style=\"display:inherit;clear:left;\">advanced and green marine equipment.</span><span style=\"display:inherit;clear:left;\">Transactions between the segments are based on market-related prices and are eliminated at Group </span><span style=\"display:inherit;clear:left;\">level.</span><span style=\"display:inherit;clear:left;\">TORM considers the global product tanker market as a whole, and as the individual vessels are not </span><span style=\"display:inherit;clear:left;\">limited to specific parts of the world, the Group has only one geographical segment for the Tanker </span><span style=\"display:inherit;clear:left;\">segment. Further, the internal management reporting does not provide geographical information for </span><span style=\"display:inherit;clear:left;\">either the Tanker segment or the Marine Engineering segment. Consequently, geographical segment </span><span style=\"display:inherit;clear:left;\">information on revenue from external customers or non-current segment assets for the Tanker </span><span style=\"display:inherit;clear:left;\">segment or the Marine Engineering segment are not provided.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">Revenue</span><span style=\"display:inherit;clear:left;\">Income is recognized in the income statement when:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The income generating activities have been carried out on the basis of a binding agreement</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The income can be measured reliably</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>It is probable that the economic benefits associated with the transaction will flow to the Company</span><span style=\"display:inherit;clear:left;\">Revenue comprises freight, charter hire, and demurrage revenue from the vessels as well as Marine </span><span style=\"display:inherit;clear:left;\">Engineering revenue. Revenue is recognized when or as performance obligations are satisfied by </span><span style=\"display:inherit;clear:left;\">transferring services to the customer, i.e. over time, provided that the stage of completion can be </span><span style=\"display:inherit;clear:left;\">measured reliably. Revenue is measured as the consideration that the Group expects to be entitled to. </span><span style=\"display:inherit;clear:left;\">Freight revenue including charter hire and demurrage (and related voyage costs) are recognized in the </span><span style=\"display:inherit;clear:left;\">income statement according to the entered charter parties from the date of load to the date of delivery </span><span style=\"display:inherit;clear:left;\">of the cargo (discharge). </span><span style=\"display:inherit;clear:left;\">The completion is determined using the load-to-discharge method based on the percentage of the </span><span style=\"display:inherit;clear:left;\">estimated duration of the voyage completed at the reporting date because the customer receives the </span><span style=\"display:inherit;clear:left;\">benefit during the voyage as it is provided. </span><span style=\"display:inherit;clear:left;\">Cross-over voyages</span><span style=\"display:inherit;clear:left;\">For cross-over voyages (voyages in progress at the end of a reporting period), the uncertainty and the </span><span style=\"display:inherit;clear:left;\">dependence on estimates are greater than for finalized voyages. The Company recognizes a </span><span style=\"display:inherit;clear:left;\">percentage of the estimated revenue for the voyage equal to the percentage of the estimated duration </span><span style=\"display:inherit;clear:left;\">of the voyage completed at the balance sheet date. The estimate of revenue is based on the expected </span><span style=\"display:inherit;clear:left;\">duration and destination of the voyage.</span><span style=\"display:inherit;clear:left;\">When recognizing revenue, there is a risk that the actual number of days it takes to complete the </span><span style=\"display:inherit;clear:left;\">voyage will differ from the estimate. The contract for a single voyage may state several alternative </span><span style=\"display:inherit;clear:left;\">destination ports. The destination port may change during the voyage, and the rate may vary </span><span style=\"display:inherit;clear:left;\">depending on the destination port. Changes to the estimated duration of the voyage as well as </span><span style=\"display:inherit;clear:left;\">changing destinations and weather conditions will affect the voyage expenses.</span><span style=\"display:inherit;clear:left;\">Demurrage revenue</span><span style=\"display:inherit;clear:left;\">Freight contracts contain conditions regarding the amount of time available for loading and discharging </span><span style=\"display:inherit;clear:left;\">of the vessel. If these conditions are breached, TORM is compensated for the additional time incurred in </span><span style=\"display:inherit;clear:left;\">the form of demurrage revenue. Demurrage revenue is recognized in accordance with the terms and </span><span style=\"display:inherit;clear:left;\">conditions of the charter parties. Upon completion of the voyage, the Company assesses the time </span><span style=\"display:inherit;clear:left;\">spent in port, and a demurrage claim based on the relevant contractual conditions is submitted to the </span><span style=\"display:inherit;clear:left;\">charterers. The claim will often be met by counterclaims due to differences in the interpretation of the </span><span style=\"display:inherit;clear:left;\">agreement compared to the actual circumstances of the additional time used. Based on previous </span><span style=\"display:inherit;clear:left;\">experience, 97% of the demurrage claim submitted is recognized as demurrage revenue upon initial </span><span style=\"display:inherit;clear:left;\">recognition. For cross-over voyages, an estimate of incurred demurrage is recognized at the balance </span><span style=\"display:inherit;clear:left;\">sheet date.</span><span style=\"display:inherit;clear:left;\">The Company receives the demurrage payment upon reaching final agreement on the amount, which </span><span style=\"display:inherit;clear:left;\">could be up to approximately 100 days after the original demurrage claim was submitted. Any </span><span style=\"display:inherit;clear:left;\">adjustments to the final agreement are recognized as demurrage revenue.</span><span style=\"display:inherit;clear:left;\">Marine Engineering revenue</span><span style=\"display:inherit;clear:left;\">Some of the Group\u2019s contracts with customers relate to the sale of marine engineering equipment with </span><span style=\"display:inherit;clear:left;\">installation services. Customers obtain control of the marine engineering equipment with installation </span><span style=\"display:inherit;clear:left;\">services when the goods are delivered to the customer, they have completed commissioning and </span><span style=\"display:inherit;clear:left;\">delivery has been accepted by the customers. When without installation services, customers obtain </span><span style=\"display:inherit;clear:left;\">control of the marine engineering equipment when the goods are delivered to and have been accepted </span><span style=\"display:inherit;clear:left;\">by the customers.</span><span style=\"display:inherit;clear:left;\">Revenue is thus recognized upon the customers obtaining control. There is generally only one </span><span style=\"display:inherit;clear:left;\">performance obligation related hereto. </span><span style=\"display:inherit;clear:left;\">A warranty provision is recognized for expected repair costs related to warranty claims for sold marine </span><span style=\"display:inherit;clear:left;\">engineering equipment within the standard warranty period of one year. These provisions are </span><span style=\"display:inherit;clear:left;\">recognized when the equipment is sold and are based on historical experience. The warranty provision </span><span style=\"display:inherit;clear:left;\">estimates are updated annually.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Financial income</span><span style=\"display:inherit;clear:left;\">Financial income comprises interest income, realized and unrealized exchange rate gains relating to </span><span style=\"display:inherit;clear:left;\">transactions in currencies other than the functional currency, realized gains from other equity </span><span style=\"display:inherit;clear:left;\">investments and securities, unrealized gains from securities, dividends received, and other financial </span><span style=\"display:inherit;clear:left;\">income. Interest is recognized in accordance with the accrual basis of accounting considering the </span><span style=\"display:inherit;clear:left;\">effective interest rate. Dividends from other investments are recognized when the right to receive </span><span style=\"display:inherit;clear:left;\">payment has been decided, which is typically when the dividend has been declared and can be received </span><span style=\"display:inherit;clear:left;\">without conditions.</span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;\">Financial expenses comprise interest expenses, financing costs of leases liabilities, realized and </span><span style=\"display:inherit;clear:left;\">unrealized exchange rate losses relating to transactions in currencies other than the functional </span><span style=\"display:inherit;clear:left;\">currency, realized losses from other equity investments and securities, unrealized losses from </span><span style=\"display:inherit;clear:left;\">securities, and other financial expenses including payments under interest rate hedge instruments. </span><span style=\"display:inherit;clear:left;\">Interest is recognized in accordance with the accrual basis of accounting considering the effective </span><span style=\"display:inherit;clear:left;\">interest rate.</span><span style=\"display:inherit;clear:left;\">Accounting Policies </span><span style=\"display:inherit;clear:left;\">Pillar Two Tax Effects</span><span style=\"display:inherit;clear:left;\">Pillar Two legislation has been enacted or substantively enacted in certain jurisdictions in which the </span><span style=\"display:inherit;clear:left;\">Group operates.  Under the legislation, the parent company will be required to pay, in UK, top-up tax on </span><span style=\"display:inherit;clear:left;\">profits of its subsidiaries that are taxed at an effective tax rate of less than 15%. The main jurisdictions </span><span style=\"display:inherit;clear:left;\">in which exposures to this tax may exist include Denmark, Singapore and the US. </span><span style=\"display:inherit;clear:left;\">As the majority of these companies\u2019 revenue consists of international shipping income, it is assessed </span><span style=\"display:inherit;clear:left;\">that this income will be excluded from the GloBE income with reference to the shipping carve out </span><span style=\"display:inherit;clear:left;\">described in Article 3.3.</span><span style=\"display:inherit;clear:left;\">TORM has applied the exception in IAS 12 'Income Taxes' to recognizing and disclosing information </span><span style=\"display:inherit;clear:left;\">about deferred tax assets and liabilities related to Pillar Two income taxes. </span><span style=\"display:inherit;clear:left;\">Based on our fiscal year for 2025, the Group has prepared a preliminary Transitional Country-by-</span><span style=\"display:inherit;clear:left;\">Country Reporting (CbCR) Safe Harbour assessment concluding that we expect to be eligible for the </span><span style=\"display:inherit;clear:left;\">Transitional CbCR Safe Harbour in a majority of jurisdictions in which we are present. As of 31 </span><span style=\"display:inherit;clear:left;\">December 2025, the calculated top-up tax does not have a material impact on our financial result.  </span><span style=\"display:inherit;clear:left;\">Tax</span><span style=\"display:inherit;clear:left;\">Tax expenses comprise the expected income tax charge for the year in accordance with IAS 12 as well </span><span style=\"display:inherit;clear:left;\">as tonnage tax related to the Group\u2019s vessels for the year. The income tax charge for the year includes </span><span style=\"display:inherit;clear:left;\">adjustments relating to previous years and the change in deferred tax for the year. However, income </span><span style=\"display:inherit;clear:left;\">tax relating to items in other comprehensive income is recognized directly in the statement of other </span><span style=\"display:inherit;clear:left;\">comprehensive income.</span><span style=\"display:inherit;clear:left;\">Deferred tax</span><span style=\"display:inherit;clear:left;\">Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets </span><span style=\"display:inherit;clear:left;\">and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred </span><span style=\"display:inherit;clear:left;\">tax is calculated at the income tax rates which are expected to apply in the period when the liability is </span><span style=\"display:inherit;clear:left;\">settled or the asset is realized, based on the laws which have been enacted or substantially enacted at </span><span style=\"display:inherit;clear:left;\">the balance sheet date. The deferred tax is charged through the income statement except when it </span><span style=\"display:inherit;clear:left;\">relates to other comprehensive income items. No deferred tax is recognized related to assets and </span><span style=\"display:inherit;clear:left;\">liabilities, including vessels which are subject to tonnage tax.</span><span style=\"display:inherit;clear:left;\">Income tax balances</span><span style=\"display:inherit;clear:left;\">The expected income tax payable on the taxable profits for the year is classified as current tax in the </span><span style=\"display:inherit;clear:left;\">balance sheet. Income taxes expected to fall due after more than one year are classified as non-current </span><span style=\"display:inherit;clear:left;\">liabilities or assets in the balance sheet. Income tax is measured using tax rates enacted or </span><span style=\"display:inherit;clear:left;\">substantially enacted at the balance sheet date and includes any adjustment to tax payable in respect </span><span style=\"display:inherit;clear:left;\">of previous years. Current and non-current income tax balances are not discounted.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Vessels</span><span style=\"display:inherit;clear:left;\">Vessels consist of owned vessels and vessels financed via sale and leaseback transactions. Vessels  </span><span style=\"display:inherit;clear:left;\">are measured at cost less accumulated depreciation and accumulated impairment losses. Costs </span><span style=\"display:inherit;clear:left;\">comprise acquisition costs and costs directly related to the acquisition up until the time when the </span><span style=\"display:inherit;clear:left;\">asset is ready for use, including interest expenses incurred during the period of construction. In partly </span><span style=\"display:inherit;clear:left;\">share-based acquisitions, vessels are measured at fair value at the delivery date, where the purchase </span><span style=\"display:inherit;clear:left;\">price is compared to valuations from two internationally acknowledged shipbrokers with appropriate </span><span style=\"display:inherit;clear:left;\">qualifications and recent experience in the valuation of vessels and adjusted if a material difference is </span><span style=\"display:inherit;clear:left;\">identified. All major components of vessels (scrubbers, etc.) except for dry-docking costs are </span><span style=\"display:inherit;clear:left;\">depreciated on a straight-line basis to the estimated residual value over their estimated useful life. </span><span style=\"display:inherit;clear:left;\">Different drivers such as TORM\u2019s short and long-term climate targets, the revised IMO\u2019s Green House </span><span style=\"display:inherit;clear:left;\">Gas Strategy, and other new regulation and policies with increased focus on carbon reduction on both </span><span style=\"display:inherit;clear:left;\">short and long-term impact the determination of the estimated useful life. Considering the different </span><span style=\"display:inherit;clear:left;\">drivers, TORM estimates the useful life to be 25 years for newbuildings - in line with previous years and </span><span style=\"display:inherit;clear:left;\">with what is used by other shipowners with comparable tonnage. Depreciation is based on costs less </span><span style=\"display:inherit;clear:left;\">the estimated residual value. Residual value is estimated as the lightweight tonnage of each vessel </span><span style=\"display:inherit;clear:left;\">multiplied by the recycling prices per ton. TORM has completed phasing in green recycling prices in the </span><span style=\"display:inherit;clear:left;\">calculation of residual values by applying a weighted average of green recycling and conventional </span><span style=\"display:inherit;clear:left;\">recycling prices, while using a three-year average to limit volatility. The useful life and the residual </span><span style=\"display:inherit;clear:left;\">value of the vessels are reviewed at least at each financial year-end based on market conditions, </span><span style=\"display:inherit;clear:left;\">regulatory requirements, and TORM\u2019s business plans.</span><span style=\"display:inherit;clear:left;\">TORM also evaluates the carrying amounts to determine if events have occurred which indicate </span><span style=\"display:inherit;clear:left;\">impairment and would require a modification of the carrying amounts at the reporting date. </span><span style=\"display:inherit;clear:left;\">Prepayment on vessels is measured at costs incurred.</span><span style=\"display:inherit;clear:left;\">Dry-docking</span><span style=\"display:inherit;clear:left;\">Approximately every 24 and 60 months, depending on the nature of work and external requirements, </span><span style=\"display:inherit;clear:left;\">the vessels are required to undergo planned dry-dockings for replacement of certain components, </span><span style=\"display:inherit;clear:left;\">major repairs, and major maintenance of other components, which cannot be carried out while the </span><span style=\"display:inherit;clear:left;\">vessels are operating. These dry-docking costs are capitalized and depreciated on a straight-line basis </span><span style=\"display:inherit;clear:left;\">over the estimated period until the next dry-docking. The residual value of such components is </span><span style=\"display:inherit;clear:left;\">estimated at nil. The useful life of the dry-docking costs is reviewed at least at each financial year-end </span><span style=\"display:inherit;clear:left;\">based on market conditions, regulatory requirements, and TORM\u2019s business plans. A portion of the cost </span><span style=\"display:inherit;clear:left;\">of acquiring a new vessel is allocated to the components expected to be replaced or refurbished at the </span><span style=\"display:inherit;clear:left;\">next dry-docking. Depreciation thereof is carried over the period until the next dry-dockin<span class=\"_ _34\"></span>g. For </span><span style=\"display:inherit;clear:left;\">newbuildings, the initial dry-docking asset is estimated based on the expected costs related to the </span><span style=\"display:inherit;clear:left;\">first-coming dry-docking, which again is based on experience and history of similar vessels. For </span><span style=\"display:inherit;clear:left;\">second-hand vessels, a dry-docking asset is also segregated and capitalized separately, taking into </span><span style=\"display:inherit;clear:left;\">account the normal docking intervals of the vessels.</span><span style=\"display:inherit;clear:left;\">At subsequent dry-dockings, the costs comprise the actual costs incurred at the dry-docking yard. </span><span style=\"display:inherit;clear:left;\">Dry-docking costs may include the cost of hiring crews to carry out replacements and repairs, the cost </span><span style=\"display:inherit;clear:left;\">of parts and materials used, the cost of travel, lodging and supervision of Company personnel as well </span><span style=\"display:inherit;clear:left;\">as the cost of hiring third-party personnel to oversee a dry-docking. Dry-docking activities include, but </span><span style=\"display:inherit;clear:left;\">are not limited to, the inspection, service on turbocharger, replacement of shaft seals, service on boiler, </span><span style=\"display:inherit;clear:left;\">replacement of hull anodes, applying of anti-fouling and hull paint, steel repairs as well as </span><span style=\"display:inherit;clear:left;\">refurbishment and replacement of other parts of the vessel.</span><span style=\"display:inherit;clear:left;\">Prepayments on vessels</span><span style=\"display:inherit;clear:left;\">Prepayments consist of prepayments related to the purchase of second-hand vessels not yet delivered </span><span style=\"display:inherit;clear:left;\">and to newbuilding contracts for vessels not yet delivered which also include the share of borrowing </span><span style=\"display:inherit;clear:left;\">costs directly attributable to the acquisition of the underlying vessel. When a vessel is delivered, the </span><span style=\"display:inherit;clear:left;\">prepaid amount is reallocated to the financial statement line \u201cVessels and capitalized dry-docking\u201d.</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment consist of leaseholds regarding office </span><span style=\"display:inherit;clear:left;\">buildings, leasehold improvements, company cars, IT equipment, and software and is measured at </span><span style=\"display:inherit;clear:left;\">historical cost less accumulated depreciation and any impairment loss. Any subsequent cost is </span><span style=\"display:inherit;clear:left;\">included in the asset\u2019s carrying amount or recognized as a separate asset only when it is probable that </span><span style=\"display:inherit;clear:left;\">future economic benefits are associated with the item and the cost of the item can be measured </span><span style=\"display:inherit;clear:left;\">reliably. Depreciation is based on the straight-line method over the estimated useful life of the assets. </span><span style=\"display:inherit;clear:left;\">The current estimates are:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Land and buildings </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Office buildings: Over the shorter of the remaining leasing term and the estimated useful life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasehold improvements: Over the shorter of the remaining leasing term and the estimated useful </span><span style=\"display:inherit;clear:left;\">life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other plant and operating equipment:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Company cars: Over the lease term, typically 3 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IT equipment: 3\u20135 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3\u20135 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other equipment 3\u201315 years</span><span style=\"display:inherit;clear:left;\">The depreciation commences when the asset is available for use, i.e. when it is in the location and </span><span style=\"display:inherit;clear:left;\">condition necessary for it to be capable of operating in the manner intended by the Management. F<span class=\"_ _34\"></span>or a </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">right-of-use asset, depreciation commences at the commencement date of the lease.</span></span> </span><span style=\"display:inherit;clear:left;\">Assets held for sale</span><span style=\"display:inherit;clear:left;\">Assets are classified as held-for-sale if the carrying amount will be recovered principally through a </span><span style=\"display:inherit;clear:left;\">sales transaction rather than through continuing use. This condition is regarded as met only when the </span><span style=\"display:inherit;clear:left;\">asset is available for immediate sale in its present condition subject to terms which are usual and </span><span style=\"display:inherit;clear:left;\">customary for sales of such assets, and when its sale is highly probable. The Management must be </span><span style=\"display:inherit;clear:left;\">committed to the sale, which should be expected to qualify for recognition as a completed sale within </span><span style=\"display:inherit;clear:left;\">one year from the date of classification. </span><span style=\"display:inherit;clear:left;\">Assets held for sale mainly refer to vessels being sold and are measured at the lower of their previous </span><span style=\"display:inherit;clear:left;\">carrying amount and fair value less costs to sell. Gains are recognized on delivery to the new owners in </span><span style=\"display:inherit;clear:left;\">the income statement in the item \u201cProfit from sale of vessels\u201d. Anticipated losses are recognized at the </span><span style=\"display:inherit;clear:left;\">time when the asset is classified as held-for-sale in the item \u201cImpairment losses on tangible and </span><span style=\"display:inherit;clear:left;\">intangible assets\u201d.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Impairment of assets</span><span style=\"display:inherit;clear:left;\">Non-current assets are reviewed at the reporting date to determine any indication of impairment </span><span style=\"display:inherit;clear:left;\">including a significant decline in either the assets\u2019 market value, increase in market rates of return, or in </span><span style=\"display:inherit;clear:left;\">the cash flows expected to be generated by the fleet. At least annually, or if impairment indicator(s) </span><span style=\"display:inherit;clear:left;\">exists, an impairment test on a CGU level will be performed. A CGU is determined as the smallest group </span><span style=\"display:inherit;clear:left;\">of assets that generates independent cash inflows. An asset/CGU is impaired if the recoverable </span><span style=\"display:inherit;clear:left;\">amount is below the carrying amount. </span><span style=\"display:inherit;clear:left;\">The recoverable amount of the CGU is estimated as the higher of fair value less costs of disposal and </span><span style=\"display:inherit;clear:left;\">value in use. The value in use is the present value of the future cash flows expected to be derived from </span><span style=\"display:inherit;clear:left;\">a CGU, utilizing a pre-tax discount rate that reflects current market estimates of the time value of </span><span style=\"display:inherit;clear:left;\">money and the risks specific to the unit for which the estimates of future cash flows have not been </span><span style=\"display:inherit;clear:left;\">adjusted. If the recoverable amount is less than the carrying amount of the cash generating unit, the </span><span style=\"display:inherit;clear:left;\">carrying amount is reduced to the recoverable amount.</span><span style=\"display:inherit;clear:left;\">The impairment loss is recognized immediately in the income statement. Where an impairment loss </span><span style=\"display:inherit;clear:left;\">subsequently reverses, the carrying amount of the CGU is increased to the revised estimate of the </span><span style=\"display:inherit;clear:left;\">recoverable amount, but so that the increased carrying amount does not exceed the carrying amount </span><span style=\"display:inherit;clear:left;\">that would have been determined, had no impairment loss been recognized in prior years.</span><span style=\"display:inherit;clear:left;\">For the purpose of assessing impairment, assets, time charter and bareboat contracts are grouped at </span><span style=\"display:inherit;clear:left;\">the lowest levels at which impairment is monitored for internal management purposes.</span><span style=\"display:inherit;clear:left;\">Accounting Policies  </span><span style=\"display:inherit;clear:left;\">Inventories consist of bunkers, lubeoil, EU Emission Allowances and other inventories.</span><span style=\"display:inherit;clear:left;\">Bunkers, lubeoil and other inventories are stated at the lower of cost in accordance with the FIFO-</span><span style=\"display:inherit;clear:left;\">principle and net realizable value. Cost of bunkers and lubeoil includes expenditure incurred in acquiring </span><span style=\"display:inherit;clear:left;\">bunkers and lubeoil including delivery costs less discounts. The cost of other inventories consists of </span><span style=\"display:inherit;clear:left;\">raw materials and components based on direct costs, direct payroll costs and a proportionate share of </span><span style=\"display:inherit;clear:left;\">indirect production costs. Indirect production costs include the proportionate share of capacity costs </span><span style=\"display:inherit;clear:left;\">directly relating hereto, which are allocated on the basis of the normal capacity of the production </span><span style=\"display:inherit;clear:left;\">facility.</span><span style=\"display:inherit;clear:left;\">At 01 January 2024, the EU Emission Trading System was extended to maritime transport emissions, </span><span style=\"display:inherit;clear:left;\">where shipping companies must surrender allowances to cover emissions related to EU port calls. EU </span><span style=\"display:inherit;clear:left;\">Emission Allowances are purchased in connection with TORM's cargo transportation only, similar to a </span><span style=\"display:inherit;clear:left;\">tax on purchase of bunkers. TORM has no intention of selling or trading the allowances.</span><span style=\"display:inherit;clear:left;\">In the absence of any specific IFRS standards or IFRIC interpretations on accounting for emission </span><span style=\"display:inherit;clear:left;\">rights of carbon dioxide generated as part of the EU Emission Trading scheme (EU ETS), and </span><span style=\"display:inherit;clear:left;\">considering the above, EU Emission Allowances are treated similar to bunker inventories. The following </span><span style=\"display:inherit;clear:left;\">policies are applied for EU Emission Allowances: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The emission rights are considered as a part of the bunker consumption for the delivery of </span><span style=\"display:inherit;clear:left;\">transportation services and thus recognized as inventories at their acquisition cost. </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>As these allowances are utilized during the voyage, the carrying amount of these allowances are </span><span style=\"display:inherit;clear:left;\">recognized as an expense against a liability in the period in which the associated revenue is </span><span style=\"display:inherit;clear:left;\">recognized.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Receivables</span><span style=\"display:inherit;clear:left;\">Outstanding trade receivables and other receivables which are expected to be realized within 12 </span><span style=\"display:inherit;clear:left;\">months from the balance sheet date are classified as \u201cTrade receivables\u201d or \u201cOther receivables\u201d and </span><span style=\"display:inherit;clear:left;\">presented as current assets.</span><span style=\"display:inherit;clear:left;\">Receivables are, at initial recognition, measured at their transaction price less allowance for expected </span><span style=\"display:inherit;clear:left;\">credit losses over the lifetime of the receivable and are subsequently measured at amortized cost </span><span style=\"display:inherit;clear:left;\">adjusted for changes in expected credit losses. Derivative financial instruments included in other </span><span style=\"display:inherit;clear:left;\">receivables are measured at fair value.</span><span style=\"display:inherit;clear:left;\">Expected credit losses</span><span style=\"display:inherit;clear:left;\">Expected credit losses are, at initial recognition, determined using an aging factor as well as a specific </span><span style=\"display:inherit;clear:left;\">customer knowledge such as customers\u2019 ability to pay, considering historical information about </span><span style=\"display:inherit;clear:left;\">payment patterns, credit risks, customer concentrations, customer creditworthiness as well as </span><span style=\"display:inherit;clear:left;\">prevailing economic conditions. The estimates are updated subsequently, and if the debtor\u2019s ability to </span><span style=\"display:inherit;clear:left;\">pay is becoming doubtful, expected credit losses are calculated on an individual basis. When there are </span><span style=\"display:inherit;clear:left;\">no reasonable expectations of recovering the carrying amount, the receivable is written off in part or </span><span style=\"display:inherit;clear:left;\">entirely.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Other liabilities are generally measured at amortized cost. Derivative financial instruments included in </span><span style=\"display:inherit;clear:left;\">other liabilities are measured at fair value.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Borrowings consist of mortgage debt, bank loans, bonds and lease liabilities.</span><span style=\"display:inherit;clear:left;\">Borrowings are initially measured at fair value less transaction costs. Mortgage debt and bank loans are </span><span style=\"display:inherit;clear:left;\">subsequently measured at amortized cost. This means that the difference between the net proceeds at </span><span style=\"display:inherit;clear:left;\">the time of borrowing and the nominal amount of the loan is recognized in the income statement as a </span><span style=\"display:inherit;clear:left;\">financial expense over the term of the loan applying the effective interest method.</span><span style=\"display:inherit;clear:left;\">When terms of existing financial liabilities are renegotiated, or other changes regarding the effective </span><span style=\"display:inherit;clear:left;\">interest rate occur, TORM performs a test to evaluate whether the new terms are substantially different </span><span style=\"display:inherit;clear:left;\">from the original terms. If the new terms are substantially different from the original terms, TORM </span><span style=\"display:inherit;clear:left;\">accounts for the change as an extinguishment of the original financial liability and the recognition of a </span><span style=\"display:inherit;clear:left;\">new financial liability.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments and hedge accounting</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments, primarily forward currency exchange contracts, forward freight </span><span style=\"display:inherit;clear:left;\">agreements, interest rate hedges, and forward contracts regarding bunker purchases are entered into </span><span style=\"display:inherit;clear:left;\">to mitigate risks relating to future fluctuations in prices and interest rates, etc. on future committed or </span><span style=\"display:inherit;clear:left;\">anticipated transactions. TORM applies hedge accounting under the specific rules on cash flow hedges, </span><span style=\"display:inherit;clear:left;\">when appropriate, as described below for each type of derivative.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments designated as cash flow hedges and </span><span style=\"display:inherit;clear:left;\">deemed to be effective are recognized directly in \u201cOther comprehensive income\u201d. When the hedged </span><span style=\"display:inherit;clear:left;\">transaction is recognized in the income statement, the cumulative value adjustment recognized in </span><span style=\"display:inherit;clear:left;\">\u201cOther comprehensive income\u201d is transferred to the income statement and included in the same line as </span><span style=\"display:inherit;clear:left;\">the hedged transaction. Portion of the changes in fair value deemed to be ineffective is recognized </span><span style=\"display:inherit;clear:left;\">immediately in the income statement.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments not designated as hedges are recognized in </span><span style=\"display:inherit;clear:left;\">the income statement. While effectively reducing cash flow risk in accordance with the Company\u2019s Risk </span><span style=\"display:inherit;clear:left;\">Management Policy, certain forward freight agreements and forward contracts regarding bunker </span><span style=\"display:inherit;clear:left;\">purchases do not qualify for hedge accounting. Changes in fair value of these derivative financial </span><span style=\"display:inherit;clear:left;\">instruments are therefore recognized in the income statement under \u201cFinancial income\u201d or \u201cFinancial </span><span style=\"display:inherit;clear:left;\">expenses\u201d for interest rate swaps  and under \u201cPort expenses, bunkers and commissions\u201d for forward </span><span style=\"display:inherit;clear:left;\">freight agreements and forward bunker contracts.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Basic earnings per share are calculated by dividing the consolidated net profit/(loss) for the year </span><span style=\"display:inherit;clear:left;\">available to common shareholders by the weighted average number of common shares outstanding </span><span style=\"display:inherit;clear:left;\">during the period. Treasury shares are not included in the calculation. Purchases of treasury shares </span><span style=\"display:inherit;clear:left;\">during the period are weighted based on the remaining period.</span><span style=\"display:inherit;clear:left;\">Diluted earnings per share are calculated by adjusting the consolidated profit or loss available to </span><span style=\"display:inherit;clear:left;\">common shareholders and the weighted average number of common shares outstanding for the effects </span><span style=\"display:inherit;clear:left;\">of all potentially dilutive shares. Such potentially dilutive common shares are excluded when the effect </span><span style=\"display:inherit;clear:left;\">of including them would be to increase earnings per share or reduce a loss per share.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__94": {
   "value": "<span style=\"display:inherit;clear:left;\">Overview of Business</span><span style=\"display:inherit;clear:left;\">TORM plc is a shipping company that primarily owns and operates a fleet of product tankers and is </span><span style=\"display:inherit;clear:left;\">engaged in the marine engineering industry. TORM plc is a public company limited by shares and is </span><span style=\"display:inherit;clear:left;\">incorporated in England and Wales. Its registered number is 09818726, and its registered address is 4th </span><span style=\"display:inherit;clear:left;\">Floor, 120 Cannon Street, London, EC4N 6AS, United Kingdom (\u201cUK\u201d) .Unless otherwise indicated, the </span><span style=\"display:inherit;clear:left;\">terms \u201cTORM plc\u201d and \u201cParent Company\u201d refers solely to TORM plc and the terms \u201cwe\u201d, \u201cus\u201d, \u201cour\u201d, the </span><span style=\"display:inherit;clear:left;\">\u201dCompany\u201d, and the \u201cGroup\u201d refer to TORM plc and its consolidated subsidiaries which include T<span class=\"_ _21d\"></span>O<span class=\"_ _21d\"></span>RM<span class=\"_ _21d\"></span> <span class=\"_ _34\"></span>A<span class=\"_ _21d\"></span>/S<span class=\"_ _21d\"></span>.</span><span style=\"display:inherit;clear:left;\">TORM plc is listed on Nasdaq in Copenhagen, Denmark, under the symbol \u201cTRMD A\u201d, on Nasdaq in New </span><span style=\"display:inherit;clear:left;\">York, the United States, under the symbol \u201cTRMD\u201d, as well as having bonds listed on Oslo Stock </span><span style=\"display:inherit;clear:left;\">Exchange, Norway.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__98": {
   "value": "TORM plc is a shipping company that primarily owns and operates a fleet of product tankers and is engaged in the marine engineering industry",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__97": {
   "value": "TORM plc",
   "dimensions": {
    "concept": "ifrs-full:NameOfUltimateParentOfGroup",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__96": {
   "value": "TORM plc",
   "dimensions": {
    "concept": "ifrs-full:NameOfParentEntity",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__95": {
   "value": "TORM plc",
   "dimensions": {
    "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__99": {
   "value": "public company limited",
   "dimensions": {
    "concept": "ifrs-full:LegalFormOfEntity",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__100": {
   "value": "England and Wales",
   "dimensions": {
    "concept": "ifrs-full:CountryOfIncorporation",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__101": {
   "value": "4th Floor, 120 Cannon Street, London, EC4N 6AS",
   "dimensions": {
    "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__102": {
   "value": "London",
   "dimensions": {
    "concept": "ifrs-full:PrincipalPlaceOfBusiness",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__103": {
   "value": "United Kingdom",
   "dimensions": {
    "concept": "ifrs-full:DomicileOfEntity",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__104": {
   "value": "<span style=\"display:inherit;clear:left;\">Basis of Preparation</span><span style=\"display:inherit;clear:left;\">The consolidated financial statements of the Group have been prepared in accordance with UK-adopted </span><span style=\"display:inherit;clear:left;\">International Accounting Standards (\u201cUK-adopted IAS\u201d) and with the provisions of the Companies Act </span><span style=\"display:inherit;clear:left;\">2006. The consolidated financial statements are also prepared in accordance with IFRS Accounting </span><span style=\"display:inherit;clear:left;\">Standards (\u201cIFRS\u201d) as issued by the International Accounting Standards Board (\u201cIASB\u201d) and I<span class=\"_ _34\"></span>FRS as </span><span style=\"display:inherit;clear:left;\">adopted by the European Union (\u201cEU\u201d), as applied to financial periods beginning on or after <span class=\"_ _34\"></span>01 January </span><span style=\"display:inherit;clear:left;\">2025 and additional disclosure requirements for listed companies (class D) in accordance with the </span><span style=\"display:inherit;clear:left;\">Danish Financial Statements Act. </span><span style=\"display:inherit;clear:left;\">The consolidated financial statements have been prepared on a going concern basis and under the </span><span style=\"display:inherit;clear:left;\">historical cost convention, except where fair value accounting is specifically required by IFRS. </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">The functional currency of the Company is USD</span></span>, and the Company applies USD as the presentation </span><span style=\"display:inherit;clear:left;\">currency in the preparation of the consolidated financial statements.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__105": {
   "value": "<span style=\"display:inherit;clear:left;\">The functional currency of the Company is USD</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__106": {
   "value": "<span style=\"display:inherit;clear:left;\">Going Concern</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM\u2019s available liquidity including undrawn and committed facilities was USD </span><span style=\"display:inherit;clear:left;\">562.3m, including a total cash position of USD 163.5m (including restricted cash of USD 5.4m). TORM\u2019s </span><span style=\"display:inherit;clear:left;\">net interest-bearing debt was USD\ue82b848.4m, and the net loan-to-value ratio was 29.4% (Tanker segment </span><span style=\"display:inherit;clear:left;\">only). Further information on TORM\u2019s objectives and policies for managing our capital, our financial risk </span><span style=\"display:inherit;clear:left;\">management objectives, and our exposure to credit and liquidity risk can be found in financial statement </span><span style=\"display:inherit;clear:left;\">Note 24.</span><span style=\"display:inherit;clear:left;\">TORM monitors its funding position throughout the year to ensure that it has access to sufficient funds </span><span style=\"display:inherit;clear:left;\">to meet the forecasted cash requirements and loan commitments, and to monitor compliance with the </span><span style=\"display:inherit;clear:left;\">financial covenants in its loan facilities, details available in financial statement Note 2.</span><span style=\"display:inherit;clear:left;\">A key element for TORM\u2019s financial performance in the going concern period relates to the increased </span><span style=\"display:inherit;clear:left;\">geopolitical risks and trade disputes. TORM\u2019s base case assumes that these dynamics will persist. </span><span style=\"display:inherit;clear:left;\">TORM monitors the general development in the geopolitical situation and potential effects on the </span><span style=\"display:inherit;clear:left;\">product tanker market. In the base case, TORM has sufficient liquidity and headroom for all the </span><span style=\"display:inherit;clear:left;\">covenant limits.</span><span style=\"display:inherit;clear:left;\">\u2192 The principal risks and uncertainties facing TORM are set out on pages 14 - 17</span><span style=\"display:inherit;clear:left;\">In addition to the base case, TORM has developed a reverse stress case. The reverse stress case covers </span><span style=\"display:inherit;clear:left;\">the lowest TCE rate that only just meets the minimum liquidity covenant and the lowest vessel values </span><span style=\"display:inherit;clear:left;\">that do not breach any of the facilities\u2019 minimum-security values in the period. In the reverse stress </span><span style=\"display:inherit;clear:left;\">case, with TCE rates significantly below the lowest rolling four-quarter average observed since 2000 on </span><span style=\"display:inherit;clear:left;\">each vessel class basis accompanied by a corresponding decline in vessel values, TORM maintains </span><span style=\"display:inherit;clear:left;\">sufficient headroom on liquidity and covenants throughout the going concern period.</span><span style=\"display:inherit;clear:left;\">The Board of Directors has considered TORM\u2019s cash flow forecasts and the expected compliance with </span><span style=\"display:inherit;clear:left;\">TORM\u2019s financial covenants for the period until 31 March 2027. Based on this review, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has a reasonable expectation that taking reasonably possible changes in trading performance </span><span style=\"display:inherit;clear:left;\">and vessel valuations into account, TORM will be able to continue in operation and comply with our </span><span style=\"display:inherit;clear:left;\">financial covenants for the period until 31 March 2027. Accordingly, TORM continues to adopt the going </span><span style=\"display:inherit;clear:left;\">concern basis in preparing our financial statements.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__108": {
   "value": "<span style=\"display:inherit;clear:left;\">Adoption of New or Amended IFRS Standards </span><span style=\"display:inherit;clear:left;\">IASB has issued a number of new or amended accounting standards (IFRS) and interpretations (IFRIC). </span><span style=\"display:inherit;clear:left;\">TORM has implemented the following standards and amendments issued by the IASB and adopted by </span><span style=\"display:inherit;clear:left;\">the UK and the EU in the consolidated financial statements for 2025:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability</span><span style=\"display:inherit;clear:left;\">For the new standards and amendments, it is assessed that application of these effective on 01 </span><span style=\"display:inherit;clear:left;\">January 2025 has not had any accounting or disclosure impact on the consolidated financial </span><span style=\"display:inherit;clear:left;\">statements in 2025. </span><span style=\"display:inherit;clear:left;\">The below have been issued by the IASB and adopted by the UK and the EU but have not yet come into </span><span style=\"display:inherit;clear:left;\">effect for consolidated financial statements of 2025.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Annual Improvements to IFRS Accounting Standards - Volume 11 (January 2026 </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IFRS 9 and IFRS 7: Amendments to the Classification and Measurement of Financial </span><span style=\"display:inherit;clear:left;\">Instruments (January 2026)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IFRS 9 and IFRS 7: Contracts Referencing Nature dependent Electricity (January </span><span style=\"display:inherit;clear:left;\">2026)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 18 Presentation and Disclosure in Financial Statements (January 2027)</span><span style=\"display:inherit;clear:left;\">The below have been issued by the IASB and not yet adopted by the UK and the EU and not yet come </span><span style=\"display:inherit;clear:left;\">into effect:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 19 Subsidiaries without Public Accountability: Disclosures (January 2027)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 10 and IAS 28 (amendments) Sale or Contribution of Assets between an Investor and its </span><span style=\"display:inherit;clear:left;\">Associate or Joint Venture issued in September 2014 (deferred indefinitely)</span><span style=\"display:inherit;clear:left;\">TORM has assessed the accounting standards and interpretations above and TORM does not expect the </span><span style=\"display:inherit;clear:left;\">new standards to have any material impact on neither TORM\u2019s figures nor the disclosures, except IFRS </span><span style=\"display:inherit;clear:left;\">18.</span><span style=\"display:inherit;clear:left;\">IFRS 18 introduces new requirements for presentation within the consolidated income statement, </span><span style=\"display:inherit;clear:left;\">including specified totals and subtotals. Furthermore, it is required to classify all income and expenses </span><span style=\"display:inherit;clear:left;\">within the consolidated income statement into one of five categories: operating, investing, financing, </span><span style=\"display:inherit;clear:left;\">income taxes and discontinued operations. </span><span style=\"display:inherit;clear:left;\">The standard also requires disclosure of management-defined performance measures, subtotals of </span><span style=\"display:inherit;clear:left;\">income and expenses, which will have a limited impact as TORM already disclose alternative </span><span style=\"display:inherit;clear:left;\">performance measures. </span><span style=\"display:inherit;clear:left;\">TORM expects only limited impact from IFRS 18 on the consolidated income statement primarily related </span><span style=\"display:inherit;clear:left;\">to reclassification of interest income from cash and cash equivalents, certain financial expenses and </span><span style=\"display:inherit;clear:left;\">exchange rate differences into the respective operating and investing categories of the consolidated </span><span style=\"display:inherit;clear:left;\">income statement with a similar impact on the consolidated cash flow statement from these items. </span><span style=\"display:inherit;clear:left;\">In addition, financial items arising from financing facilities will be reclassified into the financing activities </span><span style=\"display:inherit;clear:left;\">of the consolidated cash flow statement.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__107": {
   "value": "<span style=\"display:inherit;clear:left;\">Adoption of New or Amended IFRS Standards </span><span style=\"display:inherit;clear:left;\">IASB has issued a number of new or amended accounting standards (IFRS) and interpretations (IFRIC). </span><span style=\"display:inherit;clear:left;\">TORM has implemented the following standards and amendments issued by the IASB and adopted by </span><span style=\"display:inherit;clear:left;\">the UK and the EU in the consolidated financial statements for 2025:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates: Lack of Exchangeability</span><span style=\"display:inherit;clear:left;\">For the new standards and amendments, it is assessed that application of these effective on 01 </span><span style=\"display:inherit;clear:left;\">January 2025 has not had any accounting or disclosure impact on the consolidated financial </span><span style=\"display:inherit;clear:left;\">statements in 2025. </span><span style=\"display:inherit;clear:left;\">The below have been issued by the IASB and adopted by the UK and the EU but have not yet come into </span><span style=\"display:inherit;clear:left;\">effect for consolidated financial statements of 2025.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Annual Improvements to IFRS Accounting Standards - Volume 11 (January 2026 </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IFRS 9 and IFRS 7: Amendments to the Classification and Measurement of Financial </span><span style=\"display:inherit;clear:left;\">Instruments (January 2026)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Amendments to IFRS 9 and IFRS 7: Contracts Referencing Nature dependent Electricity (January </span><span style=\"display:inherit;clear:left;\">2026)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 18 Presentation and Disclosure in Financial Statements (January 2027)</span><span style=\"display:inherit;clear:left;\">The below have been issued by the IASB and not yet adopted by the UK and the EU and not yet come </span><span style=\"display:inherit;clear:left;\">into effect:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 19 Subsidiaries without Public Accountability: Disclosures (January 2027)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IFRS 10 and IAS 28 (amendments) Sale or Contribution of Assets between an Investor and its </span><span style=\"display:inherit;clear:left;\">Associate or Joint Venture issued in September 2014 (deferred indefinitely)</span><span style=\"display:inherit;clear:left;\">TORM has assessed the accounting standards and interpretations above and TORM does not expect the </span><span style=\"display:inherit;clear:left;\">new standards to have any material impact on neither TORM\u2019s figures nor the disclosures, except IFRS </span><span style=\"display:inherit;clear:left;\">18.</span><span style=\"display:inherit;clear:left;\">IFRS 18 introduces new requirements for presentation within the consolidated income statement, </span><span style=\"display:inherit;clear:left;\">including specified totals and subtotals. Furthermore, it is required to classify all income and expenses </span><span style=\"display:inherit;clear:left;\">within the consolidated income statement into one of five categories: operating, investing, financing, </span><span style=\"display:inherit;clear:left;\">income taxes and discontinued operations. </span><span style=\"display:inherit;clear:left;\">The standard also requires disclosure of management-defined performance measures, subtotals of </span><span style=\"display:inherit;clear:left;\">income and expenses, which will have a limited impact as TORM already disclose alternative </span><span style=\"display:inherit;clear:left;\">performance measures. </span><span style=\"display:inherit;clear:left;\">TORM expects only limited impact from IFRS 18 on the consolidated income statement primarily related </span><span style=\"display:inherit;clear:left;\">to reclassification of interest income from cash and cash equivalents, certain financial expenses and </span><span style=\"display:inherit;clear:left;\">exchange rate differences into the respective operating and investing categories of the consolidated </span><span style=\"display:inherit;clear:left;\">income statement with a similar impact on the consolidated cash flow statement from these items. </span><span style=\"display:inherit;clear:left;\">In addition, financial items arising from financing facilities will be reclassified into the financing activities </span><span style=\"display:inherit;clear:left;\">of the consolidated cash flow statement.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__109": {
   "value": "<span style=\"display:inherit;clear:left;\">Consolidation Principles</span><span style=\"display:inherit;clear:left;\">The consolidated financial statements comprise the financial statements of the parent company, TORM </span><span style=\"display:inherit;clear:left;\">plc and entities controlled by the Company and its subsidiaries. Control is achieved when the Company </span><span style=\"display:inherit;clear:left;\">has all the following:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Power over the investee</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Exposure, or rights, to variable returns from its involvement with the investee</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The ability to use its power over the investee to affect the amounts of the investor\u2019s returns</span><span style=\"display:inherit;clear:left;\">TORM reassesses whether it controls an investee if facts and circumstances indicate that there are </span><span style=\"display:inherit;clear:left;\">changes to one or more of the three elements of control listed above.</span><span style=\"display:inherit;clear:left;\">When the Company has less than a majority of the voting rights of an investee, it has power over the </span><span style=\"display:inherit;clear:left;\">investee when the voting rights are sufficient to give it the practical ability to direct the relevant </span><span style=\"display:inherit;clear:left;\">activities unilaterally. The Company considers all facts and circumstances in assessing whether or not </span><span style=\"display:inherit;clear:left;\">the Company\u2019s voting rights in an investee are sufficient to give it power, including:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The size of the Company\u2019s holding of voting rights relative to the size and dispersion of holdings of </span><span style=\"display:inherit;clear:left;\">the other vote holders</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Potential voting rights held by the Company, other vote holders, or other parties</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Rights arising from other contractual arrangements</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Any additional facts and circumstances which indicate that the Company has, or does not have, the </span><span style=\"display:inherit;clear:left;\">current ability to direct the relevant activities at the time when decisions need to be made, including </span><span style=\"display:inherit;clear:left;\">voting pattern at previous shareholders\u2019 meetings</span><span style=\"display:inherit;clear:left;\">Entities in which the Group exercises significant but not controlling influence are regarded as </span><span style=\"display:inherit;clear:left;\">associated companies and are accounted for using the equity method.</span><span style=\"display:inherit;clear:left;\">Companies which are managed jointly by agreement with one or more companies and therefore are </span><span style=\"display:inherit;clear:left;\">subject to joint control (joint ventures) are accounted for using the equity method.</span><span style=\"display:inherit;clear:left;\">Consolidation of a subsidiary begins when the Company obtains control over the subsidiary and ends </span><span style=\"display:inherit;clear:left;\">when the Company loses control over the subsidiary. Specifically, income and expenses of a subsidiary </span><span style=\"display:inherit;clear:left;\">acquired or disposed of during the year are included in the consolidated income statement and other </span><span style=\"display:inherit;clear:left;\">comprehensive income from the date on which the Company obtains control until the date when the </span><span style=\"display:inherit;clear:left;\">Company loses control over the subsidiary.</span><span style=\"display:inherit;clear:left;\">The consolidated financial statements are prepared using consistent accounting policies and </span><span style=\"display:inherit;clear:left;\">eliminating intercompany transactions, balances, and shareholdings as well as gains and losses on </span><span style=\"display:inherit;clear:left;\">transactions between the consolidated entities.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__110": {
   "value": "<span style=\"display:inherit;clear:left;\">Foreign Currencies</span><span style=\"display:inherit;clear:left;\">The functional currency of all significant entities, including subsidiaries and associated companies, is </span><span style=\"display:inherit;clear:left;\">United States Dollars (USD) because the Company\u2019s vessels operate in international shipping markets, </span><span style=\"display:inherit;clear:left;\">in which income and expenses are settled in USD, and because the Company\u2019s most significant assets </span><span style=\"display:inherit;clear:left;\">and liabilities in the form of vessels and related liabilities are denominated in USD. Transactions in </span><span style=\"display:inherit;clear:left;\">currencies other than the functional currency are translated into the functional currency at the </span><span style=\"display:inherit;clear:left;\">transaction date. Cash, receivables and payables and other monetary items denominated in currencies </span><span style=\"display:inherit;clear:left;\">other than the functional currency are translated into the functional currency at the exchange rate at </span><span style=\"display:inherit;clear:left;\">the balance sheet date. Gains or losses due to differences between the exchange rate at the </span><span style=\"display:inherit;clear:left;\">transaction date and the exchange rate at the settlement date or the balance sheet date are recognized </span><span style=\"display:inherit;clear:left;\">in the income statement under \u201cFinancial income\u201d and \u201cFinancial expenses\u201d. </span><span style=\"display:inherit;clear:left;\">The reporting currency of the Company is USD. Upon recognition of entities with functional currencies </span><span style=\"display:inherit;clear:left;\">other than USD, the financial statements are translated into USD. Income statement items are </span><span style=\"display:inherit;clear:left;\">translated into USD at the exchange rate for each transaction, whereas balance sheet items are </span><span style=\"display:inherit;clear:left;\">translated at the exchange rate as of the balance sheet date. Exchange differences arising from the </span><span style=\"display:inherit;clear:left;\">translation of financial statements into USD are recognized as a separate component in \u201cOther </span><span style=\"display:inherit;clear:left;\">comprehensive income\u201d. On the disposal of an entity, the cumulative amount of the exchange </span><span style=\"display:inherit;clear:left;\">differences recognized in the separate component of equity relating to that entity is transferred to the </span><span style=\"display:inherit;clear:left;\">income statement as part of the gain or loss on disposal.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__112-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Income Statement</span><span style=\"display:inherit;clear:left;\">Port expenses, bunkers, and commissions and other costs of goods and services sold</span><span style=\"display:inherit;clear:left;\">Port expenses, bunker fuel consumption, commissions, and other costs of goods sold are recognized as </span><span style=\"display:inherit;clear:left;\">incurred. To the extent that the costs are recoverable, costs directly attributable to relocate the vessel </span><span style=\"display:inherit;clear:left;\">to the load port are capitalized and amortized over the course of the transportation period.</span><span style=\"display:inherit;clear:left;\">Gains and losses on forward bunker contracts, forward freight agreements (FFA) as well as write-down </span><span style=\"display:inherit;clear:left;\">for losses on trade receivables are included in this line.</span><span style=\"display:inherit;clear:left;\">Operating expenses</span><span style=\"display:inherit;clear:left;\">Operating expenses, which comprise crew expenses, repair and maintenance expenses, and tonnage </span><span style=\"display:inherit;clear:left;\">duty, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">Administrative expenses</span><span style=\"display:inherit;clear:left;\">Administrative expenses, which comprise administrative staff costs, management costs, office </span><span style=\"display:inherit;clear:left;\">expenses, and other expenses relating to administration, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">Other operating expenses and income</span><span style=\"display:inherit;clear:left;\">Other operating expenses primarily comprise management fees paid to commercial and technical </span><span style=\"display:inherit;clear:left;\">managers for managing the fleet, profits and losses deriving from the disposal of fixed assets other than </span><span style=\"display:inherit;clear:left;\">vessels as well as claims and disputes provisions.</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses and reversals of impairment losses</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses comprise depreciation of tangible fixed assets for the year as well </span><span style=\"display:inherit;clear:left;\">as the write-down of the value of assets by the amount by which the carrying amount of the asset </span><span style=\"display:inherit;clear:left;\">exceeds its recoverable amount. In the event of indication of impairment, the carrying amount is </span><span style=\"display:inherit;clear:left;\">assessed, and the value of the asset is written down to its recoverable amount equal to the higher of </span><span style=\"display:inherit;clear:left;\">value in use based on net present value of future earnings from the assets and its fair value less costs </span><span style=\"display:inherit;clear:left;\">to sell.</span><span style=\"display:inherit;clear:left;\">Subsequent reversal of impairment losses is recognized if the recoverable amount exceeds the carrying </span><span style=\"display:inherit;clear:left;\">amount to the extent that the carrying amount does not exceed the carrying amount without any </span><span style=\"display:inherit;clear:left;\">historical impairment losses.</span><span style=\"display:inherit;clear:left;\">NOTE 5 \u2013 STAFF COSTS</span><span style=\"display:inherit;clear:left;\">Employee Information</span><span style=\"display:inherit;clear:left;\">Staff costs included in operating expenses relate to the 105 seafarers employed under Danish </span><span style=\"display:inherit;clear:left;\">contracts (2024: 109, 2023:105).</span><span style=\"display:inherit;clear:left;\">The average number of employees is calculated as a full-time equivalent (FTE).</span><span style=\"display:inherit;clear:left;\">The Executive Director is, in the event of termination by the Company, entitled to a severance payment </span><span style=\"display:inherit;clear:left;\">of up to 12 months' salary.</span><span style=\"display:inherit;clear:left;position:relative;height:282.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 471.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 87.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total staff costs</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 473.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 473.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.0039px; width: 180.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs comprise the following</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.295px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Wages and salaries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.17px; width: 473.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share-based compensation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.045px; width: 473.361px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 160.92px; width: 473.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other social security costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.103px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.795px; width: 473.508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other staff costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.254px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.129px; width: 219.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average number of permanent employees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seafarers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 210.181px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 254.295px; width: 473.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land-based</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">529 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.754px; width: 473.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">634</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">607</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">573</span><span style=\"display: inline-block;\"> </span></span></span><span style=\"display:inherit;clear:left;\">At the end of 2025 TORM has a pool of 3,804 (2024: 3,677, 2023: 3,271) seafarers.</span><span style=\"display:inherit;clear:left;\">The majority of seafarers on vessels are on short-term contracts. The average number of seafarers on </span><span style=\"display:inherit;clear:left;\">board vessels on short-term contracts in 2025 was 1,753 (2024: 1,721, 2023: 1,625).</span><span style=\"display:inherit;clear:left;\">Total seafarers\u2019 costs in 2025 were USD148.7m (2024: USD 141.4m, 2023: USD 127.1m), which is </span><span style=\"display:inherit;clear:left;\">included in \u201cOperating expenses\u201d of which USD138.8m (2024: USD 131.8m, 2023: USD 118.5m) </span><span style=\"display:inherit;clear:left;\">pertains to cost for seafarers on board vessels on short term contracts and USD 9.9m (2024: USD </span><span style=\"display:inherit;clear:left;\">9.6m, 2023: USD 8.6m) pertains to cost for seafarers employed under the Danish contract as indicated </span><span style=\"display:inherit;clear:left;\">in the staff costs table above. </span><span style=\"display:inherit;clear:left;position:relative;height:126px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 303.99px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 304.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Executive Board and Committee remuneration, short </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.0039px; width: 24.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">term</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Christopher H. Boehringer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.391px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">212 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">David N. Weinstein</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.318px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.0449px; width: 531.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">G\u00f6ran Trapp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.9199px; width: 532.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Annette Malm Justad</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.756px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">755 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">761 </span></span></span><span style=\"display:inherit;clear:left;\">Executive Management</span><span style=\"display:inherit;clear:left;position:relative;height:187.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 341.891px; top: 0.0039062px; width: 35.9062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">An</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 415.125px; top: 0.0039062px; width: 34.5762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sh</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 262.781px; top: 13.5039px; width: 44.0684px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 13.5039px; width: 65.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ma</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.812px; top: 13.5039px; width: 34.0488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ba</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.3789px; width: 230.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 260.406px; top: 27.0039px; width: 43.7754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 344.812px; top: 27.0039px; width: 31.7285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 118.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ym</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.2949px; width: 122.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Executive Management </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 68.7188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remuneration</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2539px; width: 90.9727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Jacob Meldgaard</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5039px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,119 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,277 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,436 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.379px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,383 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,460 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.254px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,141 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,414 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.129px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,530 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,606 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.004px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,393 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,668 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.879px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">80 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,574 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,654 </span></span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Pa<span class=\"_ _31\"></span>id <span class=\"_ _31\"></span>by<span class=\"_ _31\"></span> le<span class=\"_ _31\"></span>gal<span class=\"_ _31\"></span> en<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>ty <span class=\"_ _31\"></span>as <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Senior Management Team</span><span style=\"display:inherit;clear:left;\">The aggregated compensation expensed by the Group to the three (2024: three, 2023: three) other </span><span style=\"display:inherit;clear:left;\">members of the Senior Management Team in 2025 (excluding CEO Jacob Meldgaard) was  USD 10.5m </span><span style=\"display:inherit;clear:left;\">(2024: USD 9.5m, 2023: USD 7.5m), which includes an aggregate of USD 0.2m (2024: USD 0.1m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.1m) allocated for pensions (defined contribution plans) and share-based payment of USD 8.2m<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">(2023: USD 7.5m, 2022: USD 6.0m) for these individuals. </span><span style=\"display:inherit;clear:left;position:relative;height:108.509765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 364.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LTIP element of CEO Jacob Meldgaard's remuneration package </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 177.422px; top: 15.8477px; width: 345.082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.0977px; width: 521.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Grant Date</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.863px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">07-Mar-24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">06-Mar-25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23-Sep-25</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.0137px; width: 521.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU LTIP grant\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0292px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">300,000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">500,000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.8887px; width: 522.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price per share</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 220.60</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 258.40</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 162.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7637px; width: 137.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU grant value assuming </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.2637px; width: 521.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100% vesting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 2.5m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 10.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 1.9m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 9.1m</span></span></span><span style=\"display:inherit;clear:left;\">TORM operates an equity-settled, share-based compensation plan. The fair value of the employee </span><span style=\"display:inherit;clear:left;\">services received in exchange for the grant of shares is recognized as an expense and allocated over </span><span style=\"display:inherit;clear:left;\">the vesting period. Employment in TORM throughout the period is in most cases a prerequisite for </span><span style=\"display:inherit;clear:left;\">upholding the full vesting rights in the RSU program. For voluntary leavers subject to the Danish Stock </span><span style=\"display:inherit;clear:left;\">Options Act, the RSUs will vest in accordance with the vesting schedule, but for all other leavers, all </span><span style=\"display:inherit;clear:left;\">unvested RSUs shall be immediately forfeited for no consideration. Options are granted under the plan </span><span style=\"display:inherit;clear:left;\">for no consideration and carry no dividend or voting rights.</span><span style=\"display:inherit;clear:left;\">In accordance with its Remuneration Policy, TORM has granted the CEO a number of Restricted Share </span><span style=\"display:inherit;clear:left;\">Units (RSUs). There are no performance conditions associated with this grant of RSUs.</span><span style=\"display:inherit;clear:left;\">Refer to Long-Term Incentive Program \u2013 restricted share units granted to the Executive Director in the </span><span style=\"display:inherit;clear:left;\">remuneration report for further information. RSUs granted to the CEO vest in equal installments over </span><span style=\"display:inherit;clear:left;\">three years.</span><span style=\"display:inherit;clear:left;\">Vested RSUs may be exercised for a period of 360 days from each vesting date. Details of the CEO\u2019s </span><span style=\"display:inherit;clear:left;\">awards and interests in Restricted Share Units are set out in the remuneration report.</span><span style=\"display:inherit;clear:left;\">The single figure remuneration table for the CEO does not include any amounts in relation to the RSU </span><span style=\"display:inherit;clear:left;\">awards as there are no performance conditions associated with this grant of RSUs. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 29 March 2023, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next three years. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 01 January 2024. The exercise price for each RSU is <span class=\"fs1\">DKK 220.6</span>, corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2022 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium adjusted for the dividend payment related to TORM\u2019s fourth quarter 2022 </span><span style=\"display:inherit;clear:left;\">results. Vested RSUs may be exercised for a period of  360 days from each vesting date. In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the CEO is granted a total of <span class=\"fs1\">300,000</span> RSUs in the Additional Retention </span><span style=\"display:inherit;clear:left;\">Program on similar terms as outlined above, with the exception that the strike price for these RSUs is </span><span style=\"display:inherit;clear:left;\">set to <span class=\"fs1\">one</span> US cent and that all RSUs will vest on 01 March 2026. As stated in Company Announcement </span><span style=\"display:inherit;clear:left;\">No. 21, the Board of Directors has resolved to accelerate the vesting date to 07 November 2025. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 7 March 2024, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years.</span> The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2025. The exercise price for each RSU is <span class=\"fs1\">DKK 258.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2023 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.</span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 2 issued on 6 March 2025, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years</span>. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2026. The exercise price for each RSU is <span class=\"fs1\">DKK 162.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2024 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.  In addition to the RSUs granted above, as detailed in announcement no. 21 issued on 23 </span><span style=\"display:inherit;clear:left;\">September 2025, the CEO is granted a total of <span class=\"fs1\">500,000</span> RSUs in the Additional Retention Program on </span><span style=\"display:inherit;clear:left;\">similar terms as outlined above, with the exception that the strike price for these RSUs is set to <span class=\"fs1\">one</span> US </span><span style=\"display:inherit;clear:left;\">cent and that all RSUs will vest on 1 October 2028.</span><span style=\"display:inherit;clear:left;\">Long-term employee benefit obligations</span><span style=\"display:inherit;clear:left;\">The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units </span><span style=\"display:inherit;clear:left;\">in TORM plc at a determinable price to the entity's key personnel, including the CEO. The RSUs granted </span><span style=\"display:inherit;clear:left;\">entitle the holder to acquire one TORM A-share.</span><span style=\"display:inherit;clear:left;\">The program comprises the following number of shares in TORM plc:</span><span style=\"display:inherit;clear:left;position:relative;height:128.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 523.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares (1,000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 24.4414px; width: 163.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 01 January</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 25.1699px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,424.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.3164px; width: 146.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the period\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 42.0449px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,597.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,506.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,136.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.1914px; width: 149.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 58.9199px; width: 217.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,263.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,345.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,137.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0664px; width: 190.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expired/forfeited during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 75.7949px; width: 216.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-934.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-122.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2539px; width: 528.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,856.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.004px; width: 523.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 205.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>ddi<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>1,1<span class=\"_ _31\"></span>58,<span class=\"_ _31\"></span>93<span class=\"_ _31\"></span>8<span class=\"fc9\"> </span>(<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>6,2<span class=\"_ _31\"></span>59<span class=\"_ _31\"></span>, 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>: <span class=\"_ _31\"></span>0) <span class=\"_ _31\"></span>RS<span class=\"_ _31\"></span>Us <span class=\"_ _31\"></span>gra<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> ad<span class=\"_ _31\"></span>jus<span class=\"_ _31\"></span>t <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>imp<span class=\"_ _31\"></span>act<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>ivi<span class=\"_ _31\"></span>den<span class=\"_ _31\"></span>ds<span class=\"_ _31\"></span> on<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e </span><span style=\"display:inherit;clear:left;\">sh<span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> pr<span class=\"_ _31\"></span>ic<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>n a<span class=\"_ _31\"></span>cco<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span>anc<span class=\"_ _31\"></span>e w<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span>h t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ori<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>nal<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>s o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>ant<span class=\"_ _31\"></span>. N<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>mod<span class=\"_ _31\"></span>ifi<span class=\"_ _31\"></span>cat<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ns <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> RS<span class=\"_ _31\"></span>U </span><span style=\"display:inherit;clear:left;\">pr<span class=\"_ _31\"></span>ogr<span class=\"_ _31\"></span>am <span class=\"_ _31\"></span>ha<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>occ<span class=\"_ _31\"></span>urr<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">In 2023, the Board of Directors agreed to grant a total of 1,248,153 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 220.6. </span><span style=\"display:inherit;clear:left;\">The exercise period is 360 days from each vesting date. The fair value of the options granted in 2023 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 10.8m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2023 was 1.5 years and as of 31 December </span><span style=\"display:inherit;clear:left;\">2024 was 1 year and as of 31 December 2025 was 0.0 year. In addition to the RSUs granted above, the </span><span style=\"display:inherit;clear:left;\">other management is granted a total of 1,333,222 RSUs in the Additional Retention Program on similar </span><span style=\"display:inherit;clear:left;\">terms as outlined above, with the exception that the strike price for these RSUs is set to one US cent </span><span style=\"display:inherit;clear:left;\">and that all RSUs will vest on 1 March 2026. As stated in Company Announcement No. 21, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has resolved to accelerate the vesting date to 07 November 2025. The fair value of the </span><span style=\"display:inherit;clear:left;\">options in the Additional Retention Program granted in 2023 was determined using the Black-Scholes </span><span style=\"display:inherit;clear:left;\">model and amounts to <span class=\"fs1\">USD 40.4m</span>.</span><span style=\"display:inherit;clear:left;\">In 2024, the Board of Directors agreed to grant a total of 1,214,986 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 258.4. </span><span style=\"display:inherit;clear:left;\">The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted in 2024 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 8.1m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2024 was  <span class=\"fs1\">1.5 years</span> and as of 31 </span><span style=\"display:inherit;clear:left;\">December 2025 was <span class=\"fs1\">1 year</span>.</span><span style=\"display:inherit;clear:left;\">In 2025, the Board of Directors agreed to grant a total of 1,326,087 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is  <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK </span><span style=\"display:inherit;clear:left;\">162.38. The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted </span><span style=\"display:inherit;clear:left;\">in 2025 was determined using the Black-Scholes model and amounts to USD 3.3m. The average </span><span style=\"display:inherit;clear:left;\">remaining contractual life for the restricted shares as of 31 December 2025 is 1.5 years.  In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the other management is granted a total of 1,293,434 RSUs in the Additional </span><span style=\"display:inherit;clear:left;\">Retention Program on similar terms as outlined above, with the exception that the strike price for these </span><span style=\"display:inherit;clear:left;\">RSUs is set to one US cent and that all RSUs will vest on 1 October 2028. The fair value of the options </span><span style=\"display:inherit;clear:left;\">in the Additional Retention Program granted in <span class=\"fs1\">2025</span> was determined using the Black-Scholes model </span><span style=\"display:inherit;clear:left;\">and amounts to USD 18.7m.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span><span style=\"display:inherit;clear:left;\">NOTE 6 \u2013 REMUNERATION TO AUDITORS APPOINTED AT THE PARENT COMPAN<span class=\"_ _34\"></span>Y\u2019S ANNUAL </span><span style=\"display:inherit;clear:left;\">GENERAL MEETING</span><span style=\"display:inherit;clear:left;\">The remuneration of the auditor is required to be presented as follows:</span><span style=\"display:inherit;clear:left;position:relative;height:192.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 53.9121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit fees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 303.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fees payable to the Company's auditor for the audit of the </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Company's annual accounts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.893px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit of the Company's subsidiaries pursuant to legislation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.9824px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.6289px; width: 531.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total audit fees</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.02px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 105.379px; width: 78.5156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-audit fees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.67px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit-related services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.978px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Others</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.004px; width: 531.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total non-audit fees</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.955px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.754px; width: 531.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span></span><span style=\"display:inherit;clear:left;\">Under SEC regulations, the remuneration of the auditor of USD 2.0m (2024: USD 2.3m, 2023: USD 1.5m) </span><span style=\"display:inherit;clear:left;\">is required to be presented as follows: Audit fees USD 1.6m (2024: USD 1.8m, 2023: USD 1.4m), audit-</span><span style=\"display:inherit;clear:left;\">related fees USD 0.4m (2024: USD 0.5m, 2023: USD 0.1m), tax fees USD 0.0m (2024: USD 0.0m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.0m), and all other fees USD 0.0m (2024: USD 0.0m, 2023: USD 0.0m.).</span><span style=\"display:inherit;clear:left;\">TORM's Audit Committee pre-approves all audit, audit-related and non-audit services not prohibited by </span><span style=\"display:inherit;clear:left;\">law to be performed by our independent auditors and associated fees prior to the engagement of the </span><span style=\"display:inherit;clear:left;\">independent auditor with respect to such services.</span><span style=\"display:inherit;clear:left;position:relative;height:123.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 16.5039px; width: 88.5879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 33.7949px; width: 300.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income from cash and cash equivalents, including </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 47.2949px; width: 532.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">restricted cash \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.553px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 63.7949px; width: 289.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including gain from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.7949px; width: 536.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 95.6699px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 112.129px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3 </span></span></span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;position:relative;height:181.083984375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 532.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest expenses on borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.681px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8887px; width: 294.586px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses arising from lease liabilities regarding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3887px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">right-of-use assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 268.523px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2637px; width: 288.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including loss from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7637px; width: 532.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6387px; width: 532.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Commitment fee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.596px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5137px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.389px; width: 532.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ineffectiveness on interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.264px; width: 532.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.723px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.473px; width: 531.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 247.617px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-61.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-49.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-46.6 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _245\"> </span>In<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span>est<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>fin<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>cia<span class=\"_ _31\"></span>l a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>t a<span class=\"_ _31\"></span>t f<span class=\"_ _31\"></span>ai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>alu<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>hr<span class=\"_ _31\"></span>oug<span class=\"_ _31\"></span>h p<span class=\"_ _31\"></span>rof<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>os<span class=\"_ _31\"></span>s.</span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;\">Financial expenses comprise interest expenses, financing costs of leases liabilities, realized and </span><span style=\"display:inherit;clear:left;\">unrealized exchange rate losses relating to transactions in currencies other than the functional </span><span style=\"display:inherit;clear:left;\">currency, realized losses from other equity investments and securities, unrealized losses from </span><span style=\"display:inherit;clear:left;\">securities, and other financial expenses including payments under interest rate hedge instruments. </span><span style=\"display:inherit;clear:left;\">Interest is recognized in accordance with the accrual basis of accounting considering the effective </span><span style=\"display:inherit;clear:left;\">interest rate.</span><span style=\"display:inherit;clear:left;\">NOTE 9 \u2013 INTANGIBLE ASSETS</span><span style=\"display:inherit;clear:left;position:relative;height:179.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 526.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GOODWILL</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 526.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 349.57px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 528.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.32px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.129px; width: 525.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 314.215px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.42px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.879px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 167.629px; width: 528.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span></span></span><span style=\"display:inherit;clear:left;\">The carrying amount of goodwill was allocated to the Marine Enginering cash-generating unit in 2022.</span><span style=\"display:inherit;clear:left;position:relative;height:280.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER INTANGIBLE ASSETS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 532.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.545px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.004px; width: 531.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.754px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.045px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.92px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.795px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.67px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.129px; width: 532.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.879px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.91px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 315.258px; top: 269.254px; width: 51.8672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 367.125px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.104px; top: 269.254px; width: 57.1699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.273px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 456.252px; top: 269.254px; width: 56.9004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 513.152px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.8</span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span><span style=\"display:inherit;clear:left;\">NOTE 10 \u2013 TANGIBLE FIXED ASSETS</span><span style=\"display:inherit;clear:left;position:relative;height:263.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 117.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LAND AND BUILDINGS</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.754px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.504px; width: 529.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 226.879px; width: 531.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.629px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:355.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 228.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VESSELS AND CAPITALIZED DRY-DOCKING</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,500.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,622.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,421.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">298.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">792.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">476.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-29.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 531.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred from prepayments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.885px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">197.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-221.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-90.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-283.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 134.629px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,551.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,500.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,622.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.379px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">536.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">543.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-29.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 532.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">186.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">143.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.295px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-91.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-41.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-119.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 243.754px; width: 531.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">748.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">536.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.504px; width: 62.6426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.795px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 302.67px; width: 531.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.129px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 343.879px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,792.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,826.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,070.2 </span></span></span><span style=\"display:inherit;clear:left;\">Included in the carrying amount for \u201cVessels and capitalized dry-docking\u201d are capitalized dry-docking </span><span style=\"display:inherit;clear:left;\">costs in the amount of USD 132.8m (2024: USD 108.2m, 2023: USD 75.1m).</span><span style=\"display:inherit;clear:left;\">Included in the carrying amount for \u201cVessels and capitalized dry-docking\u201d are vessels on time charter </span><span style=\"display:inherit;clear:left;\">leases (as lessor) in the amount of USD 242.1m (2024: USD 395.5m, 2023: USD 169.8m). Please refer </span><span style=\"display:inherit;clear:left;\">to Note 22 for expected redelivery of the vessels. </span><span style=\"display:inherit;clear:left;\">In 2025 TORM took delivery of 1 (2024: 19, 2023: 5) vessel in connection with partly share-based </span><span style=\"display:inherit;clear:left;\">transactions for a total purchase price of USD 34.0m (2024: USD 864.5m, 2023: USD 173.0m). The fair </span><span style=\"display:inherit;clear:left;\">value of the vessels is based on the market approach which considers the valuations from two </span><span style=\"display:inherit;clear:left;\">internationally acknowledged shipbrokers with appropriate qualifications and recent experience in the </span><span style=\"display:inherit;clear:left;\">valuation of vessels. The shipbrokers\u2019 primary input is deadweight tonnage, yard, and age of the vessel. </span><span style=\"display:inherit;clear:left;\">The fair value assumes that the vessels are in good and seaworthy condition and with prompt, charter-</span><span style=\"display:inherit;clear:left;\">free delivery.</span><span style=\"display:inherit;clear:left;position:relative;height:137.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 152.678px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">PREPAYMENTS ON VESSELS</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">111.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.291px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-197.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-40.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 531.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.629px; width: 532.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:330.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 234.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER PLANT AND OPERATING EQUIPMENT</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments to prior years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.045px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.74px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.504px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.254px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments to prior years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.295px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 261.045px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 277.92px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.74px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 294.379px; width: 531.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.129px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span></span><span style=\"display:inherit;clear:left;\">For information on assets provided as collateral security, please refer to Note 20. Please refer to Note </span><span style=\"display:inherit;clear:left;\">12 for information on impairment testing.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Vessels</span><span style=\"display:inherit;clear:left;\">Vessels consist of owned vessels and vessels financed via sale and leaseback transactions. Vessels  </span><span style=\"display:inherit;clear:left;\">are measured at cost less accumulated depreciation and accumulated impairment losses. Costs </span><span style=\"display:inherit;clear:left;\">comprise acquisition costs and costs directly related to the acquisition up until the time when the </span><span style=\"display:inherit;clear:left;\">asset is ready for use, including interest expenses incurred during the period of construction. In partly </span><span style=\"display:inherit;clear:left;\">share-based acquisitions, vessels are measured at fair value at the delivery date, where the purchase </span><span style=\"display:inherit;clear:left;\">price is compared to valuations from two internationally acknowledged shipbrokers with appropriate </span><span style=\"display:inherit;clear:left;\">qualifications and recent experience in the valuation of vessels and adjusted if a material difference is </span><span style=\"display:inherit;clear:left;\">identified. All major components of vessels (scrubbers, etc.) except for dry-docking costs are </span><span style=\"display:inherit;clear:left;\">depreciated on a straight-line basis to the estimated residual value over their estimated useful life. </span><span style=\"display:inherit;clear:left;\">Different drivers such as TORM\u2019s short and long-term climate targets, the revised IMO\u2019s Green House </span><span style=\"display:inherit;clear:left;\">Gas Strategy, and other new regulation and policies with increased focus on carbon reduction on both </span><span style=\"display:inherit;clear:left;\">short and long-term impact the determination of the estimated useful life. Considering the different </span><span style=\"display:inherit;clear:left;\">drivers, TORM estimates the useful life to be 25 years for newbuildings - in line with previous years and </span><span style=\"display:inherit;clear:left;\">with what is used by other shipowners with comparable tonnage. Depreciation is based on costs less </span><span style=\"display:inherit;clear:left;\">the estimated residual value. Residual value is estimated as the lightweight tonnage of each vessel </span><span style=\"display:inherit;clear:left;\">multiplied by the recycling prices per ton. TORM has completed phasing in green recycling prices in the </span><span style=\"display:inherit;clear:left;\">calculation of residual values by applying a weighted average of green recycling and conventional </span><span style=\"display:inherit;clear:left;\">recycling prices, while using a three-year average to limit volatility. The useful life and the residual </span><span style=\"display:inherit;clear:left;\">value of the vessels are reviewed at least at each financial year-end based on market conditions, </span><span style=\"display:inherit;clear:left;\">regulatory requirements, and TORM\u2019s business plans.</span><span style=\"display:inherit;clear:left;\">TORM also evaluates the carrying amounts to determine if events have occurred which indicate </span><span style=\"display:inherit;clear:left;\">impairment and would require a modification of the carrying amounts at the reporting date. </span><span style=\"display:inherit;clear:left;\">Prepayment on vessels is measured at costs incurred.</span><span style=\"display:inherit;clear:left;\">Dry-docking</span><span style=\"display:inherit;clear:left;\">Approximately every 24 and 60 months, depending on the nature of work and external requirements, </span><span style=\"display:inherit;clear:left;\">the vessels are required to undergo planned dry-dockings for replacement of certain components, </span><span style=\"display:inherit;clear:left;\">major repairs, and major maintenance of other components, which cannot be carried out while the </span><span style=\"display:inherit;clear:left;\">vessels are operating. These dry-docking costs are capitalized and depreciated on a straight-line basis </span><span style=\"display:inherit;clear:left;\">over the estimated period until the next dry-docking. The residual value of such components is </span><span style=\"display:inherit;clear:left;\">estimated at nil. The useful life of the dry-docking costs is reviewed at least at each financial year-end </span><span style=\"display:inherit;clear:left;\">based on market conditions, regulatory requirements, and TORM\u2019s business plans. A portion of the cost </span><span style=\"display:inherit;clear:left;\">of acquiring a new vessel is allocated to the components expected to be replaced or refurbished at the </span><span style=\"display:inherit;clear:left;\">next dry-docking. Depreciation thereof is carried over the period until the next dry-dockin<span class=\"_ _34\"></span>g. For </span><span style=\"display:inherit;clear:left;\">newbuildings, the initial dry-docking asset is estimated based on the expected costs related to the </span><span style=\"display:inherit;clear:left;\">first-coming dry-docking, which again is based on experience and history of similar vessels. For </span><span style=\"display:inherit;clear:left;\">second-hand vessels, a dry-docking asset is also segregated and capitalized separately, taking into </span><span style=\"display:inherit;clear:left;\">account the normal docking intervals of the vessels.</span><span style=\"display:inherit;clear:left;\">At subsequent dry-dockings, the costs comprise the actual costs incurred at the dry-docking yard. </span><span style=\"display:inherit;clear:left;\">Dry-docking costs may include the cost of hiring crews to carry out replacements and repairs, the cost </span><span style=\"display:inherit;clear:left;\">of parts and materials used, the cost of travel, lodging and supervision of Company personnel as well </span><span style=\"display:inherit;clear:left;\">as the cost of hiring third-party personnel to oversee a dry-docking. Dry-docking activities include, but </span><span style=\"display:inherit;clear:left;\">are not limited to, the inspection, service on turbocharger, replacement of shaft seals, service on boiler, </span><span style=\"display:inherit;clear:left;\">replacement of hull anodes, applying of anti-fouling and hull paint, steel repairs as well as </span><span style=\"display:inherit;clear:left;\">refurbishment and replacement of other parts of the vessel.</span><span style=\"display:inherit;clear:left;\">Prepayments on vessels</span><span style=\"display:inherit;clear:left;\">Prepayments consist of prepayments related to the purchase of second-hand vessels not yet delivered </span><span style=\"display:inherit;clear:left;\">and to newbuilding contracts for vessels not yet delivered which also include the share of borrowing </span><span style=\"display:inherit;clear:left;\">costs directly attributable to the acquisition of the underlying vessel. When a vessel is delivered, the </span><span style=\"display:inherit;clear:left;\">prepaid amount is reallocated to the financial statement line \u201cVessels and capitalized dry-docking\u201d.</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment consist of leaseholds regarding office </span><span style=\"display:inherit;clear:left;\">buildings, leasehold improvements, company cars, IT equipment, and software and is measured at </span><span style=\"display:inherit;clear:left;\">historical cost less accumulated depreciation and any impairment loss. Any subsequent cost is </span><span style=\"display:inherit;clear:left;\">included in the asset\u2019s carrying amount or recognized as a separate asset only when it is probable that </span><span style=\"display:inherit;clear:left;\">future economic benefits are associated with the item and the cost of the item can be measured </span><span style=\"display:inherit;clear:left;\">reliably. Depreciation is based on the straight-line method over the estimated useful life of the assets. </span><span style=\"display:inherit;clear:left;\">The current estimates are:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Land and buildings </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Office buildings: Over the shorter of the remaining leasing term and the estimated useful life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasehold improvements: Over the shorter of the remaining leasing term and the estimated useful </span><span style=\"display:inherit;clear:left;\">life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other plant and operating equipment:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Company cars: Over the lease term, typically 3 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IT equipment: 3\u20135 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3\u20135 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other equipment 3\u201315 years</span><span style=\"display:inherit;clear:left;\">The depreciation commences when the asset is available for use, i.e. when it is in the location and </span><span style=\"display:inherit;clear:left;\">condition necessary for it to be capable of operating in the manner intended by the Management. F<span class=\"_ _34\"></span>or a </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">right-of-use asset, depreciation commences at the commencement date of the lease.</span></span> </span><span style=\"display:inherit;clear:left;\">Assets held for sale</span><span style=\"display:inherit;clear:left;\">Assets are classified as held-for-sale if the carrying amount will be recovered principally through a </span><span style=\"display:inherit;clear:left;\">sales transaction rather than through continuing use. This condition is regarded as met only when the </span><span style=\"display:inherit;clear:left;\">asset is available for immediate sale in its present condition subject to terms which are usual and </span><span style=\"display:inherit;clear:left;\">customary for sales of such assets, and when its sale is highly probable. The Management must be </span><span style=\"display:inherit;clear:left;\">committed to the sale, which should be expected to qualify for recognition as a completed sale within </span><span style=\"display:inherit;clear:left;\">one year from the date of classification. </span><span style=\"display:inherit;clear:left;\">Assets held for sale mainly refer to vessels being sold and are measured at the lower of their previous </span><span style=\"display:inherit;clear:left;\">carrying amount and fair value less costs to sell. Gains are recognized on delivery to the new owners in </span><span style=\"display:inherit;clear:left;\">the income statement in the item \u201cProfit from sale of vessels\u201d. Anticipated losses are recognized at the </span><span style=\"display:inherit;clear:left;\">time when the asset is classified as held-for-sale in the item \u201cImpairment losses on tangible and </span><span style=\"display:inherit;clear:left;\">intangible assets\u201d.</span><span style=\"display:inherit;clear:left;\">NOTE 11 \u2013 LEASING</span><span style=\"display:inherit;clear:left;\">TORM leases office buildings, some vehicles, and other administrative equipment. Except for short-term </span><span style=\"display:inherit;clear:left;\">leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use </span><span style=\"display:inherit;clear:left;\">asset with a corresponding lease liability. The right-of-use assets are included in the financial </span><span style=\"display:inherit;clear:left;\">statement line item in which the corresponding underlying assets would be presented if they were </span><span style=\"display:inherit;clear:left;\">owned. Please refer to Note 10.</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM had recognized the following right-of-use assets:</span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.1914px; width: 33.9492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 530.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 530.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.066px; width: 172.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 183.795px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 199.941px; width: 144.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 200.67px; width: 144.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 216.816px; width: 52.9219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 217.545px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 233.691px; width: 136.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 234.42px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 504.844px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 473.656px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 531.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 531.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 530.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 258.697px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 464.172px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 503.312px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.734px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.359px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 401.984px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 528.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 528.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.217px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 528.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 528.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 528.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 528.779px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.547px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 528.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 528.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 164.168px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span></span></span><span style=\"display:inherit;clear:left;\">The table below describes the nature of the Group\u2019s leasing activities by type of right-of-use assets </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet as of 31 December 2025:</span><span style=\"display:inherit;clear:left;position:relative;height:153.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 525.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of right-of-use assets leased</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 525.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Range of remaining term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 3 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 525.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average remaining lease term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 525.188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with extension options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 525.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with options to purchase</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.27px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.17px; width: 193.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with termination options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.438px; top: 141.441px; width: 7.20117px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.703px; top: 142.17px; width: 6.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span></span></span><span style=\"display:inherit;clear:left;\">Lease liabilities regarding right-of-use assets are included on the balance sheet under \u201cBorrowings\u201d. </span><span style=\"display:inherit;clear:left;position:relative;height:167.666015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 290.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Maturity analysis - contractual undiscounted cash flow</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Less than one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.615px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One to five years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 227.906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total undiscounted lease liabilities as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 283.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilities included under \u201cBorrowings\u201d as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.105px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 252.457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.42px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span></span><span style=\"display:inherit;clear:left;\">Extension and termination options are included in several leases in order to optimize operational </span><span style=\"display:inherit;clear:left;\">flexibility in terms of managing contracts. The lease term determined by TORM is the non-cancellable </span><span style=\"display:inherit;clear:left;\">period of a lease, together with any extension/termination options if these are/are not reasonably </span><span style=\"display:inherit;clear:left;\">certain to be exercised. </span><span style=\"display:inherit;clear:left;\">Lease payments not recognized as a liability</span><span style=\"display:inherit;clear:left;\">TORM has elected not to recognize a lease liability for short-term leases (leases of an expected term of </span><span style=\"display:inherit;clear:left;\">12 months or less) or for leases of low-value assets. Payments made under such leases are expensed </span><span style=\"display:inherit;clear:left;\">on a straight-line basis. The expenses relating to payments not recognized as a lease liability are </span><span style=\"display:inherit;clear:left;\">insignificant.</span><span style=\"display:inherit;clear:left;\">Cash outflow for leases</span><span style=\"display:inherit;clear:left;\">The total cash outflow for leases amounts to USD 3.6m (2024: USD 3.6m, 2023: USD 3.2m.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfExpensesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__111": {
   "value": "<span style=\"display:inherit;clear:left;\">Income Statement</span><span style=\"display:inherit;clear:left;\">Port expenses, bunkers, and commissions and other costs of goods and services sold</span><span style=\"display:inherit;clear:left;\">Port expenses, bunker fuel consumption, commissions, and other costs of goods sold are recognized as </span><span style=\"display:inherit;clear:left;\">incurred. To the extent that the costs are recoverable, costs directly attributable to relocate the vessel </span><span style=\"display:inherit;clear:left;\">to the load port are capitalized and amortized over the course of the transportation period.</span><span style=\"display:inherit;clear:left;\">Gains and losses on forward bunker contracts, forward freight agreements (FFA) as well as write-down </span><span style=\"display:inherit;clear:left;\">for losses on trade receivables are included in this line.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFeeAndCommissionIncomeAndExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__113-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Port expenses, bunkers, and commissions and other costs of goods and services sold</span><span style=\"display:inherit;clear:left;\">Port expenses, bunker fuel consumption, commissions, and other costs of goods sold are recognized as </span><span style=\"display:inherit;clear:left;\">incurred. To the extent that the costs are recoverable, costs directly attributable to relocate the vessel </span><span style=\"display:inherit;clear:left;\">to the load port are capitalized and amortized over the course of the transportation period.</span><span style=\"display:inherit;clear:left;\">Gains and losses on forward bunker contracts, forward freight agreements (FFA) as well as write-down </span><span style=\"display:inherit;clear:left;\">for losses on trade receivables are included in this line.</span><span style=\"display:inherit;clear:left;\">Operating expenses</span><span style=\"display:inherit;clear:left;\">Operating expenses, which comprise crew expenses, repair and maintenance expenses, and tonnage </span><span style=\"display:inherit;clear:left;\">duty, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">Administrative expenses</span><span style=\"display:inherit;clear:left;\">Administrative expenses, which comprise administrative staff costs, management costs, office </span><span style=\"display:inherit;clear:left;\">expenses, and other expenses relating to administration, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">Other operating expenses and income</span><span style=\"display:inherit;clear:left;\">Other operating expenses primarily comprise management fees paid to commercial and technical </span><span style=\"display:inherit;clear:left;\">managers for managing the fleet, profits and losses deriving from the disposal of fixed assets other than </span><span style=\"display:inherit;clear:left;\">vessels as well as claims and disputes provisions.</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses and reversals of impairment losses</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses comprise depreciation of tangible fixed assets for the year as well </span><span style=\"display:inherit;clear:left;\">as the write-down of the value of assets by the amount by which the carrying amount of the asset </span><span style=\"display:inherit;clear:left;\">exceeds its recoverable amount. In the event of indication of impairment, the carrying amount is </span><span style=\"display:inherit;clear:left;\">assessed, and the value of the asset is written down to its recoverable amount equal to the higher of </span><span style=\"display:inherit;clear:left;\">value in use based on net present value of future earnings from the assets and its fair value less costs </span><span style=\"display:inherit;clear:left;\">to sell.</span><span style=\"display:inherit;clear:left;\">Subsequent reversal of impairment losses is recognized if the recoverable amount exceeds the carrying </span><span style=\"display:inherit;clear:left;\">amount to the extent that the carrying amount does not exceed the carrying amount without any </span><span style=\"display:inherit;clear:left;\">historical impairment losses.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__118-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Administrative expenses</span><span style=\"display:inherit;clear:left;\">Administrative expenses, which comprise administrative staff costs, management costs, office </span><span style=\"display:inherit;clear:left;\">expenses, and other expenses relating to administration, are expensed as incurred.</span><span style=\"display:inherit;clear:left;\">NOTE 5 \u2013 STAFF COSTS</span><span style=\"display:inherit;clear:left;\">Employee Information</span><span style=\"display:inherit;clear:left;\">Staff costs included in operating expenses relate to the 105 seafarers employed under Danish </span><span style=\"display:inherit;clear:left;\">contracts (2024: 109, 2023:105).</span><span style=\"display:inherit;clear:left;\">The average number of employees is calculated as a full-time equivalent (FTE).</span><span style=\"display:inherit;clear:left;\">The Executive Director is, in the event of termination by the Company, entitled to a severance payment </span><span style=\"display:inherit;clear:left;\">of up to 12 months' salary.</span><span style=\"display:inherit;clear:left;position:relative;height:282.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 471.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 87.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total staff costs</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 473.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 473.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.0039px; width: 180.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs comprise the following</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.295px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Wages and salaries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.17px; width: 473.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share-based compensation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.045px; width: 473.361px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 160.92px; width: 473.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other social security costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.103px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.795px; width: 473.508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other staff costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.254px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.129px; width: 219.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average number of permanent employees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seafarers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 210.181px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 254.295px; width: 473.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land-based</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">529 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.754px; width: 473.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">634</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">607</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">573</span><span style=\"display: inline-block;\"> </span></span></span><span style=\"display:inherit;clear:left;\">At the end of 2025 TORM has a pool of 3,804 (2024: 3,677, 2023: 3,271) seafarers.</span><span style=\"display:inherit;clear:left;\">The majority of seafarers on vessels are on short-term contracts. The average number of seafarers on </span><span style=\"display:inherit;clear:left;\">board vessels on short-term contracts in 2025 was 1,753 (2024: 1,721, 2023: 1,625).</span><span style=\"display:inherit;clear:left;\">Total seafarers\u2019 costs in 2025 were USD148.7m (2024: USD 141.4m, 2023: USD 127.1m), which is </span><span style=\"display:inherit;clear:left;\">included in \u201cOperating expenses\u201d of which USD138.8m (2024: USD 131.8m, 2023: USD 118.5m) </span><span style=\"display:inherit;clear:left;\">pertains to cost for seafarers on board vessels on short term contracts and USD 9.9m (2024: USD </span><span style=\"display:inherit;clear:left;\">9.6m, 2023: USD 8.6m) pertains to cost for seafarers employed under the Danish contract as indicated </span><span style=\"display:inherit;clear:left;\">in the staff costs table above. </span><span style=\"display:inherit;clear:left;position:relative;height:126px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 303.99px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 304.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Executive Board and Committee remuneration, short </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.0039px; width: 24.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">term</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Christopher H. Boehringer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.391px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">212 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">David N. Weinstein</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.318px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.0449px; width: 531.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">G\u00f6ran Trapp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.9199px; width: 532.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Annette Malm Justad</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.756px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">755 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">761 </span></span></span><span style=\"display:inherit;clear:left;\">Executive Management</span><span style=\"display:inherit;clear:left;position:relative;height:187.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 341.891px; top: 0.0039062px; width: 35.9062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">An</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 415.125px; top: 0.0039062px; width: 34.5762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sh</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 262.781px; top: 13.5039px; width: 44.0684px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 13.5039px; width: 65.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ma</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.812px; top: 13.5039px; width: 34.0488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ba</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.3789px; width: 230.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 260.406px; top: 27.0039px; width: 43.7754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 344.812px; top: 27.0039px; width: 31.7285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 118.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ym</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.2949px; width: 122.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Executive Management </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 68.7188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remuneration</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2539px; width: 90.9727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Jacob Meldgaard</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5039px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,119 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,277 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,436 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.379px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,383 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,460 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.254px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,141 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,414 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.129px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,530 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,606 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.004px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,393 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,668 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.879px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">80 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,574 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,654 </span></span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Pa<span class=\"_ _31\"></span>id <span class=\"_ _31\"></span>by<span class=\"_ _31\"></span> le<span class=\"_ _31\"></span>gal<span class=\"_ _31\"></span> en<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>ty <span class=\"_ _31\"></span>as <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Senior Management Team</span><span style=\"display:inherit;clear:left;\">The aggregated compensation expensed by the Group to the three (2024: three, 2023: three) other </span><span style=\"display:inherit;clear:left;\">members of the Senior Management Team in 2025 (excluding CEO Jacob Meldgaard) was  USD 10.5m </span><span style=\"display:inherit;clear:left;\">(2024: USD 9.5m, 2023: USD 7.5m), which includes an aggregate of USD 0.2m (2024: USD 0.1m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.1m) allocated for pensions (defined contribution plans) and share-based payment of USD 8.2m<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">(2023: USD 7.5m, 2022: USD 6.0m) for these individuals. </span><span style=\"display:inherit;clear:left;position:relative;height:108.509765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 364.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LTIP element of CEO Jacob Meldgaard's remuneration package </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 177.422px; top: 15.8477px; width: 345.082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.0977px; width: 521.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Grant Date</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.863px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">07-Mar-24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">06-Mar-25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23-Sep-25</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.0137px; width: 521.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU LTIP grant\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0292px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">300,000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">500,000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.8887px; width: 522.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price per share</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 220.60</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 258.40</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 162.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7637px; width: 137.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU grant value assuming </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.2637px; width: 521.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100% vesting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 2.5m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 10.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 1.9m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 9.1m</span></span></span><span style=\"display:inherit;clear:left;\">TORM operates an equity-settled, share-based compensation plan. The fair value of the employee </span><span style=\"display:inherit;clear:left;\">services received in exchange for the grant of shares is recognized as an expense and allocated over </span><span style=\"display:inherit;clear:left;\">the vesting period. Employment in TORM throughout the period is in most cases a prerequisite for </span><span style=\"display:inherit;clear:left;\">upholding the full vesting rights in the RSU program. For voluntary leavers subject to the Danish Stock </span><span style=\"display:inherit;clear:left;\">Options Act, the RSUs will vest in accordance with the vesting schedule, but for all other leavers, all </span><span style=\"display:inherit;clear:left;\">unvested RSUs shall be immediately forfeited for no consideration. Options are granted under the plan </span><span style=\"display:inherit;clear:left;\">for no consideration and carry no dividend or voting rights.</span><span style=\"display:inherit;clear:left;\">In accordance with its Remuneration Policy, TORM has granted the CEO a number of Restricted Share </span><span style=\"display:inherit;clear:left;\">Units (RSUs). There are no performance conditions associated with this grant of RSUs.</span><span style=\"display:inherit;clear:left;\">Refer to Long-Term Incentive Program \u2013 restricted share units granted to the Executive Director in the </span><span style=\"display:inherit;clear:left;\">remuneration report for further information. RSUs granted to the CEO vest in equal installments over </span><span style=\"display:inherit;clear:left;\">three years.</span><span style=\"display:inherit;clear:left;\">Vested RSUs may be exercised for a period of 360 days from each vesting date. Details of the CEO\u2019s </span><span style=\"display:inherit;clear:left;\">awards and interests in Restricted Share Units are set out in the remuneration report.</span><span style=\"display:inherit;clear:left;\">The single figure remuneration table for the CEO does not include any amounts in relation to the RSU </span><span style=\"display:inherit;clear:left;\">awards as there are no performance conditions associated with this grant of RSUs. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 29 March 2023, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next three years. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 01 January 2024. The exercise price for each RSU is <span class=\"fs1\">DKK 220.6</span>, corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2022 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium adjusted for the dividend payment related to TORM\u2019s fourth quarter 2022 </span><span style=\"display:inherit;clear:left;\">results. Vested RSUs may be exercised for a period of  360 days from each vesting date. In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the CEO is granted a total of <span class=\"fs1\">300,000</span> RSUs in the Additional Retention </span><span style=\"display:inherit;clear:left;\">Program on similar terms as outlined above, with the exception that the strike price for these RSUs is </span><span style=\"display:inherit;clear:left;\">set to <span class=\"fs1\">one</span> US cent and that all RSUs will vest on 01 March 2026. As stated in Company Announcement </span><span style=\"display:inherit;clear:left;\">No. 21, the Board of Directors has resolved to accelerate the vesting date to 07 November 2025. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 7 March 2024, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years.</span> The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2025. The exercise price for each RSU is <span class=\"fs1\">DKK 258.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2023 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.</span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 2 issued on 6 March 2025, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years</span>. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2026. The exercise price for each RSU is <span class=\"fs1\">DKK 162.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2024 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.  In addition to the RSUs granted above, as detailed in announcement no. 21 issued on 23 </span><span style=\"display:inherit;clear:left;\">September 2025, the CEO is granted a total of <span class=\"fs1\">500,000</span> RSUs in the Additional Retention Program on </span><span style=\"display:inherit;clear:left;\">similar terms as outlined above, with the exception that the strike price for these RSUs is set to <span class=\"fs1\">one</span> US </span><span style=\"display:inherit;clear:left;\">cent and that all RSUs will vest on 1 October 2028.</span><span style=\"display:inherit;clear:left;\">Long-term employee benefit obligations</span><span style=\"display:inherit;clear:left;\">The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units </span><span style=\"display:inherit;clear:left;\">in TORM plc at a determinable price to the entity's key personnel, including the CEO. The RSUs granted </span><span style=\"display:inherit;clear:left;\">entitle the holder to acquire one TORM A-share.</span><span style=\"display:inherit;clear:left;\">The program comprises the following number of shares in TORM plc:</span><span style=\"display:inherit;clear:left;position:relative;height:128.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 523.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares (1,000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 24.4414px; width: 163.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 01 January</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 25.1699px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,424.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.3164px; width: 146.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the period\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 42.0449px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,597.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,506.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,136.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.1914px; width: 149.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 58.9199px; width: 217.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,263.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,345.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,137.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0664px; width: 190.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expired/forfeited during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 75.7949px; width: 216.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-934.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-122.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2539px; width: 528.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,856.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.004px; width: 523.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 205.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>ddi<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>1,1<span class=\"_ _31\"></span>58,<span class=\"_ _31\"></span>93<span class=\"_ _31\"></span>8<span class=\"fc9\"> </span>(<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>6,2<span class=\"_ _31\"></span>59<span class=\"_ _31\"></span>, 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>: <span class=\"_ _31\"></span>0) <span class=\"_ _31\"></span>RS<span class=\"_ _31\"></span>Us <span class=\"_ _31\"></span>gra<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> ad<span class=\"_ _31\"></span>jus<span class=\"_ _31\"></span>t <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>imp<span class=\"_ _31\"></span>act<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>ivi<span class=\"_ _31\"></span>den<span class=\"_ _31\"></span>ds<span class=\"_ _31\"></span> on<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e </span><span style=\"display:inherit;clear:left;\">sh<span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> pr<span class=\"_ _31\"></span>ic<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>n a<span class=\"_ _31\"></span>cco<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span>anc<span class=\"_ _31\"></span>e w<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span>h t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ori<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>nal<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>s o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>ant<span class=\"_ _31\"></span>. N<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>mod<span class=\"_ _31\"></span>ifi<span class=\"_ _31\"></span>cat<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ns <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> RS<span class=\"_ _31\"></span>U </span><span style=\"display:inherit;clear:left;\">pr<span class=\"_ _31\"></span>ogr<span class=\"_ _31\"></span>am <span class=\"_ _31\"></span>ha<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>occ<span class=\"_ _31\"></span>urr<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">In 2023, the Board of Directors agreed to grant a total of 1,248,153 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 220.6. </span><span style=\"display:inherit;clear:left;\">The exercise period is 360 days from each vesting date. The fair value of the options granted in 2023 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 10.8m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2023 was 1.5 years and as of 31 December </span><span style=\"display:inherit;clear:left;\">2024 was 1 year and as of 31 December 2025 was 0.0 year. In addition to the RSUs granted above, the </span><span style=\"display:inherit;clear:left;\">other management is granted a total of 1,333,222 RSUs in the Additional Retention Program on similar </span><span style=\"display:inherit;clear:left;\">terms as outlined above, with the exception that the strike price for these RSUs is set to one US cent </span><span style=\"display:inherit;clear:left;\">and that all RSUs will vest on 1 March 2026. As stated in Company Announcement No. 21, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has resolved to accelerate the vesting date to 07 November 2025. The fair value of the </span><span style=\"display:inherit;clear:left;\">options in the Additional Retention Program granted in 2023 was determined using the Black-Scholes </span><span style=\"display:inherit;clear:left;\">model and amounts to <span class=\"fs1\">USD 40.4m</span>.</span><span style=\"display:inherit;clear:left;\">In 2024, the Board of Directors agreed to grant a total of 1,214,986 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 258.4. </span><span style=\"display:inherit;clear:left;\">The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted in 2024 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 8.1m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2024 was  <span class=\"fs1\">1.5 years</span> and as of 31 </span><span style=\"display:inherit;clear:left;\">December 2025 was <span class=\"fs1\">1 year</span>.</span><span style=\"display:inherit;clear:left;\">In 2025, the Board of Directors agreed to grant a total of 1,326,087 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is  <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK </span><span style=\"display:inherit;clear:left;\">162.38. The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted </span><span style=\"display:inherit;clear:left;\">in 2025 was determined using the Black-Scholes model and amounts to USD 3.3m. The average </span><span style=\"display:inherit;clear:left;\">remaining contractual life for the restricted shares as of 31 December 2025 is 1.5 years.  In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the other management is granted a total of 1,293,434 RSUs in the Additional </span><span style=\"display:inherit;clear:left;\">Retention Program on similar terms as outlined above, with the exception that the strike price for these </span><span style=\"display:inherit;clear:left;\">RSUs is set to one US cent and that all RSUs will vest on 1 October 2028. The fair value of the options </span><span style=\"display:inherit;clear:left;\">in the Additional Retention Program granted in <span class=\"fs1\">2025</span> was determined using the Black-Scholes model </span><span style=\"display:inherit;clear:left;\">and amounts to USD 18.7m.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span><span style=\"display:inherit;clear:left;\">NOTE 6 \u2013 REMUNERATION TO AUDITORS APPOINTED AT THE PARENT COMPAN<span class=\"_ _34\"></span>Y\u2019S ANNUAL </span><span style=\"display:inherit;clear:left;\">GENERAL MEETING</span><span style=\"display:inherit;clear:left;\">The remuneration of the auditor is required to be presented as follows:</span><span style=\"display:inherit;clear:left;position:relative;height:192.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 53.9121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit fees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 303.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fees payable to the Company's auditor for the audit of the </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Company's annual accounts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.893px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit of the Company's subsidiaries pursuant to legislation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.9824px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.6289px; width: 531.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total audit fees</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.02px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 105.379px; width: 78.5156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-audit fees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.67px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit-related services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.978px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Others</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.004px; width: 531.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total non-audit fees</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.955px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.754px; width: 531.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span></span><span style=\"display:inherit;clear:left;\">Under SEC regulations, the remuneration of the auditor of USD 2.0m (2024: USD 2.3m, 2023: USD 1.5m) </span><span style=\"display:inherit;clear:left;\">is required to be presented as follows: Audit fees USD 1.6m (2024: USD 1.8m, 2023: USD 1.4m), audit-</span><span style=\"display:inherit;clear:left;\">related fees USD 0.4m (2024: USD 0.5m, 2023: USD 0.1m), tax fees USD 0.0m (2024: USD 0.0m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.0m), and all other fees USD 0.0m (2024: USD 0.0m, 2023: USD 0.0m.).</span><span style=\"display:inherit;clear:left;\">TORM's Audit Committee pre-approves all audit, audit-related and non-audit services not prohibited by </span><span style=\"display:inherit;clear:left;\">law to be performed by our independent auditors and associated fees prior to the engagement of the </span><span style=\"display:inherit;clear:left;\">independent auditor with respect to such services.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__121-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Other operating expenses and income</span><span style=\"display:inherit;clear:left;\">Other operating expenses primarily comprise management fees paid to commercial and technical </span><span style=\"display:inherit;clear:left;\">managers for managing the fleet, profits and losses deriving from the disposal of fixed assets other than </span><span style=\"display:inherit;clear:left;\">vessels as well as claims and disputes provisions.</span><span style=\"display:inherit;clear:left;\">NOTE 3 \u2013 SEGMENT</span><span style=\"display:inherit;clear:left;\">Segment Reporting - Consolidated Income Statement</span><span style=\"display:inherit;clear:left;position:relative;height:307.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 963.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.307px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.223px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 368.953px; top: 16.5039px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 442.109px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 640.844px; top: 16.5195px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 712.266px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 911.172px; top: 16.5195px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 984.844px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 294.406px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 340.25px; top: 30.0039px; width: 65.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.469px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.453px; top: 30.0195px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 696.281px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 837.641px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 882.781px; top: 30.0195px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 966.812px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.672px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 357.672px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.297px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 556.859px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.484px; top: 43.5195px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.297px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 827.031px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 900.812px; top: 43.5195px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 955.281px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7949px; width: 1080.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,314.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.0312px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,544.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,491.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6699px; width: 1081.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Port expenses, bunkers, and commissions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.5897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-404.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-404.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-409.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-409.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-407.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-407.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5449px; width: 1080.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost of goods and services sold</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-24.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-18.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-36.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-22.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.42px; width: 1081.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 195.808px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-253.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-252.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-245.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-245.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-216.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-216.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.295px; width: 1080.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit from sale of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.57px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 145.17px; width: 1080.8px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-106.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-113.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-87.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-95.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-76.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-82.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 162.045px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income and expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 178.92px; width: 1081.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortization</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-213.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-214.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-191.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-192.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-148.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-149.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 195.379px; width: 1080.97px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating profit (EBIT)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.904px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">354.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">356.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">658.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">699.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.545px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 1081.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.164px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-73.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-60.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-60.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.879px; width: 1080.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">293.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">611.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">609.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">652.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">652.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.045px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 293.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 295.504px; width: 1081.12px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net profit for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">284.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">611.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.0</span></span></span><span style=\"display:inherit;clear:left;\">The eliminations above represent revenue and other costs of goods and services sold from the </span><span style=\"display:inherit;clear:left;\">installation of scrubbers and related services performed by the Marine Engineering entities on tanker </span><span style=\"display:inherit;clear:left;\">vessels within the Tanker segment. All revenue from the Tanker segment is derived from external </span><span style=\"display:inherit;clear:left;\">customers.</span><span style=\"display:inherit;clear:left;position:relative;height:79.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 183.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Geographical allocation of revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 522.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">UK</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 339.205px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">88.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">88.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 523.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">All other countries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,270.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,470.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,432.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 522.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 308.9px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4</span></span></span><span style=\"display:inherit;clear:left;\">Below is presented the countries contributing more than 10% of TORM's revenue. </span><span style=\"display:inherit;clear:left;position:relative;height:79.166015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 208.641px; top: 0.0039062px; width: 271.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.9355px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.6446px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 3.37891px; width: 151.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Countries contributing more </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 153.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">than 10% of TORM's revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 184.688px; top: 16.8789px; width: 341.279px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.9824px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 8.66018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 525.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Switzerland</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">205.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">264.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">17.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">242.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">16.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 525.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United States</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.041px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">199.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14.9 %</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">243.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">182.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 525.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span></span><span style=\"display:inherit;clear:left;\">Revenue is allocated to countries based on the customer\u2019s ultimate parent domicile.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__119-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Other operating expenses and income</span><span style=\"display:inherit;clear:left;\">Other operating expenses primarily comprise management fees paid to commercial and technical </span><span style=\"display:inherit;clear:left;\">managers for managing the fleet, profits and losses deriving from the disposal of fixed assets other than </span><span style=\"display:inherit;clear:left;\">vessels as well as claims and disputes provisions.</span><span style=\"display:inherit;clear:left;\">NOTE 3 \u2013 SEGMENT</span><span style=\"display:inherit;clear:left;\">Segment Reporting - Consolidated Income Statement</span><span style=\"display:inherit;clear:left;position:relative;height:307.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 963.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.307px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.223px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 368.953px; top: 16.5039px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 442.109px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 640.844px; top: 16.5195px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 712.266px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 911.172px; top: 16.5195px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 984.844px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 294.406px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 340.25px; top: 30.0039px; width: 65.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.469px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.453px; top: 30.0195px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 696.281px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 837.641px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 882.781px; top: 30.0195px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 966.812px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.672px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 357.672px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.297px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 556.859px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.484px; top: 43.5195px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.297px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 827.031px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 900.812px; top: 43.5195px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 955.281px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7949px; width: 1080.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,314.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.0312px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,544.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,491.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6699px; width: 1081.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Port expenses, bunkers, and commissions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.5897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-404.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-404.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-409.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-409.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-407.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-407.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5449px; width: 1080.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost of goods and services sold</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-24.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-18.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-36.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-22.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.42px; width: 1081.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 195.808px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-253.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-252.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-245.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-245.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-216.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-216.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.295px; width: 1080.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit from sale of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.57px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 145.17px; width: 1080.8px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-106.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-113.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-87.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-95.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-76.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-82.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 162.045px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income and expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 178.92px; width: 1081.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortization</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-213.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-214.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-191.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-192.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-148.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-149.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 195.379px; width: 1080.97px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating profit (EBIT)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.904px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">354.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">356.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">658.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">699.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.545px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 1081.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.164px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-73.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-60.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-60.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.879px; width: 1080.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">293.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">611.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">609.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">652.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">652.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.045px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 293.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 295.504px; width: 1081.12px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net profit for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">284.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">611.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.0</span></span></span><span style=\"display:inherit;clear:left;\">The eliminations above represent revenue and other costs of goods and services sold from the </span><span style=\"display:inherit;clear:left;\">installation of scrubbers and related services performed by the Marine Engineering entities on tanker </span><span style=\"display:inherit;clear:left;\">vessels within the Tanker segment. All revenue from the Tanker segment is derived from external </span><span style=\"display:inherit;clear:left;\">customers.</span><span style=\"display:inherit;clear:left;position:relative;height:79.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 183.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Geographical allocation of revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 522.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">UK</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 339.205px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">88.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">88.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 523.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">All other countries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,270.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,470.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,432.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 522.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 308.9px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4</span></span></span><span style=\"display:inherit;clear:left;\">Below is presented the countries contributing more than 10% of TORM's revenue. </span><span style=\"display:inherit;clear:left;position:relative;height:79.166015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 208.641px; top: 0.0039062px; width: 271.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.9355px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.6446px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 3.37891px; width: 151.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Countries contributing more </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 153.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">than 10% of TORM's revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 184.688px; top: 16.8789px; width: 341.279px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.9824px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 8.66018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 525.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Switzerland</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">205.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">264.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">17.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">242.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">16.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 525.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United States</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.041px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">199.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14.9 %</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">243.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">182.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 525.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span></span><span style=\"display:inherit;clear:left;\">Revenue is allocated to countries based on the customer\u2019s ultimate parent domicile.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__126-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Depreciation and impairment losses and reversals of impairment losses</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses comprise depreciation of tangible fixed assets for the year as well </span><span style=\"display:inherit;clear:left;\">as the write-down of the value of assets by the amount by which the carrying amount of the asset </span><span style=\"display:inherit;clear:left;\">exceeds its recoverable amount. In the event of indication of impairment, the carrying amount is </span><span style=\"display:inherit;clear:left;\">assessed, and the value of the asset is written down to its recoverable amount equal to the higher of </span><span style=\"display:inherit;clear:left;\">value in use based on net present value of future earnings from the assets and its fair value less costs </span><span style=\"display:inherit;clear:left;\">to sell.</span><span style=\"display:inherit;clear:left;\">Subsequent reversal of impairment losses is recognized if the recoverable amount exceeds the carrying </span><span style=\"display:inherit;clear:left;\">amount to the extent that the carrying amount does not exceed the carrying amount without any </span><span style=\"display:inherit;clear:left;\">historical impairment losses.</span><span style=\"display:inherit;clear:left;\">Vessels</span><span style=\"display:inherit;clear:left;\">Vessels consist of owned vessels and vessels financed via sale and leaseback transactions. Vessels  </span><span style=\"display:inherit;clear:left;\">are measured at cost less accumulated depreciation and accumulated impairment losses. Costs </span><span style=\"display:inherit;clear:left;\">comprise acquisition costs and costs directly related to the acquisition up until the time when the </span><span style=\"display:inherit;clear:left;\">asset is ready for use, including interest expenses incurred during the period of construction. In partly </span><span style=\"display:inherit;clear:left;\">share-based acquisitions, vessels are measured at fair value at the delivery date, where the purchase </span><span style=\"display:inherit;clear:left;\">price is compared to valuations from two internationally acknowledged shipbrokers with appropriate </span><span style=\"display:inherit;clear:left;\">qualifications and recent experience in the valuation of vessels and adjusted if a material difference is </span><span style=\"display:inherit;clear:left;\">identified. All major components of vessels (scrubbers, etc.) except for dry-docking costs are </span><span style=\"display:inherit;clear:left;\">depreciated on a straight-line basis to the estimated residual value over their estimated useful life. </span><span style=\"display:inherit;clear:left;\">Different drivers such as TORM\u2019s short and long-term climate targets, the revised IMO\u2019s Green House </span><span style=\"display:inherit;clear:left;\">Gas Strategy, and other new regulation and policies with increased focus on carbon reduction on both </span><span style=\"display:inherit;clear:left;\">short and long-term impact the determination of the estimated useful life. Considering the different </span><span style=\"display:inherit;clear:left;\">drivers, TORM estimates the useful life to be 25 years for newbuildings - in line with previous years and </span><span style=\"display:inherit;clear:left;\">with what is used by other shipowners with comparable tonnage. Depreciation is based on costs less </span><span style=\"display:inherit;clear:left;\">the estimated residual value. Residual value is estimated as the lightweight tonnage of each vessel </span><span style=\"display:inherit;clear:left;\">multiplied by the recycling prices per ton. TORM has completed phasing in green recycling prices in the </span><span style=\"display:inherit;clear:left;\">calculation of residual values by applying a weighted average of green recycling and conventional </span><span style=\"display:inherit;clear:left;\">recycling prices, while using a three-year average to limit volatility. The useful life and the residual </span><span style=\"display:inherit;clear:left;\">value of the vessels are reviewed at least at each financial year-end based on market conditions, </span><span style=\"display:inherit;clear:left;\">regulatory requirements, and TORM\u2019s business plans.</span><span style=\"display:inherit;clear:left;\">TORM also evaluates the carrying amounts to determine if events have occurred which indicate </span><span style=\"display:inherit;clear:left;\">impairment and would require a modification of the carrying amounts at the reporting date. </span><span style=\"display:inherit;clear:left;\">Prepayment on vessels is measured at costs incurred.</span><span style=\"display:inherit;clear:left;\">Dry-docking</span><span style=\"display:inherit;clear:left;\">Approximately every 24 and 60 months, depending on the nature of work and external requirements, </span><span style=\"display:inherit;clear:left;\">the vessels are required to undergo planned dry-dockings for replacement of certain components, </span><span style=\"display:inherit;clear:left;\">major repairs, and major maintenance of other components, which cannot be carried out while the </span><span style=\"display:inherit;clear:left;\">vessels are operating. These dry-docking costs are capitalized and depreciated on a straight-line basis </span><span style=\"display:inherit;clear:left;\">over the estimated period until the next dry-docking. The residual value of such components is </span><span style=\"display:inherit;clear:left;\">estimated at nil. The useful life of the dry-docking costs is reviewed at least at each financial year-end </span><span style=\"display:inherit;clear:left;\">based on market conditions, regulatory requirements, and TORM\u2019s business plans. A portion of the cost </span><span style=\"display:inherit;clear:left;\">of acquiring a new vessel is allocated to the components expected to be replaced or refurbished at the </span><span style=\"display:inherit;clear:left;\">next dry-docking. Depreciation thereof is carried over the period until the next dry-dockin<span class=\"_ _34\"></span>g. For </span><span style=\"display:inherit;clear:left;\">newbuildings, the initial dry-docking asset is estimated based on the expected costs related to the </span><span style=\"display:inherit;clear:left;\">first-coming dry-docking, which again is based on experience and history of similar vessels. For </span><span style=\"display:inherit;clear:left;\">second-hand vessels, a dry-docking asset is also segregated and capitalized separately, taking into </span><span style=\"display:inherit;clear:left;\">account the normal docking intervals of the vessels.</span><span style=\"display:inherit;clear:left;\">At subsequent dry-dockings, the costs comprise the actual costs incurred at the dry-docking yard. </span><span style=\"display:inherit;clear:left;\">Dry-docking costs may include the cost of hiring crews to carry out replacements and repairs, the cost </span><span style=\"display:inherit;clear:left;\">of parts and materials used, the cost of travel, lodging and supervision of Company personnel as well </span><span style=\"display:inherit;clear:left;\">as the cost of hiring third-party personnel to oversee a dry-docking. Dry-docking activities include, but </span><span style=\"display:inherit;clear:left;\">are not limited to, the inspection, service on turbocharger, replacement of shaft seals, service on boiler, </span><span style=\"display:inherit;clear:left;\">replacement of hull anodes, applying of anti-fouling and hull paint, steel repairs as well as </span><span style=\"display:inherit;clear:left;\">refurbishment and replacement of other parts of the vessel.</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment consist of leaseholds regarding office </span><span style=\"display:inherit;clear:left;\">buildings, leasehold improvements, company cars, IT equipment, and software and is measured at </span><span style=\"display:inherit;clear:left;\">historical cost less accumulated depreciation and any impairment loss. Any subsequent cost is </span><span style=\"display:inherit;clear:left;\">included in the asset\u2019s carrying amount or recognized as a separate asset only when it is probable that </span><span style=\"display:inherit;clear:left;\">future economic benefits are associated with the item and the cost of the item can be measured </span><span style=\"display:inherit;clear:left;\">reliably. Depreciation is based on the straight-line method over the estimated useful life of the assets. </span><span style=\"display:inherit;clear:left;\">The current estimates are:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Land and buildings </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Office buildings: Over the shorter of the remaining leasing term and the estimated useful life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasehold improvements: Over the shorter of the remaining leasing term and the estimated useful </span><span style=\"display:inherit;clear:left;\">life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other plant and operating equipment:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Company cars: Over the lease term, typically 3 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IT equipment: 3\u20135 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3\u20135 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other equipment 3\u201315 years</span><span style=\"display:inherit;clear:left;\">The depreciation commences when the asset is available for use, i.e. when it is in the location and </span><span style=\"display:inherit;clear:left;\">condition necessary for it to be capable of operating in the manner intended by the Management. F<span class=\"_ _34\"></span>or a </span><span style=\"display:inherit;clear:left;\">right-of-use asset, depreciation commences at the commencement date of the lease.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__125-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Depreciation and impairment losses and reversals of impairment losses</span><span style=\"display:inherit;clear:left;\">Depreciation and impairment losses comprise depreciation of tangible fixed assets for the year as well </span><span style=\"display:inherit;clear:left;\">as the write-down of the value of assets by the amount by which the carrying amount of the asset </span><span style=\"display:inherit;clear:left;\">exceeds its recoverable amount. In the event of indication of impairment, the carrying amount is </span><span style=\"display:inherit;clear:left;\">assessed, and the value of the asset is written down to its recoverable amount equal to the higher of </span><span style=\"display:inherit;clear:left;\">value in use based on net present value of future earnings from the assets and its fair value less costs </span><span style=\"display:inherit;clear:left;\">to sell.</span><span style=\"display:inherit;clear:left;\">Subsequent reversal of impairment losses is recognized if the recoverable amount exceeds the carrying </span><span style=\"display:inherit;clear:left;\">amount to the extent that the carrying amount does not exceed the carrying amount without any </span><span style=\"display:inherit;clear:left;\">historical impairment losses.</span><span style=\"display:inherit;clear:left;\">NOTE 9 \u2013 INTANGIBLE ASSETS</span><span style=\"display:inherit;clear:left;position:relative;height:179.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 526.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GOODWILL</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 526.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 349.57px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 528.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.32px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.129px; width: 525.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 314.215px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.42px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.879px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 167.629px; width: 528.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span></span></span><span style=\"display:inherit;clear:left;\">The carrying amount of goodwill was allocated to the Marine Enginering cash-generating unit in 2022.</span><span style=\"display:inherit;clear:left;position:relative;height:280.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER INTANGIBLE ASSETS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 532.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.545px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.004px; width: 531.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.754px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.045px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.92px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.795px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.67px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.129px; width: 532.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.879px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.91px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 315.258px; top: 269.254px; width: 51.8672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 367.125px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.104px; top: 269.254px; width: 57.1699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.273px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 456.252px; top: 269.254px; width: 56.9004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 513.152px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.8</span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span><span style=\"display:inherit;clear:left;\">NOTE 10 \u2013 TANGIBLE FIXED ASSETS</span><span style=\"display:inherit;clear:left;position:relative;height:263.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 117.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LAND AND BUILDINGS</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.754px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.504px; width: 529.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 226.879px; width: 531.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.629px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:355.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 228.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VESSELS AND CAPITALIZED DRY-DOCKING</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,500.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,622.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,421.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">298.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">792.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">476.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-29.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 531.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred from prepayments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.885px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">197.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-221.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-90.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-283.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 134.629px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,551.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,500.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,622.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.379px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">536.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">543.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-29.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 532.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">186.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">143.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.295px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-91.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-41.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-119.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 243.754px; width: 531.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">748.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">536.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.504px; width: 62.6426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.795px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 302.67px; width: 531.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.129px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 343.879px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,792.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,826.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,070.2 </span></span></span><span style=\"display:inherit;clear:left;\">Included in the carrying amount for \u201cVessels and capitalized dry-docking\u201d are capitalized dry-docking </span><span style=\"display:inherit;clear:left;\">costs in the amount of USD 132.8m (2024: USD 108.2m, 2023: USD 75.1m).</span><span style=\"display:inherit;clear:left;\">Included in the carrying amount for \u201cVessels and capitalized dry-docking\u201d are vessels on time charter </span><span style=\"display:inherit;clear:left;\">leases (as lessor) in the amount of USD 242.1m (2024: USD 395.5m, 2023: USD 169.8m). Please refer </span><span style=\"display:inherit;clear:left;\">to Note 22 for expected redelivery of the vessels. </span><span style=\"display:inherit;clear:left;\">In 2025 TORM took delivery of 1 (2024: 19, 2023: 5) vessel in connection with partly share-based </span><span style=\"display:inherit;clear:left;\">transactions for a total purchase price of USD 34.0m (2024: USD 864.5m, 2023: USD 173.0m). The fair </span><span style=\"display:inherit;clear:left;\">value of the vessels is based on the market approach which considers the valuations from two </span><span style=\"display:inherit;clear:left;\">internationally acknowledged shipbrokers with appropriate qualifications and recent experience in the </span><span style=\"display:inherit;clear:left;\">valuation of vessels. The shipbrokers\u2019 primary input is deadweight tonnage, yard, and age of the vessel. </span><span style=\"display:inherit;clear:left;\">The fair value assumes that the vessels are in good and seaworthy condition and with prompt, charter-</span><span style=\"display:inherit;clear:left;\">free delivery.</span><span style=\"display:inherit;clear:left;position:relative;height:137.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 152.678px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">PREPAYMENTS ON VESSELS</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">111.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.291px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-197.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-40.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 531.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.629px; width: 532.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:330.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 234.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER PLANT AND OPERATING EQUIPMENT</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments to prior years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.045px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.74px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.504px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.254px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments to prior years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.295px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 261.045px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 277.92px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.74px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 294.379px; width: 531.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.129px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span></span><span style=\"display:inherit;clear:left;\">For information on assets provided as collateral security, please refer to Note 20. Please refer to Note </span><span style=\"display:inherit;clear:left;\">12 for information on impairment testing.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Vessels</span><span style=\"display:inherit;clear:left;\">Vessels consist of owned vessels and vessels financed via sale and leaseback transactions. Vessels  </span><span style=\"display:inherit;clear:left;\">are measured at cost less accumulated depreciation and accumulated impairment losses. Costs </span><span style=\"display:inherit;clear:left;\">comprise acquisition costs and costs directly related to the acquisition up until the time when the </span><span style=\"display:inherit;clear:left;\">asset is ready for use, including interest expenses incurred during the period of construction. In partly </span><span style=\"display:inherit;clear:left;\">share-based acquisitions, vessels are measured at fair value at the delivery date, where the purchase </span><span style=\"display:inherit;clear:left;\">price is compared to valuations from two internationally acknowledged shipbrokers with appropriate </span><span style=\"display:inherit;clear:left;\">qualifications and recent experience in the valuation of vessels and adjusted if a material difference is </span><span style=\"display:inherit;clear:left;\">identified. All major components of vessels (scrubbers, etc.) except for dry-docking costs are </span><span style=\"display:inherit;clear:left;\">depreciated on a straight-line basis to the estimated residual value over their estimated useful life. </span><span style=\"display:inherit;clear:left;\">Different drivers such as TORM\u2019s short and long-term climate targets, the revised IMO\u2019s Green House </span><span style=\"display:inherit;clear:left;\">Gas Strategy, and other new regulation and policies with increased focus on carbon reduction on both </span><span style=\"display:inherit;clear:left;\">short and long-term impact the determination of the estimated useful life. Considering the different </span><span style=\"display:inherit;clear:left;\">drivers, TORM estimates the useful life to be 25 years for newbuildings - in line with previous years and </span><span style=\"display:inherit;clear:left;\">with what is used by other shipowners with comparable tonnage. Depreciation is based on costs less </span><span style=\"display:inherit;clear:left;\">the estimated residual value. Residual value is estimated as the lightweight tonnage of each vessel </span><span style=\"display:inherit;clear:left;\">multiplied by the recycling prices per ton. TORM has completed phasing in green recycling prices in the </span><span style=\"display:inherit;clear:left;\">calculation of residual values by applying a weighted average of green recycling and conventional </span><span style=\"display:inherit;clear:left;\">recycling prices, while using a three-year average to limit volatility. The useful life and the residual </span><span style=\"display:inherit;clear:left;\">value of the vessels are reviewed at least at each financial year-end based on market conditions, </span><span style=\"display:inherit;clear:left;\">regulatory requirements, and TORM\u2019s business plans.</span><span style=\"display:inherit;clear:left;\">TORM also evaluates the carrying amounts to determine if events have occurred which indicate </span><span style=\"display:inherit;clear:left;\">impairment and would require a modification of the carrying amounts at the reporting date. </span><span style=\"display:inherit;clear:left;\">Prepayment on vessels is measured at costs incurred.</span><span style=\"display:inherit;clear:left;\">Dry-docking</span><span style=\"display:inherit;clear:left;\">Approximately every 24 and 60 months, depending on the nature of work and external requirements, </span><span style=\"display:inherit;clear:left;\">the vessels are required to undergo planned dry-dockings for replacement of certain components, </span><span style=\"display:inherit;clear:left;\">major repairs, and major maintenance of other components, which cannot be carried out while the </span><span style=\"display:inherit;clear:left;\">vessels are operating. These dry-docking costs are capitalized and depreciated on a straight-line basis </span><span style=\"display:inherit;clear:left;\">over the estimated period until the next dry-docking. The residual value of such components is </span><span style=\"display:inherit;clear:left;\">estimated at nil. The useful life of the dry-docking costs is reviewed at least at each financial year-end </span><span style=\"display:inherit;clear:left;\">based on market conditions, regulatory requirements, and TORM\u2019s business plans. A portion of the cost </span><span style=\"display:inherit;clear:left;\">of acquiring a new vessel is allocated to the components expected to be replaced or refurbished at the </span><span style=\"display:inherit;clear:left;\">next dry-docking. Depreciation thereof is carried over the period until the next dry-dockin<span class=\"_ _34\"></span>g. For </span><span style=\"display:inherit;clear:left;\">newbuildings, the initial dry-docking asset is estimated based on the expected costs related to the </span><span style=\"display:inherit;clear:left;\">first-coming dry-docking, which again is based on experience and history of similar vessels. For </span><span style=\"display:inherit;clear:left;\">second-hand vessels, a dry-docking asset is also segregated and capitalized separately, taking into </span><span style=\"display:inherit;clear:left;\">account the normal docking intervals of the vessels.</span><span style=\"display:inherit;clear:left;\">At subsequent dry-dockings, the costs comprise the actual costs incurred at the dry-docking yard. </span><span style=\"display:inherit;clear:left;\">Dry-docking costs may include the cost of hiring crews to carry out replacements and repairs, the cost </span><span style=\"display:inherit;clear:left;\">of parts and materials used, the cost of travel, lodging and supervision of Company personnel as well </span><span style=\"display:inherit;clear:left;\">as the cost of hiring third-party personnel to oversee a dry-docking. Dry-docking activities include, but </span><span style=\"display:inherit;clear:left;\">are not limited to, the inspection, service on turbocharger, replacement of shaft seals, service on boiler, </span><span style=\"display:inherit;clear:left;\">replacement of hull anodes, applying of anti-fouling and hull paint, steel repairs as well as </span><span style=\"display:inherit;clear:left;\">refurbishment and replacement of other parts of the vessel.</span><span style=\"display:inherit;clear:left;\">Prepayments on vessels</span><span style=\"display:inherit;clear:left;\">Prepayments consist of prepayments related to the purchase of second-hand vessels not yet delivered </span><span style=\"display:inherit;clear:left;\">and to newbuilding contracts for vessels not yet delivered which also include the share of borrowing </span><span style=\"display:inherit;clear:left;\">costs directly attributable to the acquisition of the underlying vessel. When a vessel is delivered, the </span><span style=\"display:inherit;clear:left;\">prepaid amount is reallocated to the financial statement line \u201cVessels and capitalized dry-docking\u201d.</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment consist of leaseholds regarding office </span><span style=\"display:inherit;clear:left;\">buildings, leasehold improvements, company cars, IT equipment, and software and is measured at </span><span style=\"display:inherit;clear:left;\">historical cost less accumulated depreciation and any impairment loss. Any subsequent cost is </span><span style=\"display:inherit;clear:left;\">included in the asset\u2019s carrying amount or recognized as a separate asset only when it is probable that </span><span style=\"display:inherit;clear:left;\">future economic benefits are associated with the item and the cost of the item can be measured </span><span style=\"display:inherit;clear:left;\">reliably. Depreciation is based on the straight-line method over the estimated useful life of the assets. </span><span style=\"display:inherit;clear:left;\">The current estimates are:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Land and buildings </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Office buildings: Over the shorter of the remaining leasing term and the estimated useful life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasehold improvements: Over the shorter of the remaining leasing term and the estimated useful </span><span style=\"display:inherit;clear:left;\">life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other plant and operating equipment:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Company cars: Over the lease term, typically 3 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IT equipment: 3\u20135 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3\u20135 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other equipment 3\u201315 years</span><span style=\"display:inherit;clear:left;\">The depreciation commences when the asset is available for use, i.e. when it is in the location and </span><span style=\"display:inherit;clear:left;\">condition necessary for it to be capable of operating in the manner intended by the Management. F<span class=\"_ _34\"></span>or a </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">right-of-use asset, depreciation commences at the commencement date of the lease.</span></span> </span><span style=\"display:inherit;clear:left;\">Assets held for sale</span><span style=\"display:inherit;clear:left;\">Assets are classified as held-for-sale if the carrying amount will be recovered principally through a </span><span style=\"display:inherit;clear:left;\">sales transaction rather than through continuing use. This condition is regarded as met only when the </span><span style=\"display:inherit;clear:left;\">asset is available for immediate sale in its present condition subject to terms which are usual and </span><span style=\"display:inherit;clear:left;\">customary for sales of such assets, and when its sale is highly probable. The Management must be </span><span style=\"display:inherit;clear:left;\">committed to the sale, which should be expected to qualify for recognition as a completed sale within </span><span style=\"display:inherit;clear:left;\">one year from the date of classification. </span><span style=\"display:inherit;clear:left;\">Assets held for sale mainly refer to vessels being sold and are measured at the lower of their previous </span><span style=\"display:inherit;clear:left;\">carrying amount and fair value less costs to sell. Gains are recognized on delivery to the new owners in </span><span style=\"display:inherit;clear:left;\">the income statement in the item \u201cProfit from sale of vessels\u201d. Anticipated losses are recognized at the </span><span style=\"display:inherit;clear:left;\">time when the asset is classified as held-for-sale in the item \u201cImpairment losses on tangible and </span><span style=\"display:inherit;clear:left;\">intangible assets\u201d.</span><span style=\"display:inherit;clear:left;\">NOTE 11 \u2013 LEASING</span><span style=\"display:inherit;clear:left;\">TORM leases office buildings, some vehicles, and other administrative equipment. Except for short-term </span><span style=\"display:inherit;clear:left;\">leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use </span><span style=\"display:inherit;clear:left;\">asset with a corresponding lease liability. The right-of-use assets are included in the financial </span><span style=\"display:inherit;clear:left;\">statement line item in which the corresponding underlying assets would be presented if they were </span><span style=\"display:inherit;clear:left;\">owned. Please refer to Note 10.</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM had recognized the following right-of-use assets:</span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.1914px; width: 33.9492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 530.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 530.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.066px; width: 172.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 183.795px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 199.941px; width: 144.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 200.67px; width: 144.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 216.816px; width: 52.9219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 217.545px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 233.691px; width: 136.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 234.42px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 504.844px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 473.656px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 531.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 531.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 530.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 258.697px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 464.172px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 503.312px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.734px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.359px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 401.984px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 528.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 528.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.217px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 528.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 528.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 528.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 528.779px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.547px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 528.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 528.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 164.168px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span></span></span><span style=\"display:inherit;clear:left;\">The table below describes the nature of the Group\u2019s leasing activities by type of right-of-use assets </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet as of 31 December 2025:</span><span style=\"display:inherit;clear:left;position:relative;height:153.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 525.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of right-of-use assets leased</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 525.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Range of remaining term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 3 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 525.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average remaining lease term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 525.188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with extension options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 525.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with options to purchase</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.27px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.17px; width: 193.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with termination options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.438px; top: 141.441px; width: 7.20117px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.703px; top: 142.17px; width: 6.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span></span></span><span style=\"display:inherit;clear:left;\">Lease liabilities regarding right-of-use assets are included on the balance sheet under \u201cBorrowings\u201d. </span><span style=\"display:inherit;clear:left;position:relative;height:167.666015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 290.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Maturity analysis - contractual undiscounted cash flow</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Less than one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.615px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One to five years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 227.906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total undiscounted lease liabilities as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 283.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilities included under \u201cBorrowings\u201d as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.105px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 252.457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.42px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span></span><span style=\"display:inherit;clear:left;\">Extension and termination options are included in several leases in order to optimize operational </span><span style=\"display:inherit;clear:left;\">flexibility in terms of managing contracts. The lease term determined by TORM is the non-cancellable </span><span style=\"display:inherit;clear:left;\">period of a lease, together with any extension/termination options if these are/are not reasonably </span><span style=\"display:inherit;clear:left;\">certain to be exercised. </span><span style=\"display:inherit;clear:left;\">Lease payments not recognized as a liability</span><span style=\"display:inherit;clear:left;\">TORM has elected not to recognize a lease liability for short-term leases (leases of an expected term of </span><span style=\"display:inherit;clear:left;\">12 months or less) or for leases of low-value assets. Payments made under such leases are expensed </span><span style=\"display:inherit;clear:left;\">on a straight-line basis. The expenses relating to payments not recognized as a lease liability are </span><span style=\"display:inherit;clear:left;\">insignificant.</span><span style=\"display:inherit;clear:left;\">Cash outflow for leases</span><span style=\"display:inherit;clear:left;\">The total cash outflow for leases amounts to USD 3.6m (2024: USD 3.6m, 2023: USD 3.2m.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__127": {
   "value": "<span style=\"display:inherit;clear:left;\">Financial assets</span><span style=\"display:inherit;clear:left;\">Financial assets are initially recognized on the settlement date at fair value plus transaction costs, </span><span style=\"display:inherit;clear:left;\">except for financial assets at fair value through profit or loss, which are recognized at fair value. </span><span style=\"display:inherit;clear:left;\">Financial assets are derecognized when the rights to receive cash flows from the assets have expired or </span><span style=\"display:inherit;clear:left;\">have been transferred.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__129-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Investments in joint ventures</span><span style=\"display:inherit;clear:left;\">Investments in joint ventures comprise investments in companies which by agreement are managed </span><span style=\"display:inherit;clear:left;\">jointly with one or more companies and therefore are subject to joint control and in which the parties </span><span style=\"display:inherit;clear:left;\">have rights to the net assets of the joint venture. Joint ventures are accounted for using the equity </span><span style=\"display:inherit;clear:left;\">method. Under the equity method, the investment in joint ventures is initially recognized at cost and </span><span style=\"display:inherit;clear:left;\">thereafter adjusted to recognize TORM\u2019s share of the profit or loss in the joint venture. When TORM\u2019s </span><span style=\"display:inherit;clear:left;\">share of losses in a joint venture exceeds the investment in the joint venture, TORM discontinues </span><span style=\"display:inherit;clear:left;\">recognizing its share of further losses. Additional losses are recognized only to the extent that TORM<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">has incurred legal or constructive obligations or made payments on behalf of the joint venture.</span><span style=\"display:inherit;clear:left;\">Interest in legal entities included as joint ventures:</span><span style=\"display:inherit;clear:left;\">The Danish joint venture, Long Range 2 A/S has been dissolved during the year. There has been no </span><span style=\"display:inherit;clear:left;\">activity in the joint venture during the year and the comparison years. </span><span style=\"display:inherit;clear:left;\">The table below shows the registered addresses for the companies mentioned above:</span><span style=\"display:inherit;clear:left;position:relative;height:450.416015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 372.691px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.408px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">India</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 131.549px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Philippines</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.2949px; width: 361.348px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tuborg Havnevej 18</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2nd Floor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7th Floor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 421.477px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DK-2900 Hellerup</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Leela Business Park</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salcedo Towers, 169</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 422.355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.09px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Andheri-Kurla Road</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.4042px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">HV dela Costa Street</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 395.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Andheri (E)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.789px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salcedo Village,</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 372.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Mumbai 400059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.7873px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Makati City</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.67px; width: 400.383px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">India</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Philippines 1227</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.004px; width: 337.541px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.365px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Kingdom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.295px; width: 371.268px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6 Battery Road #27-02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4th Floor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Suite 1625</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.17px; width: 394.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six Battery Road</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.2207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">120 Cannon Street</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2500 City West</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 186.045px; width: 366.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore 049909</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">London, EC4N 6AS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.75px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Boulevard</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.92px; width: 436.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.486px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Kingdom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77042, Houston , Texas</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.795px; width: 337.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.129px; width: 373.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.408px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.26px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Hong Kong</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.42px; width: 392.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sandholm 7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.6154px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">208 Longward Road</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Room 12, 10/F</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 287.295px; width: 418.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9900 Frederikshavn</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Zhapu Town Ping Hu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Kwai Cheong Centre</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 304.17px; width: 447.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.09px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Jiaxing City</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.2248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">No. 50 Kwai Cheong Road</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 321.045px; width: 458.396px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Zhejiang Provice</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.8966px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Kwai Chung, New Territories</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 337.92px; width: 371.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Hong Kong</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 354.379px; width: 112.254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 371.67px; width: 118.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DMCC Business Centre</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 388.545px; width: 77.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AU Tower 15-G</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 405.42px; width: 64.8574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">JLT Cluster I</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 422.295px; width: 56.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dubai, UAE</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 439.17px; width: 109.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__128": {
   "value": "<span style=\"display:inherit;clear:left;\">Investments in joint ventures</span><span style=\"display:inherit;clear:left;\">Investments in joint ventures comprise investments in companies which by agreement are managed </span><span style=\"display:inherit;clear:left;\">jointly with one or more companies and therefore are subject to joint control and in which the parties </span><span style=\"display:inherit;clear:left;\">have rights to the net assets of the joint venture. Joint ventures are accounted for using the equity </span><span style=\"display:inherit;clear:left;\">method. Under the equity method, the investment in joint ventures is initially recognized at cost and </span><span style=\"display:inherit;clear:left;\">thereafter adjusted to recognize TORM\u2019s share of the profit or loss in the joint venture. When TORM\u2019s </span><span style=\"display:inherit;clear:left;\">share of losses in a joint venture exceeds the investment in the joint venture, TORM discontinues </span><span style=\"display:inherit;clear:left;\">recognizing its share of further losses. Additional losses are recognized only to the extent that TORM<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">has incurred legal or constructive obligations or made payments on behalf of the joint venture.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__131": {
   "value": "<span style=\"display:inherit;clear:left;\">Treasury shares</span><span style=\"display:inherit;clear:left;\">Treasury shares are recognized as a separate component of equity at cost. Upon subsequent disposal </span><span style=\"display:inherit;clear:left;\">of treasury shares, any consideration is also recognized directly in equity.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__130-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Treasury shares</span><span style=\"display:inherit;clear:left;\">Treasury shares are recognized as a separate component of equity at cost. Upon subsequent disposal </span><span style=\"display:inherit;clear:left;\">of treasury shares, any consideration is also recognized directly in equity.</span><span style=\"display:inherit;clear:left;position:relative;height:304.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Treasury shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 268.523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 119.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares '000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cancellations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 531.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.004px; width: 526.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 348.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.504px; width: 125.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal value USD '000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.795px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.67px; width: 532.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cancellations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 178.129px; width: 531.691px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.516px; top: 208.129px; width: 174.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 225.004px; width: 145.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Percentage of share capital</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 242.295px; width: 529.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 224.179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.17px; width: 529.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cancellations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.256px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.256px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 276.045px; width: 529.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dilution due to capital increases</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 292.504px; width: 529.312px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span></span><span style=\"display:inherit;clear:left;\">At the 2025 Annual General Meeting on 16 April 2025, our shareholders approved the application for a </span><span style=\"display:inherit;clear:left;\">court order from the Companies Court in England and Wales to effect the cancellation of 493,371 </span><span style=\"display:inherit;clear:left;\">treasury shares that we purchased in share buybacks on Nasdaq Copenhagen A/S in 2016 and 2020. </span><span style=\"display:inherit;clear:left;\">On 15 May 2025, the Court approved the cancellation. The cancellation of these treasury shares was </span><span style=\"display:inherit;clear:left;\">intended to rectify the fact that these repurchases were not made in accordance with the UK </span><span style=\"display:inherit;clear:left;\">Companies Act, which distinguishes between buybacks effected through \u201cmarket purchases\u201d and \u201coff-</span><span style=\"display:inherit;clear:left;\">market purchases.\u201d We effected these buybacks under \u201cmarket purchase\u201d resolutions; however, for </span><span style=\"display:inherit;clear:left;\">purposes of the UK Companies Act, Nasdaq Copenhagen A/S is an overseas exchange, making it </span><span style=\"display:inherit;clear:left;\">ineligible for buybacks conducted under the \u201cmarket purchase\u201d provisions. The cancellation of the </span><span style=\"display:inherit;clear:left;\">affected treasury shares did not affect the rights attached to, or result in any other change to, any of </span><span style=\"display:inherit;clear:left;\">our other shares (or their nominal value).</span><span style=\"display:inherit;clear:left;\">As of 31 December 2024, the Company's holding of treasury shares represented 493,371 shares, </span><span style=\"display:inherit;clear:left;\">(2023: 493,371 shares) of USD 0.01 each at a total nominal value of USD 0.0m (2023: USD 0.0m) and a </span><span style=\"display:inherit;clear:left;\">market value of USD 9.6m (2023: USD 14.9m).</span><span style=\"display:inherit;clear:left;\">Restricted Share Units</span><span style=\"display:inherit;clear:left;\">Key management participates in an LTIP program, which gives the right to buy TORM shares at a </span><span style=\"display:inherit;clear:left;\">predefined share price. Please refer to note 5.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__133": {
   "value": "<span style=\"display:inherit;clear:left;\">Dividend</span><span style=\"display:inherit;clear:left;\">Interim dividends are recognized when paid. Any year-end dividend is recognized as a liability at the date </span><span style=\"display:inherit;clear:left;\">of approval at the AGM.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__132-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Dividend</span><span style=\"display:inherit;clear:left;\">Interim dividends are recognized when paid. Any year-end dividend is recognized as a liability at the date </span><span style=\"display:inherit;clear:left;\">of approval at the AGM.</span><span style=\"display:inherit;clear:left;\">Dividend per share for the year</span><span style=\"display:inherit;clear:left;position:relative;height:255.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.516px; top: 0.0039062px; width: 174.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 98.0918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dividend per share</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 42.0449px; width: 526.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Declared dividend per share (USD)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.391px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.12</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.10</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.42</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.9199px; width: 526.465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Declared dividend for the year (USDm)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">485.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">370.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.6699px; width: 284.244px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Proposed dividend per share for approval at the annual </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.1699px; width: 526.43px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">general meeting (USD) </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.424px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.36</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.045px; width: 274.107px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Proposed dividend for approval at the annual general </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.545px; width: 526.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">meeting (USDm)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 288.457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.295px; width: 526.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dividends paid per share (USD)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.424px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.86</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.01</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.17px; width: 526.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dividends paid during the year (USDm)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.299px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">199.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">553.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">586.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.504px; width: 93.2988px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.795px; width: 526.547px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares, end of period (million)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.018px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.67px; width: 526.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of treasury shares, end of period (million)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.129px; width: 526.137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares outstanding, end of period (million)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">85.7</span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Basic earnings per share are calculated by dividing the consolidated net profit/(loss) for the year </span><span style=\"display:inherit;clear:left;\">available to common shareholders by the weighted average number of common shares outstanding </span><span style=\"display:inherit;clear:left;\">during the period. Treasury shares are not included in the calculation. Purchases of treasury shares </span><span style=\"display:inherit;clear:left;\">during the period are weighted based on the remaining period.</span><span style=\"display:inherit;clear:left;\">Diluted earnings per share are calculated by adjusting the consolidated profit or loss available to </span><span style=\"display:inherit;clear:left;\">common shareholders and the weighted average number of common shares outstanding for the effects </span><span style=\"display:inherit;clear:left;\">of all potentially dilutive shares. Such potentially dilutive common shares are excluded when the effect </span><span style=\"display:inherit;clear:left;\">of including them would be to increase earnings per share or reduce a loss per share.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDividendsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__134-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Other non-current liabilities</span><span style=\"display:inherit;clear:left;\">Other non-current liabilities consist of long-term employee-related liabilities related to the frozen Danish </span><span style=\"display:inherit;clear:left;\">holiday funds in connection with the transition to the new Danish Holiday Act. TORM<span class=\"_ _34\"></span> has elected to keep </span><span style=\"display:inherit;clear:left;\">the holiday funds until the employees, covered at the transition date, reach the age of retirement. The </span><span style=\"display:inherit;clear:left;\">liability is remeasured annually based on an index rate published by the Holiday Allowance fund.</span><span style=\"display:inherit;clear:left;\">NOTE 18 \u2013 OTHER LIABILITIES</span><span style=\"display:inherit;clear:left;position:relative;height:187.916015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued interest</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Wages and social expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued administration expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivative financial instruments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 152.806px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EU Emission Allowances</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 286.207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 134.629px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">71.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hereof non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.615px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hereof current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span></span><span style=\"display:inherit;clear:left;\">The carrying amount is a reasonable approximation of fair value due to the short-term nature of the </span><span style=\"display:inherit;clear:left;\">payable. Please refer to Note 25 for further information on fair value hierarchies.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Other liabilities are generally measured at amortized cost. Derivative financial instruments included in </span><span style=\"display:inherit;clear:left;\">other liabilities are measured at fair value.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherNoncurrentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__135": {
   "value": "<span style=\"display:inherit;clear:left;\">Trade payables</span><span style=\"display:inherit;clear:left;\">Trade payables are recognized at the fair value of the item purchased and are subsequently measured </span><span style=\"display:inherit;clear:left;\">at amortized cost.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__137": {
   "value": "<span style=\"display:inherit;clear:left;\">Cash flow statement</span><span style=\"display:inherit;clear:left;\">The cash flow statement shows how income and changes in the balance sheet items affect cash and </span><span style=\"display:inherit;clear:left;\">cash equivalent, i.e. how cash is generated or used in the period. The cash flow statement is presented </span><span style=\"display:inherit;clear:left;\">in accordance with the indirect method commencing with \u201cNet profit/(loss) for the year\u201d.</span><span style=\"display:inherit;clear:left;\">Cash flow from operating activities converts income statement items from the accrual basis of </span><span style=\"display:inherit;clear:left;\">accounting to cash basis. Starting with \u201cNet profit/(loss) for the year\u201d, non-cash items are reversed, and </span><span style=\"display:inherit;clear:left;\">actual payments are included. Further, the change in working capital is taken into account.</span><span style=\"display:inherit;clear:left;\">Cash flow from investing activities comprises the cash used or received in the purchase and sale of </span><span style=\"display:inherit;clear:left;\">tangible fixed assets and financial assets as well as cash from business combinations.</span><span style=\"display:inherit;clear:left;\">Cash flow from financing activities comprises changes in the cash used or received in borrowings </span><span style=\"display:inherit;clear:left;\">(amount of new borrowings and repayments), purchases or sales of treasury shares, dividends paid to </span><span style=\"display:inherit;clear:left;\">shareholders.</span><span style=\"display:inherit;clear:left;\">Cash and cash equivalents including restricted cash comprise cash and short-term bank deposits with </span><span style=\"display:inherit;clear:left;\">an original maturity of three months or less. The carrying amount of these assets is approximately equal </span><span style=\"display:inherit;clear:left;\">to their fair value. Cash and cash equivalents including restricted cash at the end of the reporting period </span><span style=\"display:inherit;clear:left;\">are shown in the consolidated cash flow statement and can be reconciled to the related items in the </span><span style=\"display:inherit;clear:left;\">consolidated balance sheet. The restricted cash balance relates to cash provided as security for initial </span><span style=\"display:inherit;clear:left;\">margin calls and negative market values on derivatives as well as a sale and leaseback transaction </span><span style=\"display:inherit;clear:left;\">prepayment to be released upon delivery of the vessel.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__136-1": {
   "value": "<span style=\"display:inherit;clear:left;\">Cash flow statement</span><span style=\"display:inherit;clear:left;\">The cash flow statement shows how income and changes in the balance sheet items affect cash and </span><span style=\"display:inherit;clear:left;\">cash equivalent, i.e. how cash is generated or used in the period. The cash flow statement is presented </span><span style=\"display:inherit;clear:left;\">in accordance with the indirect method commencing with \u201cNet profit/(loss) for the year\u201d.</span><span style=\"display:inherit;clear:left;\">Cash flow from operating activities converts income statement items from the accrual basis of </span><span style=\"display:inherit;clear:left;\">accounting to cash basis. Starting with \u201cNet profit/(loss) for the year\u201d, non-cash items are reversed, and </span><span style=\"display:inherit;clear:left;\">actual payments are included. Further, the change in working capital is taken into account.</span><span style=\"display:inherit;clear:left;\">Cash flow from investing activities comprises the cash used or received in the purchase and sale of </span><span style=\"display:inherit;clear:left;\">tangible fixed assets and financial assets as well as cash from business combinations.</span><span style=\"display:inherit;clear:left;\">Cash flow from financing activities comprises changes in the cash used or received in borrowings </span><span style=\"display:inherit;clear:left;\">(amount of new borrowings and repayments), purchases or sales of treasury shares, dividends paid to </span><span style=\"display:inherit;clear:left;\">shareholders.</span><span style=\"display:inherit;clear:left;\">Cash and cash equivalents including restricted cash comprise cash and short-term bank deposits with </span><span style=\"display:inherit;clear:left;\">an original maturity of three months or less. The carrying amount of these assets is approximately equal </span><span style=\"display:inherit;clear:left;\">to their fair value. Cash and cash equivalents including restricted cash at the end of the reporting period </span><span style=\"display:inherit;clear:left;\">are shown in the consolidated cash flow statement and can be reconciled to the related items in the </span><span style=\"display:inherit;clear:left;\">consolidated balance sheet. The restricted cash balance relates to cash provided as security for initial </span><span style=\"display:inherit;clear:left;\">margin calls and negative market values on derivatives as well as a sale and leaseback transaction </span><span style=\"display:inherit;clear:left;\">prepayment to be released upon delivery of the vessel.</span><span style=\"display:inherit;clear:left;\">NOTE 28 \u2013 CASH FLOWS</span><span style=\"display:inherit;clear:left;position:relative;height:265.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 519.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 347.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 209.25px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reversal of other non-cash movements:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 525.615px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 525.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share-based payments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.816px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 525.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value adjustments on derivative financial instruments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 62.4023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 525.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Reversal of provisions adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 525.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 262.975px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.754px; width: 525.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.004px; width: 523.295px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 348.328px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.504px; width: 258.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in inventories, receivables, and payables:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 186.795px; width: 528.58px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in inventories</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 247.617px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-10.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 203.67px; width: 528.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in receivables</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.398px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-33.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.545px; width: 528.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in prepayments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.707px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 528.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Change in trade payables and other liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.26px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.879px; width: 525.797px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-33.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.8</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__138": {
   "value": "<span style=\"display:inherit;clear:left;\">Critical Accounting Estimates and Judgments</span><span style=\"display:inherit;clear:left;\">The preparation of financial statements in accordance with IFRS requires the Management to make </span><span style=\"display:inherit;clear:left;\">estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of </span><span style=\"display:inherit;clear:left;\">contingent assets and liabilities at the date of the financial statements, and the reported amounts of </span><span style=\"display:inherit;clear:left;\">revenues and expenses during the reporting period. These estimates and assumptions are affected by </span><span style=\"display:inherit;clear:left;\">the way TORM applies its accounting policies. An accounting estimate is considered critical if the </span><span style=\"display:inherit;clear:left;\">estimate requires the Management to make assumptions about matters subject to significant </span><span style=\"display:inherit;clear:left;\">uncertainty, if different estimates could reasonably have been used, or if  changes in the estimate that </span><span style=\"display:inherit;clear:left;\">would have a material impact on the Company\u2019s financial position or results of operations are </span><span style=\"display:inherit;clear:left;\">reasonably likely to occur from period to period. The Management believes that the accounting </span><span style=\"display:inherit;clear:left;\">estimates applied are appropriate and the resulting balances are reasonable. However, actual results </span><span style=\"display:inherit;clear:left;\">could differ from the original estimates requiring adjustments to these balances in future periods.</span><span style=\"display:inherit;clear:left;\">The Management also makes various accounting judgments in the preparation of the consolidated </span><span style=\"display:inherit;clear:left;\">financial statements which can affect the amounts recognized.</span><span style=\"display:inherit;clear:left;\">Judgments</span><span style=\"display:inherit;clear:left;\">The Management has assessed that TORM has two cash-generating units (CGUs), being the Tanker </span><span style=\"display:inherit;clear:left;\">Fleet and the Marine Engineering cash-generating units. The Tanker Fleet is comprised of TORM\u2019s LR1, </span><span style=\"display:inherit;clear:left;\">LR2 and MR vessels, which are largely interchangeable, and the cash flows generated by them are </span><span style=\"display:inherit;clear:left;\">interdependent. These vessels are operated via the One TORM platform collectively as a combined </span><span style=\"display:inherit;clear:left;\">internal pool, employed principally in the spot market, and actively managed to meet the needs of our </span><span style=\"display:inherit;clear:left;\">customers in that market, particularly regarding the location of vessels meeting required specifications </span><span style=\"display:inherit;clear:left;\">and the price of transport rather than vessel class. Given the technical specifications and capacity of </span><span style=\"display:inherit;clear:left;\">vessels, the Tanker Fleet is relatively homogenous with a very high degree of interoperability. All vessels </span><span style=\"display:inherit;clear:left;\">in the Tanker Fleet can handle multiple sizes of cargo and sail all seas and oceans, over both shorter and </span><span style=\"display:inherit;clear:left;\">long distances. The Tanker Fleet is monitored and managed on an aggregated level as one pool, i.e. each </span><span style=\"display:inherit;clear:left;\">vessel or vessel class does not generate cash inflows which are largely independent of those from other </span><span style=\"display:inherit;clear:left;\">vessels or vessel classes. The MR vessels acquired in prior years with chemical trading capability are </span><span style=\"display:inherit;clear:left;\">operated as all other product tanker vessels and thus included in the Tanker Fleet CGU.</span><span style=\"display:inherit;clear:left;\">In addition, the activities within the Marine Engineering segment represent a single CGU because cash </span><span style=\"display:inherit;clear:left;\">inflows are generated independent of the cash inflows from the Tanker Fleet from serving the existing </span><span style=\"display:inherit;clear:left;\">external customer base of the Marine Engineering segment.</span><span style=\"display:inherit;clear:left;\">Estimates</span><span style=\"display:inherit;clear:left;\">Carrying amounts of vessels</span><span style=\"display:inherit;clear:left;\">The Company evaluates the carrying amounts of the vessels to determine if events have occurred which </span><span style=\"display:inherit;clear:left;\">would require a modification of their carrying amounts. The recoverable amount of vessels is reviewed </span><span style=\"display:inherit;clear:left;\">based on events or changes in circumstances which would indicate that the carrying amount of its </span><span style=\"display:inherit;clear:left;\">vessels might not be recoverable. </span><span style=\"display:inherit;clear:left;\">In assessing the recoverability of the vessels, the Company reviews certain indicators of potential </span><span style=\"display:inherit;clear:left;\">impairment or indication of any past impairment losses that should be reversed. If an indication of </span><span style=\"display:inherit;clear:left;\">impairment or reversal of past impairment is identified, the need for recognizing an impairment loss or a </span><span style=\"display:inherit;clear:left;\">recognition of a reversal of a past impairment loss is assessed by comparing the carrying amount of the </span><span style=\"display:inherit;clear:left;\">vessels to the higher of the fair value less costs of disposal and the value in use.</span><span style=\"display:inherit;clear:left;\">The Management assesses indicators of impairment that include, but are not limited to, broker vessel </span><span style=\"display:inherit;clear:left;\">values, time charter rates, weighted average cost of capital, and any other adverse impacts from current </span><span style=\"display:inherit;clear:left;\">economic, environmental, and geopolitical uncertainty, as well as the carrying amount of the net assets </span><span style=\"display:inherit;clear:left;\">against the market capitalization. </span><span style=\"display:inherit;clear:left;\">The fair value less cost of disposal of the vessels is based on the market approach which considers the </span><span style=\"display:inherit;clear:left;\">valuations from two internationally acknowledged shipbrokers with appropriate qualifications and recent </span><span style=\"display:inherit;clear:left;\">experience in the valuation of vessels. The shipbrokers\u2019 primary input is deadweight tonnage, yard, and </span><span style=\"display:inherit;clear:left;\">age of the vessel. The fair value assumes that the vessels are in good and seaworthy condition and with </span><span style=\"display:inherit;clear:left;\">prompt, charter-free delivery.</span><span style=\"display:inherit;clear:left;\">The assessment of the value in use is based on projection of future discounted cash flows related to the </span><span style=\"display:inherit;clear:left;\">vessels which is complex and requires the Company to make various estimates including future freight </span><span style=\"display:inherit;clear:left;\">rates, utilization, earnings from the vessels, future operating expenses and capital expenditure including </span><span style=\"display:inherit;clear:left;\">dry-docking costs and discount rates. </span><span style=\"display:inherit;clear:left;\">All these factors have been historically volatile, especially the freight rates. The carrying amounts of </span><span style=\"display:inherit;clear:left;\">TORM\u2019s vessels may not represent their fair market value at any point in time, as market prices of </span><span style=\"display:inherit;clear:left;\">second-hand vessels to a certain degree tend to fluctuate with changes in freight rates and the cost of </span><span style=\"display:inherit;clear:left;\">newbuildings. However, if the estimated future cash flow or related assumptions in the future change, an </span><span style=\"display:inherit;clear:left;\">impairment write-down or reversal of impairment may be required.</span><span style=\"display:inherit;clear:left;\">For more information refer to Note 12.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__139": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 2 \u2013 LIQUIDITY, CAPITAL RESOURCES AND SUBSEQUENT EVENTS</span><span style=\"display:inherit;clear:left;\">Liquidity and Capital Resources</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM\u2019s cash and cash equivalents, including restricted cash totaled </span><span style=\"display:inherit;clear:left;\">USD\ue82b163.5m (2024: USD 291.2m, 2023: USD 295.6m), and undrawn and committed credit facilities as </span><span style=\"display:inherit;clear:left;\">listed below amounted to USD 398.8m (2024: USD 323.6m, 2023: USD342.5).</span><span style=\"display:inherit;clear:left;\">TORM has the following debt facilities as of 31 December 2025<span class=\"_ _34\"></span>. </span><span style=\"display:inherit;clear:left;position:relative;height:238.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 310.469px; top: 0.0039062px; width: 57.8145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 385.547px; top: 0.0039062px; width: 57.8145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.375px; top: 0.0039062px; width: 57.8145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 336.766px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.141px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.781px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 348.656px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 424.031px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.406px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.5039px; width: 287.59px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Debt Facility</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.158px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 336.766px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.297px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.781px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.4199px; width: 507.814px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Senior Unsecured Bonds</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.791px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2949px; width: 506.01px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicated Facilities 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.023px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Repaid</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">224.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.1699px; width: 512.127px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicated Facilities 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.156px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">248.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.045px; width: 496.682px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Danish Ship Finance Facility 2020</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.125px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">245.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">192.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.92px; width: 512.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ING Facility 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 185.508px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">57.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.795px; width: 524.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">HCOB Facility 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 165.029px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Repaid</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.67px; width: 517.547px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">HCOB Facility 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 173.414px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.545px; width: 512.818px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">KfW Facility 2019</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 192.42px; width: 516.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit Agricole Facility 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 209.295px; width: 510.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other credit facilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.852px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 226.129px; width: 513.211px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 282.217px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">848.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">778.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">545.3 </span></span></span><span style=\"display:inherit;clear:left;\">In 2025, TORM signed an Amendment and Restatement of the Syndicated Facilities agreement whereby </span><span style=\"display:inherit;clear:left;\">the existing vessels were refinanced and the company received commitment to finance additional 17 </span><span style=\"display:inherit;clear:left;\">vessels that were previously leased and being repurchased. Until the end of 2025, ten out of the 17 </span><span style=\"display:inherit;clear:left;\">vessels were redelivered to TORM and utilized in this facility. The new Syndicated Facilities agreement </span><span style=\"display:inherit;clear:left;\">has an extension option until 2031 that can be exercised in 2026. In 2025, TORM also signed a new </span><span style=\"display:inherit;clear:left;\">facility agreement with Credit Agricole to finance five vessels that were previously leased and being </span><span style=\"display:inherit;clear:left;\">repurchased. Until the end of 2025, four out of the five vessels were redelivered to TORM and utilized in </span><span style=\"display:inherit;clear:left;\">this facility. In addition to the scheduled repayments, TORM made repayments to HCOB and reduced </span><span style=\"display:inherit;clear:left;\">the facility due to the sale of older vessels.  As of 31 December 2025, the scheduled minimum payments </span><span style=\"display:inherit;clear:left;\">on mortgage debt and bank loans in 2026 amount to USD 128.2m.</span><span style=\"display:inherit;clear:left;\">TORM has the following undrawn facilities as of 31 December <span class=\"_ _34\"></span>2025.</span><span style=\"display:inherit;clear:left;position:relative;height:205.341796875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 330.594px; top: 0.0039062px; width: 44.6777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Undrawn </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 405.125px; top: 0.0039062px; width: 44.6777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Undrawn </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 480.781px; top: 0.0039062px; width: 44.6777px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Undrawn </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 336.203px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.406px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.547px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 349.312px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 424.734px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.156px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.5039px; width: 286.266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Undrawn Facility</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 336.203px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.891px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.547px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.4199px; width: 511.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicated Facilities 2025 - RCF</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.914px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">285.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2949px; width: 516.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit Agricole Facility 2025 - RCF</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.2248px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.1699px; width: 516.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">HCOB Facility 2024 - RCF</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.559px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.045px; width: 503.713px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicated Facilities 2023 - RCF</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.9748px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Cancelled</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.92px; width: 510.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicated Facilities 2024 - RCF</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 82.9748px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Cancelled</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">149.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.795px; width: 522.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">HCOB Facility 2023 - RCF</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.998px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Cancelled</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.67px; width: 521.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DSF Additional Facility</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.736px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Cancelled</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">52.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.545px; width: 509.725px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicated Bridge to Bond Facility</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.4159px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Cancelled</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">165.0 </span></span><span class=\"pp-font-color-override-2\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.721px; width: 21.4277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff11; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 346.047px; top: 192.379px; width: 171.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">398.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">323.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">342.5 </span></span></span><span style=\"display:inherit;clear:left;\">In 2025, TORM combined the Syndicated 2023 RCF and the Syndicated 2024 RCF into one revolving </span><span style=\"display:inherit;clear:left;\">credit facility as part of the Amendment and Restatement of the Syndicated Facilities. TORM also has a </span><span style=\"display:inherit;clear:left;\">new revolving credit facility with Credit Agricole as part of the new facility agreement. The amount of </span><span style=\"display:inherit;clear:left;\">this revolving credit facility will increase following the refinancing on the last vessel in January 2026. </span><span style=\"display:inherit;clear:left;\">During 2025, the revolving credit facility with HCOB was reduced due to sold vessels.</span><span style=\"display:inherit;clear:left;\">TORM has the following lease facilities as of 31 December <span class=\"_ _34\"></span>2025.</span><span style=\"display:inherit;clear:left;position:relative;height:137.826171875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 310.625px; top: 0.0039062px; width: 57.3633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstand</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387.703px; top: 0.0039062px; width: 57.3633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstand</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 462.281px; top: 0.0039062px; width: 57.3633px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstand</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ing </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 336.203px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 411.406px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.547px; top: 13.5039px; width: 36.5625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 349.312px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 424.734px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 499.156px; top: 27.0039px; width: 25.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.5039px; width: 285.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease Facility</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Matu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 336.203px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.891px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 487.547px; top: 40.5039px; width: 38.7539px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USDm)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.4199px; width: 494.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bocomm Leasing Facilities 2019-2021</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 76.4062px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">135.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2949px; width: 508.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Springliner Leases</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.1699px; width: 503.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ch</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">a </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">De</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ve</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">lo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">pm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">Ba</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nk</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> F</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">an</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ci</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> L</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ea</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">si</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ng</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Repaid</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">136.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">149.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.045px; width: 496.617px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">China Merchant Bank Financial Leasing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.8966px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">106.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">159.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff10; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">195.8 </span></span><span class=\"pp-font-color-override-2\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.205px; width: 21.4277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 10.5px; font-family: ff11; -webkit-text-stroke: 0.1575px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 309.547px; top: 124.879px; width: 208.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">157.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: fff; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">521.6 </span></span></span><span style=\"display:inherit;clear:left;\">In 2025, TORM exercised purchase options on 22 vessels and financed 14 vessels delivered within the </span><span style=\"display:inherit;clear:left;\">year with mortgage debt. TORM repurchased nine vessels from China Development Bank Financial </span><span style=\"display:inherit;clear:left;\">Leasing and one vessel from China Merchant Bank Financial Leasing. In 2025, TORM repurchased four </span><span style=\"display:inherit;clear:left;\">out of five vessels from Bocomm Leasing.</span><span style=\"display:inherit;clear:left;\">TORM manages its capital structure for the Group as a whole in order to support our spot-based vessel </span><span style=\"display:inherit;clear:left;\">employment profile. This is done through a conservative leverage, a strong liquidity position and limited </span><span style=\"display:inherit;clear:left;\">off-balance sheet commitments. TORM continously stress tests the capital structure and liquidity </span><span style=\"display:inherit;clear:left;\">position as well as prepares cash flow forecasts to make sure the capital structure remains robust to </span><span style=\"display:inherit;clear:left;\">potential risks. Besides the liquidity position, the main considerations are loan-to-value ratio, </span><span style=\"display:inherit;clear:left;\">Distribution Policy, CAPEX commitments, terms and sources of funding vessel investments, hedging of </span><span style=\"display:inherit;clear:left;\">financial market risks and fleet employment strategy, hereunder entering into FFA contracts.</span><span style=\"display:inherit;clear:left;\">On March 2024, TORM amended the Distribution Policy with effect from the first quarter of 2024. With </span><span style=\"display:inherit;clear:left;\">this TORM intends to distribute on a quarterly basis excess liquidity above a threshold liquidity level. </span><span style=\"display:inherit;clear:left;\">The threshold liquidity level will be determined as the sum of i) the product of liquidity requirement per </span><span style=\"display:inherit;clear:left;\">vessel and the number of owned and leased vessels in TORM\u2019s fleet as at the balance sheet day and ii) a </span><span style=\"display:inherit;clear:left;\">discretionary element determined by the Board taking into consideration TORM\u2019s capital structure, </span><span style=\"display:inherit;clear:left;\">strategic opportunities, future obligations and market trends. </span><span style=\"display:inherit;clear:left;\">TORM\u2019s debt facilities include financial covenants related to:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Minimum liquidity (cash and cash equivalents minimum amount requirement at all times)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Minimum security value (loan-to-value for individual borrowings)</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Equity ratio (minimum level)</span><span style=\"display:inherit;clear:left;\">Financial covenants should be complied with on a daily basis, and is reported to counterparties on a </span><span style=\"display:inherit;clear:left;\">quarterly basis. During 2025, 2024 and 2023, TORM did not have any covenant breaches, and the </span><span style=\"display:inherit;clear:left;\">Management has assessed that a covenant breach in the near future is remote. Please refer to Note 19 </span><span style=\"display:inherit;clear:left;\">for further information on facilities with financial covenants.</span><span style=\"display:inherit;clear:left;\">Subsequent Events</span><span style=\"display:inherit;clear:left;\">On 06 January 2026, Hafnia Limited completed the previously announced purchase of approximately </span><span style=\"display:inherit;clear:left;\">14.2 million TORM A-shares, representing 13.97% of the Company\u2019s issued share capital at 31 </span><span style=\"display:inherit;clear:left;\">December 2025. Following the transaction, and as Oaktree\u2019s shareholding had fallen below one third of </span><span style=\"display:inherit;clear:left;\">the issued A-shares prior to completion, the special governance rights attached to the Company\u2019s B-</span><span style=\"display:inherit;clear:left;\">share and C-share lapsed in accordance with the Articles of Association, and both shares were formally </span><span style=\"display:inherit;clear:left;\">redeemed in early January 2026. These events occurred after the reporting date and do not give rise to </span><span style=\"display:inherit;clear:left;\">adjustments to the consolidated financial statements for the year ended 31 December 2025.</span><span style=\"display:inherit;clear:left;\">In January 2026, TORM delivered TORM Maren, which was held for sale as at 31 December 2025, to new </span><span style=\"display:inherit;clear:left;\">owners.</span><span style=\"display:inherit;clear:left;\">In January and February 2026, TORM Houston and TORM Emilie were repurchased from sale-and-</span><span style=\"display:inherit;clear:left;\">leaseback owners following the exercise of purchase options called by TORM in the end of 2025. The </span><span style=\"display:inherit;clear:left;\">remaining six vessels for which purchase options were also called in the end of 2025 will be repurchased </span><span style=\"display:inherit;clear:left;\">from sale-and-leaseback owners during the remaining part of the first half of 2026.</span><span style=\"display:inherit;clear:left;\">During January and February 2026, TORM took delivery of one 2018-build MR vessel, TORM Fortune, </span><span style=\"display:inherit;clear:left;\">and one 2016-build LR2 vessel, TORM Helga.</span><span style=\"display:inherit;clear:left;\">In January 2026, TORM made an amendment and restatement to the Syndicate Facilities 2025 to </span><span style=\"display:inherit;clear:left;\">finance eight vessel acquisitions entered into during the second half of 2025, increasing the total </span><span style=\"display:inherit;clear:left;\">commitment by USD 158.9m. As of the date of this report, drawdowns have been made for seven of the </span><span style=\"display:inherit;clear:left;\">eight vessel. The maturity of the Syndicate Facilities 2025 remains unchanged.</span><span style=\"display:inherit;clear:left;\">TORM\u2019s Board of Directors has on the date of this report declared an interim dividend for the fourth </span><span style=\"display:inherit;clear:left;\">quarter 2025 of USD 0.70 per share to be paid to shareholders corresponding to an expected total </span><span style=\"display:inherit;clear:left;\">dividend payment of USD 70.9m. The distribution for the quarter is equivalent to 82% of net profit and </span><span style=\"display:inherit;clear:left;\">reflects the Distribution Policy. The payment date is 25 March 2026 to all shareholders on record as of </span><span style=\"display:inherit;clear:left;\">12 March 2026, and the ex-dividend date is 11 March 2026 for the shares listed on Nasdaq OMX </span><span style=\"display:inherit;clear:left;\">Copenhagen and 12 March 2026 for the shares listed on Nasdaq New York. The dividends have not been </span><span style=\"display:inherit;clear:left;\">recognized as liabilities as at 31 December 2025 and there are no tax consequences.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__140": {
   "value": "<span style=\"display:inherit;clear:left;\">Subsequent Events</span><span style=\"display:inherit;clear:left;\">On 06 January 2026, Hafnia Limited completed the previously announced purchase of approximately </span><span style=\"display:inherit;clear:left;\">14.2 million TORM A-shares, representing 13.97% of the Company\u2019s issued share capital at 31 </span><span style=\"display:inherit;clear:left;\">December 2025. Following the transaction, and as Oaktree\u2019s shareholding had fallen below one third of </span><span style=\"display:inherit;clear:left;\">the issued A-shares prior to completion, the special governance rights attached to the Company\u2019s B-</span><span style=\"display:inherit;clear:left;\">share and C-share lapsed in accordance with the Articles of Association, and both shares were formally </span><span style=\"display:inherit;clear:left;\">redeemed in early January 2026. These events occurred after the reporting date and do not give rise to </span><span style=\"display:inherit;clear:left;\">adjustments to the consolidated financial statements for the year ended 31 December 2025.</span><span style=\"display:inherit;clear:left;\">In January 2026, TORM delivered TORM Maren, which was held for sale as at 31 December 2025, to new </span><span style=\"display:inherit;clear:left;\">owners.</span><span style=\"display:inherit;clear:left;\">In January and February 2026, TORM Houston and TORM Emilie were repurchased from sale-and-</span><span style=\"display:inherit;clear:left;\">leaseback owners following the exercise of purchase options called by TORM in the end of 2025. The </span><span style=\"display:inherit;clear:left;\">remaining six vessels for which purchase options were also called in the end of 2025 will be repurchased </span><span style=\"display:inherit;clear:left;\">from sale-and-leaseback owners during the remaining part of the first half of 2026.</span><span style=\"display:inherit;clear:left;\">During January and February 2026, TORM took delivery of one 2018-build MR vessel, TORM Fortune, </span><span style=\"display:inherit;clear:left;\">and one 2016-build LR2 vessel, TORM Helga.</span><span style=\"display:inherit;clear:left;\">In January 2026, TORM made an amendment and restatement to the Syndicate Facilities 2025 to </span><span style=\"display:inherit;clear:left;\">finance eight vessel acquisitions entered into during the second half of 2025, increasing the total </span><span style=\"display:inherit;clear:left;\">commitment by USD 158.9m. As of the date of this report, drawdowns have been made for seven of the </span><span style=\"display:inherit;clear:left;\">eight vessel. The maturity of the Syndicate Facilities 2025 remains unchanged.</span><span style=\"display:inherit;clear:left;\">TORM\u2019s Board of Directors has on the date of this report declared an interim dividend for the fourth </span><span style=\"display:inherit;clear:left;\">quarter 2025 of USD 0.70 per share to be paid to shareholders corresponding to an expected total </span><span style=\"display:inherit;clear:left;\">dividend payment of USD 70.9m. The distribution for the quarter is equivalent to 82% of net profit and </span><span style=\"display:inherit;clear:left;\">reflects the Distribution Policy. The payment date is 25 March 2026 to all shareholders on record as of </span><span style=\"display:inherit;clear:left;\">12 March 2026, and the ex-dividend date is 11 March 2026 for the shares listed on Nasdaq OMX </span><span style=\"display:inherit;clear:left;\">Copenhagen and 12 March 2026 for the shares listed on Nasdaq New York. The dividends have not been </span><span style=\"display:inherit;clear:left;\">recognized as liabilities as at 31 December 2025 and there are no tax consequences.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__143": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 3 \u2013 SEGMENT</span><span style=\"display:inherit;clear:left;\">Segment Reporting - Consolidated Income Statement</span><span style=\"display:inherit;clear:left;position:relative;height:307.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 963.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.307px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.223px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 368.953px; top: 16.5039px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 442.109px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 640.844px; top: 16.5195px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 712.266px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 911.172px; top: 16.5195px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 984.844px; top: 16.5039px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 294.406px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 340.25px; top: 30.0039px; width: 65.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.469px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.453px; top: 30.0195px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 696.281px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 837.641px; top: 30.0039px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 882.781px; top: 30.0195px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 966.812px; top: 30.0039px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.672px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 357.672px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.297px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 556.859px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.484px; top: 43.5195px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.297px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 827.031px; top: 43.5039px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 900.812px; top: 43.5195px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 955.281px; top: 43.5039px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7949px; width: 1080.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,314.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.0312px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,544.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,491.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6699px; width: 1081.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Port expenses, bunkers, and commissions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.5897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-404.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-404.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-409.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-409.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-407.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-407.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5449px; width: 1080.84px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other cost of goods and services sold</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-24.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-18.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-36.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-22.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.42px; width: 1081.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 195.808px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-253.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-252.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-245.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-245.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-216.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-216.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.295px; width: 1080.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit from sale of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.57px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 145.17px; width: 1080.8px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-106.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-113.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-87.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-95.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-76.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-82.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 162.045px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other operating income and expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 178.92px; width: 1081.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation and amortization</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-213.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-214.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-191.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-192.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-148.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-149.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 195.379px; width: 1080.97px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating profit (EBIT)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.904px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">354.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">356.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">658.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">699.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">698.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.545px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 1081.08px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.164px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-73.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-74.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-60.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-60.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.879px; width: 1080.83px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit before tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">293.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">611.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">609.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">652.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">652.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.045px; width: 1080.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 293.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 295.504px; width: 1081.12px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net profit for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">284.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">286.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">614.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">611.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.0</span></span></span><span style=\"display:inherit;clear:left;\">The eliminations above represent revenue and other costs of goods and services sold from the </span><span style=\"display:inherit;clear:left;\">installation of scrubbers and related services performed by the Marine Engineering entities on tanker </span><span style=\"display:inherit;clear:left;\">vessels within the Tanker segment. All revenue from the Tanker segment is derived from external </span><span style=\"display:inherit;clear:left;\">customers.</span><span style=\"display:inherit;clear:left;position:relative;height:79.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 183.264px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Geographical allocation of revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 522.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">UK</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 339.205px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">88.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">88.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 523.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">All other countries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,270.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,470.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,432.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 522.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 308.9px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4</span></span></span><span style=\"display:inherit;clear:left;\">Below is presented the countries contributing more than 10% of TORM's revenue. </span><span style=\"display:inherit;clear:left;position:relative;height:79.166015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 208.641px; top: 0.0039062px; width: 271.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.9355px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 93.6446px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 3.37891px; width: 151.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Countries contributing more </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 153.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">than 10% of TORM's revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 184.688px; top: 16.8789px; width: 341.279px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.9824px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 8.66018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">% of total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 525.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Switzerland</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">205.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">264.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">17.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">242.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">16.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 525.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United States</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.041px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">199.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">14.9 %</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">243.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">15.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">182.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 525.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 99.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span></span><span style=\"display:inherit;clear:left;\">Revenue is allocated to countries based on the customer\u2019s ultimate parent domicile.</span><span style=\"display:inherit;clear:left;\">Segment Reporting - Consolidated Balance Sheet </span><span style=\"display:inherit;clear:left;position:relative;height:575.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 392.531px; top: 0.0039062px; width: 570.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.223px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 368.375px; top: 16.8945px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 442.109px; top: 16.8789px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 640.844px; top: 16.8945px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 712.266px; top: 16.8789px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 911.172px; top: 16.8945px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 984.844px; top: 16.8789px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 294.406px; top: 30.3789px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 339.984px; top: 30.3945px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 30.3789px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.469px; top: 30.3789px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 612.453px; top: 30.3945px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 696.281px; top: 30.3789px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 837.641px; top: 30.3789px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 882.781px; top: 30.3945px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 966.812px; top: 30.3789px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.2949px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.672px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 358.016px; top: 43.8945px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.297px; top: 43.8789px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 556.859px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.484px; top: 43.8945px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.297px; top: 43.8789px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 827.031px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 900.812px; top: 43.8945px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 955.281px; top: 43.8789px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7539px; width: 753.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ASSETS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 503.726px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6289px; width: 753.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Intangible assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 455.655px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.9199px; width: 1080.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Goodwill</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.795px; width: 1081.14px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other intangible assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.254px; width: 1081.15px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total intangible assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.062px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.004px; width: 812.918px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tangible fixed assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 490.811px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0705px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.295px; width: 1081.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and buildings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.176px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 187.17px; width: 1081.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessels and capitalized dry-docking</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.492px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,806.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,792.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,843.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,826.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,081.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 28.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,070.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 204.045px; width: 1080.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepayments on vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.92px; width: 1081.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current assets under construction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.9355px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.795px; width: 1081.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant and operating equipment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 126.082px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 254.254px; width: 1080.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total tangible fixed assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 151.301px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,830.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,821.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,854.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,842.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.8457px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,175.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,170.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.004px; width: 804.439px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 508.571px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0705px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 296.295px; width: 1080.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Investments in joint ventures</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 313.17px; width: 1080.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 330.045px; width: 1080.8px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax asset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.068px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 346.92px; width: 1081.31px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other investments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.068px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 363.379px; width: 1080.97px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.978px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 388.129px; width: 1081.14px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total non-current assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.762px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,839.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,835.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,863.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,854.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,181.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,178.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 413.295px; width: 1081.01px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inventories</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">63.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">66.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">62.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 430.17px; width: 1081.39px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">179.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">206.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 447.045px; width: 1081.01px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.176px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">54.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">59.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 463.92px; width: 1080.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepayments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.516px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 480.795px; width: 1081.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents incl. restricted cash</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">155.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">284.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">290.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 497.254px; width: 1080.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current assets excluding assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">484.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">507.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">592.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">615.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">624.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">644.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 522.42px; width: 1080.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.955px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.5392px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 63.1523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 538.879px; width: 1080.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total current assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 194.062px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">508.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">531.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">592.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">615.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">671.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">691.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 563.629px; width: 1080.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TOTAL ASSETS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 210.181px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,347.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,367.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,456.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,469.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,853.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-12.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,870.1</span></span></span><span style=\"display:inherit;clear:left;\">Segment Reporting - Consolidated Balance Sheet </span><span style=\"display:inherit;clear:left;position:relative;height:524.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 392.531px; top: 0.0039062px; width: 570.469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 243.223px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 368.375px; top: 16.8945px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 442.109px; top: 16.8789px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 638.531px; top: 16.8789px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 712.266px; top: 16.8789px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 911.172px; top: 16.8945px; width: 38.3789px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 984.844px; top: 16.8789px; width: 29.2969px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Inter-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 294.406px; top: 30.3789px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 339.984px; top: 30.3945px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 425.172px; top: 30.3789px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 566.469px; top: 30.3789px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 611.594px; top: 30.3789px; width: 65.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 696.281px; top: 30.3789px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 837.641px; top: 30.3789px; width: 39.1406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 882.781px; top: 30.3945px; width: 68.3379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Engineering  </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 966.812px; top: 30.3789px; width: 48.8613px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.2949px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 285.672px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 358.016px; top: 43.8945px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 412.297px; top: 43.8789px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 556.859px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 628.953px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 684.297px; top: 43.8789px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 827.031px; top: 43.8789px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 900.812px; top: 43.8945px; width: 46.2422px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">segment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 955.281px; top: 43.8789px; width: 125.859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7539px; width: 130.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EQUITY AND LIABILITIES</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6289px; width: 1080.96px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 227.906px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,196.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-12.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,202.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,072.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-9.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,074.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,661.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,666.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.379px; width: 753.205px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 495.75px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.67px; width: 1086.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current tax liabilit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">y related to held-over gain</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 136.545px; width: 1086.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax liability</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.42px; width: 1086.53px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">787.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">789.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,060.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,061.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">884.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">886.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 170.295px; width: 1086.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.736px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 186.754px; width: 1081.04px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.834px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">835.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">838.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,108.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,109.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">934.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">938.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 211.92px; width: 1086.69px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 217.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">213.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">165.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">169.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">172.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 228.795px; width: 1086.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 245.67px; width: 1086.89px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current tax liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.893px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 262.545px; width: 1086.56px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">66.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.9727px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 279.42px; width: 1086.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Provisions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 296.295px; width: 1086.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepayments from customers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.848px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 312.754px; width: 1081.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.391px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">315.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">326.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">274.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">285.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">265.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 336.379px; width: 1081.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,151.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,164.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.8457px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,383.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,394.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,192.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,204.1</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 361.129px; width: 1080.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TOTAL EQUITY AND LIABILITIES</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.848px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,347.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,367.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,456.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,469.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,853.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-12.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,870.1</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 394.879px; width: 812.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current asset additions during the year:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 368.643px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.0705px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 412.17px; width: 1086.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other intangible assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.141px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 429.045px; width: 1086.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and buildings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 445.92px; width: 1086.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessels and capitalized dry-docking</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1134px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">297.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">298.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">798.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">792.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">520.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">516.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 462.795px; width: 1086.54px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepayments on vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">111.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">111.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 479.67px; width: 1086.81px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current assets under construction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 496.545px; width: 1086.86px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant and operating equipment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.004px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 39.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.9435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 513.004px; width: 1080.95px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total non-current asset additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.486px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">318.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">324.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">916.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">912.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.1992px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">612.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">612.9</span></span></span><span style=\"display:inherit;clear:left;\">The Company\u2019s non-current assets are based on domicile of the legal entity ownership in the following </span><span style=\"display:inherit;clear:left;\">countries:</span><span style=\"display:inherit;clear:left;position:relative;height:112.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 531.961px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">UK</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 300.123px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">499.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">357.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 531.961px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 269.572px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,411.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,604.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,746.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 262.975px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">835.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">799.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">336.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USA</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">79.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other countries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 234.75px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 531.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 212.478px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,830.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,846.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,173.9 </span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">The segmentation is based on the Group\u2019s internal management and reporting structure. The Group has </span><span style=\"display:inherit;clear:left;\">two operating segments, the Tanker segment, for which the services provided primarily comprise </span><span style=\"display:inherit;clear:left;\">transportation of refined oil products such as gasoline, jet fuel, and naphtha, and the Marine </span><span style=\"display:inherit;clear:left;\">Engineering segment for which the services provided primarily comprise developing and producing </span><span style=\"display:inherit;clear:left;\">advanced and green marine equipment.</span><span style=\"display:inherit;clear:left;\">Transactions between the segments are based on market-related prices and are eliminated at Group </span><span style=\"display:inherit;clear:left;\">level.</span><span style=\"display:inherit;clear:left;\">TORM considers the global product tanker market as a whole, and as the individual vessels are not </span><span style=\"display:inherit;clear:left;\">limited to specific parts of the world, the Group has only one geographical segment for the Tanker </span><span style=\"display:inherit;clear:left;\">segment. Further, the internal management reporting does not provide geographical information for </span><span style=\"display:inherit;clear:left;\">either the Tanker segment or the Marine Engineering segment. Consequently, geographical segment </span><span style=\"display:inherit;clear:left;\">information on revenue from external customers or non-current segment assets for the Tanker </span><span style=\"display:inherit;clear:left;\">segment or the Marine Engineering segment are not provided.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__144": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">The segmentation is based on the Group\u2019s internal management and reporting structure. The Group has </span><span style=\"display:inherit;clear:left;\">two operating segments, the Tanker segment, for which the services provided primarily comprise </span><span style=\"display:inherit;clear:left;\">transportation of refined oil products such as gasoline, jet fuel, and naphtha, and the Marine </span><span style=\"display:inherit;clear:left;\">Engineering segment for which the services provided primarily comprise developing and producing </span><span style=\"display:inherit;clear:left;\">advanced and green marine equipment.</span><span style=\"display:inherit;clear:left;\">Transactions between the segments are based on market-related prices and are eliminated at Group </span><span style=\"display:inherit;clear:left;\">level.</span><span style=\"display:inherit;clear:left;\">TORM considers the global product tanker market as a whole, and as the individual vessels are not </span><span style=\"display:inherit;clear:left;\">limited to specific parts of the world, the Group has only one geographical segment for the Tanker </span><span style=\"display:inherit;clear:left;\">segment. Further, the internal management reporting does not provide geographical information for </span><span style=\"display:inherit;clear:left;\">either the Tanker segment or the Marine Engineering segment. Consequently, geographical segment </span><span style=\"display:inherit;clear:left;\">information on revenue from external customers or non-current segment assets for the Tanker </span><span style=\"display:inherit;clear:left;\">segment or the Marine Engineering segment are not provided.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__145": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 4 \u2013 REVENUE FROM CONTRACTS WITH CUSTOMERS</span><span style=\"display:inherit;clear:left;position:relative;height:186.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 139.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disaggregation of revenue</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.195px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transportation of oil products and chemicals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 84.8085px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,314.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,544.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,491.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Scrubbers and related services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.141px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Welding and mounting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.766px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Others</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 531.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.92px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker segment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.02px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,314.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,544.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,491.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.795px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine Engineering segment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.67px; width: 532.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Intersegment elimination</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-14.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-19.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.129px; width: 531.809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total revenue</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,339.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,559.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,520.4 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:113.31640625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.25px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.25px; top: 16.9199px; width: 145.805px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Customer contract balances</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.25px; top: 33.7949px; width: 528.486px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 224.179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 32.2148px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.25px; top: 50.6699px; width: 528.457px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Customer contract assets\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.57px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.25px; top: 67.5449px; width: 528.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Customer contract liabilities\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 163.447px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 4.25px; top: 84.3789px; width: 528.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 288.873px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.5977px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">178.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">210.1 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 104.32px; width: 132.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> Re</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">cog</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ni</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">zed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> in</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> pr</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ep</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">aym</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ent</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 9px; font-family: ff2; -webkit-text-stroke: 0.135px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s.</span></span></span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Re<span class=\"_ _31\"></span>cog<span class=\"_ _31\"></span>ni<span class=\"_ _31\"></span>zed<span class=\"_ _31\"></span> in<span class=\"_ _31\"></span> pr<span class=\"_ _31\"></span>ep<span class=\"_ _31\"></span>aym<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>fro<span class=\"_ _31\"></span>m c<span class=\"_ _31\"></span>ust<span class=\"_ _31\"></span>om<span class=\"_ _31\"></span>ers<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Refer to Note 14 for further information on trade receivables. Customer contract assets primarily relate </span><span style=\"display:inherit;clear:left;\">to prepaid voyage expenses until the cargo load date. During the year, USD 2.4m was recognized </span><span style=\"display:inherit;clear:left;\">relating to customer contracts entered in 2024 (2024: USD 2.5m relating to 2023, 2023: USD 3.0m </span><span style=\"display:inherit;clear:left;\">relating to 2022). Customer contract liabilities primarily relate to prepaid charter hire and prepayments </span><span style=\"display:inherit;clear:left;\">received by customers in connection with scrubber installations. The change in customer contract </span><span style=\"display:inherit;clear:left;\">liabilities during the year is primarily caused by a change in prepaid charter hire of USD 4.0m.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">Revenue</span><span style=\"display:inherit;clear:left;\">Income is recognized in the income statement when:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The income generating activities have been carried out on the basis of a binding agreement</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The income can be measured reliably</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>It is probable that the economic benefits associated with the transaction will flow to the Company</span><span style=\"display:inherit;clear:left;\">Revenue comprises freight, charter hire, and demurrage revenue from the vessels as well as Marine </span><span style=\"display:inherit;clear:left;\">Engineering revenue. Revenue is recognized when or as performance obligations are satisfied by </span><span style=\"display:inherit;clear:left;\">transferring services to the customer, i.e. over time, provided that the stage of completion can be </span><span style=\"display:inherit;clear:left;\">measured reliably. Revenue is measured as the consideration that the Group expects to be entitled to. </span><span style=\"display:inherit;clear:left;\">Freight revenue including charter hire and demurrage (and related voyage costs) are recognized in the </span><span style=\"display:inherit;clear:left;\">income statement according to the entered charter parties from the date of load to the date of delivery </span><span style=\"display:inherit;clear:left;\">of the cargo (discharge). </span><span style=\"display:inherit;clear:left;\">The completion is determined using the load-to-discharge method based on the percentage of the </span><span style=\"display:inherit;clear:left;\">estimated duration of the voyage completed at the reporting date because the customer receives the </span><span style=\"display:inherit;clear:left;\">benefit during the voyage as it is provided. </span><span style=\"display:inherit;clear:left;\">Cross-over voyages</span><span style=\"display:inherit;clear:left;\">For cross-over voyages (voyages in progress at the end of a reporting period), the uncertainty and the </span><span style=\"display:inherit;clear:left;\">dependence on estimates are greater than for finalized voyages. The Company recognizes a </span><span style=\"display:inherit;clear:left;\">percentage of the estimated revenue for the voyage equal to the percentage of the estimated duration </span><span style=\"display:inherit;clear:left;\">of the voyage completed at the balance sheet date. The estimate of revenue is based on the expected </span><span style=\"display:inherit;clear:left;\">duration and destination of the voyage.</span><span style=\"display:inherit;clear:left;\">When recognizing revenue, there is a risk that the actual number of days it takes to complete the </span><span style=\"display:inherit;clear:left;\">voyage will differ from the estimate. The contract for a single voyage may state several alternative </span><span style=\"display:inherit;clear:left;\">destination ports. The destination port may change during the voyage, and the rate may vary </span><span style=\"display:inherit;clear:left;\">depending on the destination port. Changes to the estimated duration of the voyage as well as </span><span style=\"display:inherit;clear:left;\">changing destinations and weather conditions will affect the voyage expenses.</span><span style=\"display:inherit;clear:left;\">Demurrage revenue</span><span style=\"display:inherit;clear:left;\">Freight contracts contain conditions regarding the amount of time available for loading and discharging </span><span style=\"display:inherit;clear:left;\">of the vessel. If these conditions are breached, TORM is compensated for the additional time incurred in </span><span style=\"display:inherit;clear:left;\">the form of demurrage revenue. Demurrage revenue is recognized in accordance with the terms and </span><span style=\"display:inherit;clear:left;\">conditions of the charter parties. Upon completion of the voyage, the Company assesses the time </span><span style=\"display:inherit;clear:left;\">spent in port, and a demurrage claim based on the relevant contractual conditions is submitted to the </span><span style=\"display:inherit;clear:left;\">charterers. The claim will often be met by counterclaims due to differences in the interpretation of the </span><span style=\"display:inherit;clear:left;\">agreement compared to the actual circumstances of the additional time used. Based on previous </span><span style=\"display:inherit;clear:left;\">experience, 97% of the demurrage claim submitted is recognized as demurrage revenue upon initial </span><span style=\"display:inherit;clear:left;\">recognition. For cross-over voyages, an estimate of incurred demurrage is recognized at the balance </span><span style=\"display:inherit;clear:left;\">sheet date.</span><span style=\"display:inherit;clear:left;\">The Company receives the demurrage payment upon reaching final agreement on the amount, which </span><span style=\"display:inherit;clear:left;\">could be up to approximately 100 days after the original demurrage claim was submitted. Any </span><span style=\"display:inherit;clear:left;\">adjustments to the final agreement are recognized as demurrage revenue.</span><span style=\"display:inherit;clear:left;\">Marine Engineering revenue</span><span style=\"display:inherit;clear:left;\">Some of the Group\u2019s contracts with customers relate to the sale of marine engineering equipment with </span><span style=\"display:inherit;clear:left;\">installation services. Customers obtain control of the marine engineering equipment with installation </span><span style=\"display:inherit;clear:left;\">services when the goods are delivered to the customer, they have completed commissioning and </span><span style=\"display:inherit;clear:left;\">delivery has been accepted by the customers. When without installation services, customers obtain </span><span style=\"display:inherit;clear:left;\">control of the marine engineering equipment when the goods are delivered to and have been accepted </span><span style=\"display:inherit;clear:left;\">by the customers.</span><span style=\"display:inherit;clear:left;\">Revenue is thus recognized upon the customers obtaining control. There is generally only one </span><span style=\"display:inherit;clear:left;\">performance obligation related hereto. </span><span style=\"display:inherit;clear:left;\">A warranty provision is recognized for expected repair costs related to warranty claims for sold marine </span><span style=\"display:inherit;clear:left;\">engineering equipment within the standard warranty period of one year. These provisions are </span><span style=\"display:inherit;clear:left;\">recognized when the equipment is sold and are based on historical experience. The warranty provision </span><span style=\"display:inherit;clear:left;\">estimates are updated annually.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__146": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">Revenue</span><span style=\"display:inherit;clear:left;\">Income is recognized in the income statement when:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The income generating activities have been carried out on the basis of a binding agreement</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The income can be measured reliably</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>It is probable that the economic benefits associated with the transaction will flow to the Company</span><span style=\"display:inherit;clear:left;\">Revenue comprises freight, charter hire, and demurrage revenue from the vessels as well as Marine </span><span style=\"display:inherit;clear:left;\">Engineering revenue. Revenue is recognized when or as performance obligations are satisfied by </span><span style=\"display:inherit;clear:left;\">transferring services to the customer, i.e. over time, provided that the stage of completion can be </span><span style=\"display:inherit;clear:left;\">measured reliably. Revenue is measured as the consideration that the Group expects to be entitled to. </span><span style=\"display:inherit;clear:left;\">Freight revenue including charter hire and demurrage (and related voyage costs) are recognized in the </span><span style=\"display:inherit;clear:left;\">income statement according to the entered charter parties from the date of load to the date of delivery </span><span style=\"display:inherit;clear:left;\">of the cargo (discharge). </span><span style=\"display:inherit;clear:left;\">The completion is determined using the load-to-discharge method based on the percentage of the </span><span style=\"display:inherit;clear:left;\">estimated duration of the voyage completed at the reporting date because the customer receives the </span><span style=\"display:inherit;clear:left;\">benefit during the voyage as it is provided. </span><span style=\"display:inherit;clear:left;\">Cross-over voyages</span><span style=\"display:inherit;clear:left;\">For cross-over voyages (voyages in progress at the end of a reporting period), the uncertainty and the </span><span style=\"display:inherit;clear:left;\">dependence on estimates are greater than for finalized voyages. The Company recognizes a </span><span style=\"display:inherit;clear:left;\">percentage of the estimated revenue for the voyage equal to the percentage of the estimated duration </span><span style=\"display:inherit;clear:left;\">of the voyage completed at the balance sheet date. The estimate of revenue is based on the expected </span><span style=\"display:inherit;clear:left;\">duration and destination of the voyage.</span><span style=\"display:inherit;clear:left;\">When recognizing revenue, there is a risk that the actual number of days it takes to complete the </span><span style=\"display:inherit;clear:left;\">voyage will differ from the estimate. The contract for a single voyage may state several alternative </span><span style=\"display:inherit;clear:left;\">destination ports. The destination port may change during the voyage, and the rate may vary </span><span style=\"display:inherit;clear:left;\">depending on the destination port. Changes to the estimated duration of the voyage as well as </span><span style=\"display:inherit;clear:left;\">changing destinations and weather conditions will affect the voyage expenses.</span><span style=\"display:inherit;clear:left;\">Demurrage revenue</span><span style=\"display:inherit;clear:left;\">Freight contracts contain conditions regarding the amount of time available for loading and discharging </span><span style=\"display:inherit;clear:left;\">of the vessel. If these conditions are breached, TORM is compensated for the additional time incurred in </span><span style=\"display:inherit;clear:left;\">the form of demurrage revenue. Demurrage revenue is recognized in accordance with the terms and </span><span style=\"display:inherit;clear:left;\">conditions of the charter parties. Upon completion of the voyage, the Company assesses the time </span><span style=\"display:inherit;clear:left;\">spent in port, and a demurrage claim based on the relevant contractual conditions is submitted to the </span><span style=\"display:inherit;clear:left;\">charterers. The claim will often be met by counterclaims due to differences in the interpretation of the </span><span style=\"display:inherit;clear:left;\">agreement compared to the actual circumstances of the additional time used. Based on previous </span><span style=\"display:inherit;clear:left;\">experience, 97% of the demurrage claim submitted is recognized as demurrage revenue upon initial </span><span style=\"display:inherit;clear:left;\">recognition. For cross-over voyages, an estimate of incurred demurrage is recognized at the balance </span><span style=\"display:inherit;clear:left;\">sheet date.</span><span style=\"display:inherit;clear:left;\">The Company receives the demurrage payment upon reaching final agreement on the amount, which </span><span style=\"display:inherit;clear:left;\">could be up to approximately 100 days after the original demurrage claim was submitted. Any </span><span style=\"display:inherit;clear:left;\">adjustments to the final agreement are recognized as demurrage revenue.</span><span style=\"display:inherit;clear:left;\">Marine Engineering revenue</span><span style=\"display:inherit;clear:left;\">Some of the Group\u2019s contracts with customers relate to the sale of marine engineering equipment with </span><span style=\"display:inherit;clear:left;\">installation services. Customers obtain control of the marine engineering equipment with installation </span><span style=\"display:inherit;clear:left;\">services when the goods are delivered to the customer, they have completed commissioning and </span><span style=\"display:inherit;clear:left;\">delivery has been accepted by the customers. When without installation services, customers obtain </span><span style=\"display:inherit;clear:left;\">control of the marine engineering equipment when the goods are delivered to and have been accepted </span><span style=\"display:inherit;clear:left;\">by the customers.</span><span style=\"display:inherit;clear:left;\">Revenue is thus recognized upon the customers obtaining control. There is generally only one </span><span style=\"display:inherit;clear:left;\">performance obligation related hereto. </span><span style=\"display:inherit;clear:left;\">A warranty provision is recognized for expected repair costs related to warranty claims for sold marine </span><span style=\"display:inherit;clear:left;\">engineering equipment within the standard warranty period of one year. These provisions are </span><span style=\"display:inherit;clear:left;\">recognized when the equipment is sold and are based on historical experience. The warranty provision </span><span style=\"display:inherit;clear:left;\">estimates are updated annually.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__149": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 5 \u2013 STAFF COSTS</span><span style=\"display:inherit;clear:left;\">Employee Information</span><span style=\"display:inherit;clear:left;\">Staff costs included in operating expenses relate to the 105 seafarers employed under Danish </span><span style=\"display:inherit;clear:left;\">contracts (2024: 109, 2023:105).</span><span style=\"display:inherit;clear:left;\">The average number of employees is calculated as a full-time equivalent (FTE).</span><span style=\"display:inherit;clear:left;\">The Executive Director is, in the event of termination by the Company, entitled to a severance payment </span><span style=\"display:inherit;clear:left;\">of up to 12 months' salary.</span><span style=\"display:inherit;clear:left;position:relative;height:282.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 471.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 87.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total staff costs</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 473.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 473.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.0039px; width: 180.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs comprise the following</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.295px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Wages and salaries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.17px; width: 473.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share-based compensation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.045px; width: 473.361px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 160.92px; width: 473.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other social security costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.103px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.795px; width: 473.508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other staff costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.254px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.129px; width: 219.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average number of permanent employees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seafarers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 210.181px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 254.295px; width: 473.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land-based</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">529 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.754px; width: 473.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">634</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">607</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">573</span><span style=\"display: inline-block;\"> </span></span></span><span style=\"display:inherit;clear:left;\">At the end of 2025 TORM has a pool of 3,804 (2024: 3,677, 2023: 3,271) seafarers.</span><span style=\"display:inherit;clear:left;\">The majority of seafarers on vessels are on short-term contracts. The average number of seafarers on </span><span style=\"display:inherit;clear:left;\">board vessels on short-term contracts in 2025 was 1,753 (2024: 1,721, 2023: 1,625).</span><span style=\"display:inherit;clear:left;\">Total seafarers\u2019 costs in 2025 were USD148.7m (2024: USD 141.4m, 2023: USD 127.1m), which is </span><span style=\"display:inherit;clear:left;\">included in \u201cOperating expenses\u201d of which USD138.8m (2024: USD 131.8m, 2023: USD 118.5m) </span><span style=\"display:inherit;clear:left;\">pertains to cost for seafarers on board vessels on short term contracts and USD 9.9m (2024: USD </span><span style=\"display:inherit;clear:left;\">9.6m, 2023: USD 8.6m) pertains to cost for seafarers employed under the Danish contract as indicated </span><span style=\"display:inherit;clear:left;\">in the staff costs table above. </span><span style=\"display:inherit;clear:left;position:relative;height:126px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 303.99px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 304.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Executive Board and Committee remuneration, short </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.0039px; width: 24.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">term</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Christopher H. Boehringer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.391px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">212 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">David N. Weinstein</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.318px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.0449px; width: 531.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">G\u00f6ran Trapp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.9199px; width: 532.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Annette Malm Justad</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.756px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">755 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">761 </span></span></span><span style=\"display:inherit;clear:left;\">Executive Management</span><span style=\"display:inherit;clear:left;position:relative;height:187.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 341.891px; top: 0.0039062px; width: 35.9062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">An</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 415.125px; top: 0.0039062px; width: 34.5762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sh</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 262.781px; top: 13.5039px; width: 44.0684px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 13.5039px; width: 65.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ma</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.812px; top: 13.5039px; width: 34.0488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ba</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.3789px; width: 230.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 260.406px; top: 27.0039px; width: 43.7754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 344.812px; top: 27.0039px; width: 31.7285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 118.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ym</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.2949px; width: 122.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Executive Management </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 68.7188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remuneration</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2539px; width: 90.9727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Jacob Meldgaard</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5039px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,119 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,277 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,436 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.379px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,383 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,460 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.254px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,141 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,414 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.129px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,530 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,606 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.004px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,393 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,668 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.879px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">80 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,574 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,654 </span></span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Pa<span class=\"_ _31\"></span>id <span class=\"_ _31\"></span>by<span class=\"_ _31\"></span> le<span class=\"_ _31\"></span>gal<span class=\"_ _31\"></span> en<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>ty <span class=\"_ _31\"></span>as <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Senior Management Team</span><span style=\"display:inherit;clear:left;\">The aggregated compensation expensed by the Group to the three (2024: three, 2023: three) other </span><span style=\"display:inherit;clear:left;\">members of the Senior Management Team in 2025 (excluding CEO Jacob Meldgaard) was  USD 10.5m </span><span style=\"display:inherit;clear:left;\">(2024: USD 9.5m, 2023: USD 7.5m), which includes an aggregate of USD 0.2m (2024: USD 0.1m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.1m) allocated for pensions (defined contribution plans) and share-based payment of USD 8.2m<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">(2023: USD 7.5m, 2022: USD 6.0m) for these individuals. </span><span style=\"display:inherit;clear:left;position:relative;height:108.509765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 364.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LTIP element of CEO Jacob Meldgaard's remuneration package </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 177.422px; top: 15.8477px; width: 345.082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.0977px; width: 521.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Grant Date</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.863px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">07-Mar-24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">06-Mar-25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23-Sep-25</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.0137px; width: 521.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU LTIP grant\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0292px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">300,000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">500,000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.8887px; width: 522.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price per share</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 220.60</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 258.40</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 162.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7637px; width: 137.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU grant value assuming </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.2637px; width: 521.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100% vesting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 2.5m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 10.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 1.9m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 9.1m</span></span></span><span style=\"display:inherit;clear:left;\">TORM operates an equity-settled, share-based compensation plan. The fair value of the employee </span><span style=\"display:inherit;clear:left;\">services received in exchange for the grant of shares is recognized as an expense and allocated over </span><span style=\"display:inherit;clear:left;\">the vesting period. Employment in TORM throughout the period is in most cases a prerequisite for </span><span style=\"display:inherit;clear:left;\">upholding the full vesting rights in the RSU program. For voluntary leavers subject to the Danish Stock </span><span style=\"display:inherit;clear:left;\">Options Act, the RSUs will vest in accordance with the vesting schedule, but for all other leavers, all </span><span style=\"display:inherit;clear:left;\">unvested RSUs shall be immediately forfeited for no consideration. Options are granted under the plan </span><span style=\"display:inherit;clear:left;\">for no consideration and carry no dividend or voting rights.</span><span style=\"display:inherit;clear:left;\">In accordance with its Remuneration Policy, TORM has granted the CEO a number of Restricted Share </span><span style=\"display:inherit;clear:left;\">Units (RSUs). There are no performance conditions associated with this grant of RSUs.</span><span style=\"display:inherit;clear:left;\">Refer to Long-Term Incentive Program \u2013 restricted share units granted to the Executive Director in the </span><span style=\"display:inherit;clear:left;\">remuneration report for further information. RSUs granted to the CEO vest in equal installments over </span><span style=\"display:inherit;clear:left;\">three years.</span><span style=\"display:inherit;clear:left;\">Vested RSUs may be exercised for a period of 360 days from each vesting date. Details of the CEO\u2019s </span><span style=\"display:inherit;clear:left;\">awards and interests in Restricted Share Units are set out in the remuneration report.</span><span style=\"display:inherit;clear:left;\">The single figure remuneration table for the CEO does not include any amounts in relation to the RSU </span><span style=\"display:inherit;clear:left;\">awards as there are no performance conditions associated with this grant of RSUs. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 29 March 2023, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next three years. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 01 January 2024. The exercise price for each RSU is <span class=\"fs1\">DKK 220.6</span>, corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2022 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium adjusted for the dividend payment related to TORM\u2019s fourth quarter 2022 </span><span style=\"display:inherit;clear:left;\">results. Vested RSUs may be exercised for a period of  360 days from each vesting date. In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the CEO is granted a total of <span class=\"fs1\">300,000</span> RSUs in the Additional Retention </span><span style=\"display:inherit;clear:left;\">Program on similar terms as outlined above, with the exception that the strike price for these RSUs is </span><span style=\"display:inherit;clear:left;\">set to <span class=\"fs1\">one</span> US cent and that all RSUs will vest on 01 March 2026. As stated in Company Announcement </span><span style=\"display:inherit;clear:left;\">No. 21, the Board of Directors has resolved to accelerate the vesting date to 07 November 2025. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 7 March 2024, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years.</span> The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2025. The exercise price for each RSU is <span class=\"fs1\">DKK 258.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2023 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.</span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 2 issued on 6 March 2025, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years</span>. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2026. The exercise price for each RSU is <span class=\"fs1\">DKK 162.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2024 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.  In addition to the RSUs granted above, as detailed in announcement no. 21 issued on 23 </span><span style=\"display:inherit;clear:left;\">September 2025, the CEO is granted a total of <span class=\"fs1\">500,000</span> RSUs in the Additional Retention Program on </span><span style=\"display:inherit;clear:left;\">similar terms as outlined above, with the exception that the strike price for these RSUs is set to <span class=\"fs1\">one</span> US </span><span style=\"display:inherit;clear:left;\">cent and that all RSUs will vest on 1 October 2028.</span><span style=\"display:inherit;clear:left;\">Long-term employee benefit obligations</span><span style=\"display:inherit;clear:left;\">The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units </span><span style=\"display:inherit;clear:left;\">in TORM plc at a determinable price to the entity's key personnel, including the CEO. The RSUs granted </span><span style=\"display:inherit;clear:left;\">entitle the holder to acquire one TORM A-share.</span><span style=\"display:inherit;clear:left;\">The program comprises the following number of shares in TORM plc:</span><span style=\"display:inherit;clear:left;position:relative;height:128.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 523.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares (1,000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 24.4414px; width: 163.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 01 January</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 25.1699px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,424.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.3164px; width: 146.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the period\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 42.0449px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,597.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,506.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,136.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.1914px; width: 149.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 58.9199px; width: 217.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,263.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,345.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,137.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0664px; width: 190.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expired/forfeited during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 75.7949px; width: 216.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-934.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-122.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2539px; width: 528.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,856.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.004px; width: 523.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 205.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>ddi<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>1,1<span class=\"_ _31\"></span>58,<span class=\"_ _31\"></span>93<span class=\"_ _31\"></span>8<span class=\"fc9\"> </span>(<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>6,2<span class=\"_ _31\"></span>59<span class=\"_ _31\"></span>, 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>: <span class=\"_ _31\"></span>0) <span class=\"_ _31\"></span>RS<span class=\"_ _31\"></span>Us <span class=\"_ _31\"></span>gra<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> ad<span class=\"_ _31\"></span>jus<span class=\"_ _31\"></span>t <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>imp<span class=\"_ _31\"></span>act<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>ivi<span class=\"_ _31\"></span>den<span class=\"_ _31\"></span>ds<span class=\"_ _31\"></span> on<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e </span><span style=\"display:inherit;clear:left;\">sh<span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> pr<span class=\"_ _31\"></span>ic<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>n a<span class=\"_ _31\"></span>cco<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span>anc<span class=\"_ _31\"></span>e w<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span>h t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ori<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>nal<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>s o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>ant<span class=\"_ _31\"></span>. N<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>mod<span class=\"_ _31\"></span>ifi<span class=\"_ _31\"></span>cat<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ns <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> RS<span class=\"_ _31\"></span>U </span><span style=\"display:inherit;clear:left;\">pr<span class=\"_ _31\"></span>ogr<span class=\"_ _31\"></span>am <span class=\"_ _31\"></span>ha<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>occ<span class=\"_ _31\"></span>urr<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">In 2023, the Board of Directors agreed to grant a total of 1,248,153 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 220.6. </span><span style=\"display:inherit;clear:left;\">The exercise period is 360 days from each vesting date. The fair value of the options granted in 2023 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 10.8m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2023 was 1.5 years and as of 31 December </span><span style=\"display:inherit;clear:left;\">2024 was 1 year and as of 31 December 2025 was 0.0 year. In addition to the RSUs granted above, the </span><span style=\"display:inherit;clear:left;\">other management is granted a total of 1,333,222 RSUs in the Additional Retention Program on similar </span><span style=\"display:inherit;clear:left;\">terms as outlined above, with the exception that the strike price for these RSUs is set to one US cent </span><span style=\"display:inherit;clear:left;\">and that all RSUs will vest on 1 March 2026. As stated in Company Announcement No. 21, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has resolved to accelerate the vesting date to 07 November 2025. The fair value of the </span><span style=\"display:inherit;clear:left;\">options in the Additional Retention Program granted in 2023 was determined using the Black-Scholes </span><span style=\"display:inherit;clear:left;\">model and amounts to <span class=\"fs1\">USD 40.4m</span>.</span><span style=\"display:inherit;clear:left;\">In 2024, the Board of Directors agreed to grant a total of 1,214,986 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 258.4. </span><span style=\"display:inherit;clear:left;\">The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted in 2024 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 8.1m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2024 was  <span class=\"fs1\">1.5 years</span> and as of 31 </span><span style=\"display:inherit;clear:left;\">December 2025 was <span class=\"fs1\">1 year</span>.</span><span style=\"display:inherit;clear:left;\">In 2025, the Board of Directors agreed to grant a total of 1,326,087 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is  <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK </span><span style=\"display:inherit;clear:left;\">162.38. The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted </span><span style=\"display:inherit;clear:left;\">in 2025 was determined using the Black-Scholes model and amounts to USD 3.3m. The average </span><span style=\"display:inherit;clear:left;\">remaining contractual life for the restricted shares as of 31 December 2025 is 1.5 years.  In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the other management is granted a total of 1,293,434 RSUs in the Additional </span><span style=\"display:inherit;clear:left;\">Retention Program on similar terms as outlined above, with the exception that the strike price for these </span><span style=\"display:inherit;clear:left;\">RSUs is set to one US cent and that all RSUs will vest on 1 October 2028. The fair value of the options </span><span style=\"display:inherit;clear:left;\">in the Additional Retention Program granted in <span class=\"fs1\">2025</span> was determined using the Black-Scholes model </span><span style=\"display:inherit;clear:left;\">and amounts to USD 18.7m.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__148": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 5 \u2013 STAFF COSTS</span><span style=\"display:inherit;clear:left;\">Employee Information</span><span style=\"display:inherit;clear:left;\">Staff costs included in operating expenses relate to the 105 seafarers employed under Danish </span><span style=\"display:inherit;clear:left;\">contracts (2024: 109, 2023:105).</span><span style=\"display:inherit;clear:left;\">The average number of employees is calculated as a full-time equivalent (FTE).</span><span style=\"display:inherit;clear:left;\">The Executive Director is, in the event of termination by the Company, entitled to a severance payment </span><span style=\"display:inherit;clear:left;\">of up to 12 months' salary.</span><span style=\"display:inherit;clear:left;position:relative;height:282.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 471.193px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 87.2578px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total staff costs</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 473.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 473.115px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs included in administrative expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.0039px; width: 180.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Staff costs comprise the following</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.295px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Wages and salaries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 160.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.17px; width: 473.145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Share-based compensation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.045px; width: 473.361px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Pension costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 187.301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 160.92px; width: 473.561px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other social security costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 122.103px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.795px; width: 473.508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other staff costs</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.254px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.129px; width: 219.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average number of permanent employees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 473.186px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Seafarers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 210.181px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">109 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 254.295px; width: 473.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land-based</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">529 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">468 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.754px; width: 473.016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.98px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">634</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">607</span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.12892px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"letter-spacing: 0.00075px; word-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\">573</span><span style=\"display: inline-block;\"> </span></span></span><span style=\"display:inherit;clear:left;\">At the end of 2025 TORM has a pool of 3,804 (2024: 3,677, 2023: 3,271) seafarers.</span><span style=\"display:inherit;clear:left;\">The majority of seafarers on vessels are on short-term contracts. The average number of seafarers on </span><span style=\"display:inherit;clear:left;\">board vessels on short-term contracts in 2025 was 1,753 (2024: 1,721, 2023: 1,625).</span><span style=\"display:inherit;clear:left;\">Total seafarers\u2019 costs in 2025 were USD148.7m (2024: USD 141.4m, 2023: USD 127.1m), which is </span><span style=\"display:inherit;clear:left;\">included in \u201cOperating expenses\u201d of which USD138.8m (2024: USD 131.8m, 2023: USD 118.5m) </span><span style=\"display:inherit;clear:left;\">pertains to cost for seafarers on board vessels on short term contracts and USD 9.9m (2024: USD </span><span style=\"display:inherit;clear:left;\">9.6m, 2023: USD 8.6m) pertains to cost for seafarers employed under the Danish contract as indicated </span><span style=\"display:inherit;clear:left;\">in the staff costs table above. </span><span style=\"display:inherit;clear:left;position:relative;height:126px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 303.99px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 304.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-Executive Board and Committee remuneration, short </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.0039px; width: 24.6152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">term</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Christopher H. Boehringer</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 182.391px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">231 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">212 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">David N. Weinstein</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.318px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">257 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">217 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.0449px; width: 531.967px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">G\u00f6ran Trapp</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.9199px; width: 532.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Annette Malm Justad</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.756px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">229 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">164 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.826px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">917 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">755 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">761 </span></span></span><span style=\"display:inherit;clear:left;\">Executive Management</span><span style=\"display:inherit;clear:left;position:relative;height:187.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 341.891px; top: 0.0039062px; width: 35.9062px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">An</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">al</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 415.125px; top: 0.0039062px; width: 34.5762px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sh</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ar</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 262.781px; top: 13.5039px; width: 44.0684px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Taxable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 13.5039px; width: 65.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pe</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">rf</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">or</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ma</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 418.812px; top: 13.5039px; width: 34.0488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ba</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">se</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">d </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 27.3789px; width: 230.965px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USD '000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.385px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Salary</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 260.406px; top: 27.0039px; width: 43.7754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">benefits</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 344.812px; top: 27.0039px; width: 31.7285px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">bo</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">nu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">s</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 118.336px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">pa</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ym</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">en</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">t</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 44.2949px; width: 122.426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Executive Management </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 68.7188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">remuneration</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.2539px; width: 90.9727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Jacob Meldgaard</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5039px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,119 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,277 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,436 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.379px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,383 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,460 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.254px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,141 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,414 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.129px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,530 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5,606 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.004px; width: 528.352px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM A/S\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,233 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,393 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,668 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 175.879px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025, TORM plc\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">80 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,574 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6,654 </span></span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Pa<span class=\"_ _31\"></span>id <span class=\"_ _31\"></span>by<span class=\"_ _31\"></span> le<span class=\"_ _31\"></span>gal<span class=\"_ _31\"></span> en<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>ty <span class=\"_ _31\"></span>as <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Senior Management Team</span><span style=\"display:inherit;clear:left;\">The aggregated compensation expensed by the Group to the three (2024: three, 2023: three) other </span><span style=\"display:inherit;clear:left;\">members of the Senior Management Team in 2025 (excluding CEO Jacob Meldgaard) was  USD 10.5m </span><span style=\"display:inherit;clear:left;\">(2024: USD 9.5m, 2023: USD 7.5m), which includes an aggregate of USD 0.2m (2024: USD 0.1m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.1m) allocated for pensions (defined contribution plans) and share-based payment of USD 8.2m<span class=\"_ _34\"></span> </span><span style=\"display:inherit;clear:left;\">(2023: USD 7.5m, 2022: USD 6.0m) for these individuals. </span><span style=\"display:inherit;clear:left;position:relative;height:108.509765625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 364.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LTIP element of CEO Jacob Meldgaard's remuneration package </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ffa; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">2025:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 177.422px; top: 15.8477px; width: 345.082px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ordinary</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Retention</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.0977px; width: 521.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Grant Date</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 109.863px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.2969px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29-Mar-23</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">07-Mar-24</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">06-Mar-25</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23-Sep-25</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.0137px; width: 521.982px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU LTIP grant\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.0292px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">300,000</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">255,200</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.4121px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">500,000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 66.8887px; width: 522.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercise price per share</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 220.60</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 258.40</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKK 162.38</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.6895px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.01</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 83.7637px; width: 137.783px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">RSU grant value assuming </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.2637px; width: 521.631px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">100% vesting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 100.828px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 2.5m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 10.8633px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 10.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 1.9m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 0.7m</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USD 9.1m</span></span></span><span style=\"display:inherit;clear:left;\">TORM operates an equity-settled, share-based compensation plan. The fair value of the employee </span><span style=\"display:inherit;clear:left;\">services received in exchange for the grant of shares is recognized as an expense and allocated over </span><span style=\"display:inherit;clear:left;\">the vesting period. Employment in TORM throughout the period is in most cases a prerequisite for </span><span style=\"display:inherit;clear:left;\">upholding the full vesting rights in the RSU program. For voluntary leavers subject to the Danish Stock </span><span style=\"display:inherit;clear:left;\">Options Act, the RSUs will vest in accordance with the vesting schedule, but for all other leavers, all </span><span style=\"display:inherit;clear:left;\">unvested RSUs shall be immediately forfeited for no consideration. Options are granted under the plan </span><span style=\"display:inherit;clear:left;\">for no consideration and carry no dividend or voting rights.</span><span style=\"display:inherit;clear:left;\">In accordance with its Remuneration Policy, TORM has granted the CEO a number of Restricted Share </span><span style=\"display:inherit;clear:left;\">Units (RSUs). There are no performance conditions associated with this grant of RSUs.</span><span style=\"display:inherit;clear:left;\">Refer to Long-Term Incentive Program \u2013 restricted share units granted to the Executive Director in the </span><span style=\"display:inherit;clear:left;\">remuneration report for further information. RSUs granted to the CEO vest in equal installments over </span><span style=\"display:inherit;clear:left;\">three years.</span><span style=\"display:inherit;clear:left;\">Vested RSUs may be exercised for a period of 360 days from each vesting date. Details of the CEO\u2019s </span><span style=\"display:inherit;clear:left;\">awards and interests in Restricted Share Units are set out in the remuneration report.</span><span style=\"display:inherit;clear:left;\">The single figure remuneration table for the CEO does not include any amounts in relation to the RSU </span><span style=\"display:inherit;clear:left;\">awards as there are no performance conditions associated with this grant of RSUs. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 29 March 2023, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next three years. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 01 January 2024. The exercise price for each RSU is <span class=\"fs1\">DKK 220.6</span>, corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2022 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium adjusted for the dividend payment related to TORM\u2019s fourth quarter 2022 </span><span style=\"display:inherit;clear:left;\">results. Vested RSUs may be exercised for a period of  360 days from each vesting date. In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the CEO is granted a total of <span class=\"fs1\">300,000</span> RSUs in the Additional Retention </span><span style=\"display:inherit;clear:left;\">Program on similar terms as outlined above, with the exception that the strike price for these RSUs is </span><span style=\"display:inherit;clear:left;\">set to <span class=\"fs1\">one</span> US cent and that all RSUs will vest on 01 March 2026. As stated in Company Announcement </span><span style=\"display:inherit;clear:left;\">No. 21, the Board of Directors has resolved to accelerate the vesting date to 07 November 2025. </span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 9 issued on 7 March 2024, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years.</span> The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2025. The exercise price for each RSU is <span class=\"fs1\">DKK 258.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2023 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.</span><span style=\"display:inherit;clear:left;\">As detailed in announcement no. 2 issued on 6 March 2025, the CEO was granted a total of <span class=\"fs1\">255,200</span> </span><span style=\"display:inherit;clear:left;\">RSUs which will vest in equal amounts over the next <span class=\"fs1\">three years</span>. The first amount could be exercised </span><span style=\"display:inherit;clear:left;\">from 1 January 2026. The exercise price for each RSU is <span class=\"fs1\">DKK 162.4</span> corresponding to the average </span><span style=\"display:inherit;clear:left;\">price of TORM shares in the 90 calendar days preceding the publication of TORM plc\u2019s 2024 Annual </span><span style=\"display:inherit;clear:left;\">Report plus a 15% premium. Vested RSUs may be exercised for a period of 360 days from each vesting </span><span style=\"display:inherit;clear:left;\">date.  In addition to the RSUs granted above, as detailed in announcement no. 21 issued on 23 </span><span style=\"display:inherit;clear:left;\">September 2025, the CEO is granted a total of <span class=\"fs1\">500,000</span> RSUs in the Additional Retention Program on </span><span style=\"display:inherit;clear:left;\">similar terms as outlined above, with the exception that the strike price for these RSUs is set to <span class=\"fs1\">one</span> US </span><span style=\"display:inherit;clear:left;\">cent and that all RSUs will vest on 1 October 2028.</span><span style=\"display:inherit;clear:left;\">Long-term employee benefit obligations</span><span style=\"display:inherit;clear:left;\">The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units </span><span style=\"display:inherit;clear:left;\">in TORM plc at a determinable price to the entity's key personnel, including the CEO. The RSUs granted </span><span style=\"display:inherit;clear:left;\">entitle the holder to acquire one TORM A-share.</span><span style=\"display:inherit;clear:left;\">The program comprises the following number of shares in TORM plc:</span><span style=\"display:inherit;clear:left;position:relative;height:128.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 523.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares (1,000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 24.4414px; width: 163.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 01 January</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 25.1699px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,424.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.3164px; width: 146.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the period\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 42.0449px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,597.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,506.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,136.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.1914px; width: 149.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 58.9199px; width: 217.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,263.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,345.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,137.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0664px; width: 190.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expired/forfeited during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 75.7949px; width: 216.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-934.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-122.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2539px; width: 528.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,856.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.004px; width: 523.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 205.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>ddi<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>1,1<span class=\"_ _31\"></span>58,<span class=\"_ _31\"></span>93<span class=\"_ _31\"></span>8<span class=\"fc9\"> </span>(<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>6,2<span class=\"_ _31\"></span>59<span class=\"_ _31\"></span>, 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>: <span class=\"_ _31\"></span>0) <span class=\"_ _31\"></span>RS<span class=\"_ _31\"></span>Us <span class=\"_ _31\"></span>gra<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> ad<span class=\"_ _31\"></span>jus<span class=\"_ _31\"></span>t <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>imp<span class=\"_ _31\"></span>act<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>ivi<span class=\"_ _31\"></span>den<span class=\"_ _31\"></span>ds<span class=\"_ _31\"></span> on<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e </span><span style=\"display:inherit;clear:left;\">sh<span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> pr<span class=\"_ _31\"></span>ic<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>n a<span class=\"_ _31\"></span>cco<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span>anc<span class=\"_ _31\"></span>e w<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span>h t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ori<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>nal<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>s o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>ant<span class=\"_ _31\"></span>. N<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>mod<span class=\"_ _31\"></span>ifi<span class=\"_ _31\"></span>cat<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ns <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> RS<span class=\"_ _31\"></span>U </span><span style=\"display:inherit;clear:left;\">pr<span class=\"_ _31\"></span>ogr<span class=\"_ _31\"></span>am <span class=\"_ _31\"></span>ha<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>occ<span class=\"_ _31\"></span>urr<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">In 2023, the Board of Directors agreed to grant a total of 1,248,153 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 220.6. </span><span style=\"display:inherit;clear:left;\">The exercise period is 360 days from each vesting date. The fair value of the options granted in 2023 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 10.8m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2023 was 1.5 years and as of 31 December </span><span style=\"display:inherit;clear:left;\">2024 was 1 year and as of 31 December 2025 was 0.0 year. In addition to the RSUs granted above, the </span><span style=\"display:inherit;clear:left;\">other management is granted a total of 1,333,222 RSUs in the Additional Retention Program on similar </span><span style=\"display:inherit;clear:left;\">terms as outlined above, with the exception that the strike price for these RSUs is set to one US cent </span><span style=\"display:inherit;clear:left;\">and that all RSUs will vest on 1 March 2026. As stated in Company Announcement No. 21, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has resolved to accelerate the vesting date to 07 November 2025. The fair value of the </span><span style=\"display:inherit;clear:left;\">options in the Additional Retention Program granted in 2023 was determined using the Black-Scholes </span><span style=\"display:inherit;clear:left;\">model and amounts to <span class=\"fs1\">USD 40.4m</span>.</span><span style=\"display:inherit;clear:left;\">In 2024, the Board of Directors agreed to grant a total of 1,214,986 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 258.4. </span><span style=\"display:inherit;clear:left;\">The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted in 2024 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 8.1m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2024 was  <span class=\"fs1\">1.5 years</span> and as of 31 </span><span style=\"display:inherit;clear:left;\">December 2025 was <span class=\"fs1\">1 year</span>.</span><span style=\"display:inherit;clear:left;\">In 2025, the Board of Directors agreed to grant a total of 1,326,087 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is  <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK </span><span style=\"display:inherit;clear:left;\">162.38. The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted </span><span style=\"display:inherit;clear:left;\">in 2025 was determined using the Black-Scholes model and amounts to USD 3.3m. The average </span><span style=\"display:inherit;clear:left;\">remaining contractual life for the restricted shares as of 31 December 2025 is 1.5 years.  In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the other management is granted a total of 1,293,434 RSUs in the Additional </span><span style=\"display:inherit;clear:left;\">Retention Program on similar terms as outlined above, with the exception that the strike price for these </span><span style=\"display:inherit;clear:left;\">RSUs is set to one US cent and that all RSUs will vest on 1 October 2028. The fair value of the options </span><span style=\"display:inherit;clear:left;\">in the Additional Retention Program granted in <span class=\"fs1\">2025</span> was determined using the Black-Scholes model </span><span style=\"display:inherit;clear:left;\">and amounts to USD 18.7m.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__152": {
   "value": "<span style=\"display:inherit;clear:left;\">Long-term employee benefit obligations</span><span style=\"display:inherit;clear:left;\">The obligation comprises an obligation under the incentive programs to deliver Restricted Share Units </span><span style=\"display:inherit;clear:left;\">in TORM plc at a determinable price to the entity's key personnel, including the CEO. The RSUs granted </span><span style=\"display:inherit;clear:left;\">entitle the holder to acquire one TORM A-share.</span><span style=\"display:inherit;clear:left;\">The program comprises the following number of shares in TORM plc:</span><span style=\"display:inherit;clear:left;position:relative;height:128.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 523.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares (1,000)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 24.4414px; width: 163.758px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 01 January</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 25.1699px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,424.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.3164px; width: 146.344px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Granted during the period\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 42.0449px; width: 217.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,597.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,506.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,136.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.1914px; width: 149.584px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercised during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 58.9199px; width: 217.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3,263.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,345.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 21.9551px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1,137.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0664px; width: 190.781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expired/forfeited during the period</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 75.7949px; width: 216.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-934.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-122.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2539px; width: 528.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Outstanding as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,856.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,456.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4,417.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.004px; width: 523.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exercisable as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 205.582px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>ddi<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>1,1<span class=\"_ _31\"></span>58,<span class=\"_ _31\"></span>93<span class=\"_ _31\"></span>8<span class=\"fc9\"> </span>(<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>6,2<span class=\"_ _31\"></span>59<span class=\"_ _31\"></span>, 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>: <span class=\"_ _31\"></span>0) <span class=\"_ _31\"></span>RS<span class=\"_ _31\"></span>Us <span class=\"_ _31\"></span>gra<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> ad<span class=\"_ _31\"></span>jus<span class=\"_ _31\"></span>t <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>imp<span class=\"_ _31\"></span>act<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>ivi<span class=\"_ _31\"></span>den<span class=\"_ _31\"></span>ds<span class=\"_ _31\"></span> on<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e </span><span style=\"display:inherit;clear:left;\">sh<span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> pr<span class=\"_ _31\"></span>ic<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>n a<span class=\"_ _31\"></span>cco<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span>anc<span class=\"_ _31\"></span>e w<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span>h t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ori<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>nal<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>s o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>ant<span class=\"_ _31\"></span>. N<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>mod<span class=\"_ _31\"></span>ifi<span class=\"_ _31\"></span>cat<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ns <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> gr<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> RS<span class=\"_ _31\"></span>U </span><span style=\"display:inherit;clear:left;\">pr<span class=\"_ _31\"></span>ogr<span class=\"_ _31\"></span>am <span class=\"_ _31\"></span>ha<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>occ<span class=\"_ _31\"></span>urr<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">In 2023, the Board of Directors agreed to grant a total of 1,248,153 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 220.6. </span><span style=\"display:inherit;clear:left;\">The exercise period is 360 days from each vesting date. The fair value of the options granted in 2023 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 10.8m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2023 was 1.5 years and as of 31 December </span><span style=\"display:inherit;clear:left;\">2024 was 1 year and as of 31 December 2025 was 0.0 year. In addition to the RSUs granted above, the </span><span style=\"display:inherit;clear:left;\">other management is granted a total of 1,333,222 RSUs in the Additional Retention Program on similar </span><span style=\"display:inherit;clear:left;\">terms as outlined above, with the exception that the strike price for these RSUs is set to one US cent </span><span style=\"display:inherit;clear:left;\">and that all RSUs will vest on 1 March 2026. As stated in Company Announcement No. 21, the Board of </span><span style=\"display:inherit;clear:left;\">Directors has resolved to accelerate the vesting date to 07 November 2025. The fair value of the </span><span style=\"display:inherit;clear:left;\">options in the Additional Retention Program granted in 2023 was determined using the Black-Scholes </span><span style=\"display:inherit;clear:left;\">model and amounts to <span class=\"fs1\">USD 40.4m</span>.</span><span style=\"display:inherit;clear:left;\">In 2024, the Board of Directors agreed to grant a total of 1,214,986 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK 258.4. </span><span style=\"display:inherit;clear:left;\">The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted in 2024 </span><span style=\"display:inherit;clear:left;\">was determined using the Black-Scholes model and amounts to USD 8.1m. The average remaining </span><span style=\"display:inherit;clear:left;\">contractual life for the restricted shares as of 31 December 2024 was  <span class=\"fs1\">1.5 years</span> and as of 31 </span><span style=\"display:inherit;clear:left;\">December 2025 was <span class=\"fs1\">1 year</span>.</span><span style=\"display:inherit;clear:left;\">In 2025, the Board of Directors agreed to grant a total of 1,326,087 RSUs to other management. The </span><span style=\"display:inherit;clear:left;\">vesting period of the program is  <span class=\"fs1\">three years</span> for key employees. The exercise price is set at DKK </span><span style=\"display:inherit;clear:left;\">162.38. The exercise period is <span class=\"fs1\">360 days</span> from each vesting date. The fair value of the options granted </span><span style=\"display:inherit;clear:left;\">in 2025 was determined using the Black-Scholes model and amounts to USD 3.3m. The average </span><span style=\"display:inherit;clear:left;\">remaining contractual life for the restricted shares as of 31 December 2025 is 1.5 years.  In addition to </span><span style=\"display:inherit;clear:left;\">the RSUs granted above, the other management is granted a total of 1,293,434 RSUs in the Additional </span><span style=\"display:inherit;clear:left;\">Retention Program on similar terms as outlined above, with the exception that the strike price for these </span><span style=\"display:inherit;clear:left;\">RSUs is set to one US cent and that all RSUs will vest on 1 October 2028. The fair value of the options </span><span style=\"display:inherit;clear:left;\">in the Additional Retention Program granted in <span class=\"fs1\">2025</span> was determined using the Black-Scholes model </span><span style=\"display:inherit;clear:left;\">and amounts to USD 18.7m.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfClaimsAndBenefitsPaidExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__153": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Employee benefits</span><span style=\"display:inherit;clear:left;\">Wages, salaries, social security contributions, holiday and sick leave, bonuses, and other monetary and </span><span style=\"display:inherit;clear:left;\">non-monetary benefits are recognized in the year in which the employees render the associated </span><span style=\"display:inherit;clear:left;\">services. Please also refer to the Accounting Policy for share-based payment.</span><span style=\"display:inherit;clear:left;\">Pension plans</span><span style=\"display:inherit;clear:left;\">The Group has entered into defined contribution plans only. Pension costs related to defined </span><span style=\"display:inherit;clear:left;\">contribution plans are recorded in the income statement in the year to which they relate.</span><span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__155": {
   "value": "<span style=\"display:inherit;clear:left;\">Share-based payments</span><span style=\"display:inherit;clear:left;\">The Group makes equity-settled share-based payments to certain employees, which are measured at </span><span style=\"display:inherit;clear:left;\">fair value at the date of grant and expensed on a straight-line basis over the vesting period, based on </span><span style=\"display:inherit;clear:left;\">the Group\u2019s estimate of shares which will eventually vest. The fair value of the share schemes is </span><span style=\"display:inherit;clear:left;\">calculated using the Black-Scholes model at the grant date.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__157": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 6 \u2013 REMUNERATION TO AUDITORS APPOINTED AT THE PARENT COMPAN<span class=\"_ _34\"></span>Y\u2019S ANNUAL </span><span style=\"display:inherit;clear:left;\">GENERAL MEETING</span><span style=\"display:inherit;clear:left;\">The remuneration of the auditor is required to be presented as follows:</span><span style=\"display:inherit;clear:left;position:relative;height:192.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 53.9121px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit fees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 303.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fees payable to the Company's auditor for the audit of the </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Company's annual accounts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 169.893px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit of the Company's subsidiaries pursuant to legislation</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 11.9824px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 80.6289px; width: 531.656px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total audit fees</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 232.02px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 105.379px; width: 78.5156px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-audit fees</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.67px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Audit-related services</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.978px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Others</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 280.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.004px; width: 531.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total non-audit fees</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 207.955px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 180.754px; width: 531.639px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 287.988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span></span><span style=\"display:inherit;clear:left;\">Under SEC regulations, the remuneration of the auditor of USD 2.0m (2024: USD 2.3m, 2023: USD 1.5m) </span><span style=\"display:inherit;clear:left;\">is required to be presented as follows: Audit fees USD 1.6m (2024: USD 1.8m, 2023: USD 1.4m), audit-</span><span style=\"display:inherit;clear:left;\">related fees USD 0.4m (2024: USD 0.5m, 2023: USD 0.1m), tax fees USD 0.0m (2024: USD 0.0m, 2023: </span><span style=\"display:inherit;clear:left;\">USD 0.0m), and all other fees USD 0.0m (2024: USD 0.0m, 2023: USD 0.0m.).</span><span style=\"display:inherit;clear:left;\">TORM's Audit Committee pre-approves all audit, audit-related and non-audit services not prohibited by </span><span style=\"display:inherit;clear:left;\">law to be performed by our independent auditors and associated fees prior to the engagement of the </span><span style=\"display:inherit;clear:left;\">independent auditor with respect to such services.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__159": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 7 \u2013 FINANCIAL ITEMS</span><span style=\"display:inherit;clear:left;position:relative;height:123.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 16.5039px; width: 88.5879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 33.7949px; width: 300.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income from cash and cash equivalents, including </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 47.2949px; width: 532.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">restricted cash \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.553px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 63.7949px; width: 289.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including gain from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.7949px; width: 536.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 95.6699px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 112.129px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3 </span></span></span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;position:relative;height:181.083984375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 532.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest expenses on borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.681px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8887px; width: 294.586px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses arising from lease liabilities regarding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3887px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">right-of-use assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 268.523px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2637px; width: 288.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including loss from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7637px; width: 532.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6387px; width: 532.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Commitment fee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.596px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5137px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.389px; width: 532.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ineffectiveness on interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.264px; width: 532.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.723px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.473px; width: 531.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 247.617px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-61.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-49.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-46.6 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _245\"> </span>In<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span>est<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>fin<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>cia<span class=\"_ _31\"></span>l a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>t a<span class=\"_ _31\"></span>t f<span class=\"_ _31\"></span>ai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>alu<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>hr<span class=\"_ _31\"></span>oug<span class=\"_ _31\"></span>h p<span class=\"_ _31\"></span>rof<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>os<span class=\"_ _31\"></span>s.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Financial income</span><span style=\"display:inherit;clear:left;\">Financial income comprises interest income, realized and unrealized exchange rate gains relating to </span><span style=\"display:inherit;clear:left;\">transactions in currencies other than the functional currency, realized gains from other equity </span><span style=\"display:inherit;clear:left;\">investments and securities, unrealized gains from securities, dividends received, and other financial </span><span style=\"display:inherit;clear:left;\">income. Interest is recognized in accordance with the accrual basis of accounting considering the </span><span style=\"display:inherit;clear:left;\">effective interest rate. Dividends from other investments are recognized when the right to receive </span><span style=\"display:inherit;clear:left;\">payment has been decided, which is typically when the dividend has been declared and can be received </span><span style=\"display:inherit;clear:left;\">without conditions.</span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;\">Financial expenses comprise interest expenses, financing costs of leases liabilities, realized and </span><span style=\"display:inherit;clear:left;\">unrealized exchange rate losses relating to transactions in currencies other than the functional </span><span style=\"display:inherit;clear:left;\">currency, realized losses from other equity investments and securities, unrealized losses from </span><span style=\"display:inherit;clear:left;\">securities, and other financial expenses including payments under interest rate hedge instruments. </span><span style=\"display:inherit;clear:left;\">Interest is recognized in accordance with the accrual basis of accounting considering the effective </span><span style=\"display:inherit;clear:left;\">interest rate.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__161-1": {
   "value": "<span style=\"display:inherit;clear:left;position:relative;height:123.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 16.5039px; width: 88.5879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 33.7949px; width: 300.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income from cash and cash equivalents, including </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 47.2949px; width: 532.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">restricted cash \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.553px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 63.7949px; width: 289.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including gain from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.7949px; width: 536.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 95.6699px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 112.129px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3 </span></span></span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;position:relative;height:181.083984375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 532.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest expenses on borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.681px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8887px; width: 294.586px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses arising from lease liabilities regarding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3887px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">right-of-use assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 268.523px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2637px; width: 288.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including loss from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7637px; width: 532.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6387px; width: 532.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Commitment fee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.596px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5137px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.389px; width: 532.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ineffectiveness on interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.264px; width: 532.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.723px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.473px; width: 531.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 247.617px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-61.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-49.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-46.6 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _245\"> </span>In<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span>est<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>fin<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>cia<span class=\"_ _31\"></span>l a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>t a<span class=\"_ _31\"></span>t f<span class=\"_ _31\"></span>ai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>alu<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>hr<span class=\"_ _31\"></span>oug<span class=\"_ _31\"></span>h p<span class=\"_ _31\"></span>rof<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>os<span class=\"_ _31\"></span>s.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Financial income</span><span style=\"display:inherit;clear:left;\">Financial income comprises interest income, realized and unrealized exchange rate gains relating to </span><span style=\"display:inherit;clear:left;\">transactions in currencies other than the functional currency, realized gains from other equity </span><span style=\"display:inherit;clear:left;\">investments and securities, unrealized gains from securities, dividends received, and other financial </span><span style=\"display:inherit;clear:left;\">income. Interest is recognized in accordance with the accrual basis of accounting considering the </span><span style=\"display:inherit;clear:left;\">effective interest rate. Dividends from other investments are recognized when the right to receive </span><span style=\"display:inherit;clear:left;\">payment has been decided, which is typically when the dividend has been declared and can be received </span><span style=\"display:inherit;clear:left;\">without conditions.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__162-1": {
   "value": "<span style=\"display:inherit;clear:left;position:relative;height:123.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 16.5039px; width: 88.5879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial income</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 33.7949px; width: 300.715px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest income from cash and cash equivalents, including </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 47.2949px; width: 532.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">restricted cash \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.553px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 63.7949px; width: 289.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including gain from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.7949px; width: 536.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 95.6699px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.525px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 3.9375px; top: 112.129px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.3 </span></span></span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;position:relative;height:181.083984375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0136718px; width: 532.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest expenses on borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 184.681px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">69.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">55.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8887px; width: 294.586px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial expenses arising from lease liabilities regarding </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3887px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">right-of-use assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 268.523px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2637px; width: 288.305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments, including loss from forward </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7637px; width: 532.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">exchange rate contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 248.818px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6387px; width: 532.084px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Commitment fee</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.596px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5137px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization of interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.389px; width: 532.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Ineffectiveness on interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 128.264px; width: 532.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other financial expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.723px; width: 531.996px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.963px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">74.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.5877px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.473px; width: 531.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total financial items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 247.617px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-61.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-49.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-46.6 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _245\"> </span>In<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span>est<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>fin<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>cia<span class=\"_ _31\"></span>l a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es <span class=\"_ _31\"></span>no<span class=\"_ _31\"></span>t a<span class=\"_ _31\"></span>t f<span class=\"_ _31\"></span>ai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>alu<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>hr<span class=\"_ _31\"></span>oug<span class=\"_ _31\"></span>h p<span class=\"_ _31\"></span>rof<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span>d l<span class=\"_ _31\"></span>os<span class=\"_ _31\"></span>s.</span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;\">Financial expenses comprise interest expenses, financing costs of leases liabilities, realized and </span><span style=\"display:inherit;clear:left;\">unrealized exchange rate losses relating to transactions in currencies other than the functional </span><span style=\"display:inherit;clear:left;\">currency, realized losses from other equity investments and securities, unrealized losses from </span><span style=\"display:inherit;clear:left;\">securities, and other financial expenses including payments under interest rate hedge instruments. </span><span style=\"display:inherit;clear:left;\">Interest is recognized in accordance with the accrual basis of accounting considering the effective </span><span style=\"display:inherit;clear:left;\">interest rate.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__163": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Financial income</span><span style=\"display:inherit;clear:left;\">Financial income comprises interest income, realized and unrealized exchange rate gains relating to </span><span style=\"display:inherit;clear:left;\">transactions in currencies other than the functional currency, realized gains from other equity </span><span style=\"display:inherit;clear:left;\">investments and securities, unrealized gains from securities, dividends received, and other financial </span><span style=\"display:inherit;clear:left;\">income. Interest is recognized in accordance with the accrual basis of accounting considering the </span><span style=\"display:inherit;clear:left;\">effective interest rate. Dividends from other investments are recognized when the right to receive </span><span style=\"display:inherit;clear:left;\">payment has been decided, which is typically when the dividend has been declared and can be received </span><span style=\"display:inherit;clear:left;\">without conditions.</span><span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;\">Financial expenses comprise interest expenses, financing costs of leases liabilities, realized and </span><span style=\"display:inherit;clear:left;\">unrealized exchange rate losses relating to transactions in currencies other than the functional </span><span style=\"display:inherit;clear:left;\">currency, realized losses from other equity investments and securities, unrealized losses from </span><span style=\"display:inherit;clear:left;\">securities, and other financial expenses including payments under interest rate hedge instruments. </span><span style=\"display:inherit;clear:left;\">Interest is recognized in accordance with the accrual basis of accounting considering the effective </span><span style=\"display:inherit;clear:left;\">interest rate.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__166": {
   "value": "<span style=\"display:inherit;clear:left;\">Financial expenses</span><span style=\"display:inherit;clear:left;\">Financial expenses comprise interest expenses, financing costs of leases liabilities, realized and </span><span style=\"display:inherit;clear:left;\">unrealized exchange rate losses relating to transactions in currencies other than the functional </span><span style=\"display:inherit;clear:left;\">currency, realized losses from other equity investments and securities, unrealized losses from </span><span style=\"display:inherit;clear:left;\">securities, and other financial expenses including payments under interest rate hedge instruments. </span><span style=\"display:inherit;clear:left;\">Interest is recognized in accordance with the accrual basis of accounting considering the effective </span><span style=\"display:inherit;clear:left;\">interest rate.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__169-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 8 \u2013 TAX</span><span style=\"display:inherit;clear:left;position:relative;height:137.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 130.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax on profit for the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current tax for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.398px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments related to previous years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.852px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustment of deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.744px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.0039px; width: 531.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax charge for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.756px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.6542px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.17px; width: 531.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tonnage tax charge for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.978px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.629px; width: 531.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 339.205px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.6542px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span></span></span><span style=\"display:inherit;clear:left;\">The net movement in deferred tax of <span class=\"fs1\">USD 6.7m</span> for the year ended 31 December 2025 consists of the </span><span style=\"display:inherit;clear:left;\">reversal of the recognised deferred tax assets on account for corporate interest restriction and carry </span><span style=\"display:inherit;clear:left;\">forward of losses. . TORM has unutilized corporate interest restriction (CIR) balance of <span class=\"fs1\">USD 22.2m</span> </span><span style=\"display:inherit;clear:left;\">(2024: <span class=\"fs1\">USD 3.2m, </span>2023<span class=\"fs1\">: USD 2.1m</span>) and unabsorbed tax losses of <span class=\"fs1\">USD 38.7m</span> as on 31 December </span><span style=\"display:inherit;clear:left;\">2025 (2024: <span class=\"fs1\">USD 28.4m, </span>2023<span class=\"fs1\">: USD 21.0m</span>). TORM has not recognised deferred tax assets on <span class=\"fs1\">USD </span></span><span style=\"display:inherit;clear:left;\">60.9m<span class=\"fs4\"> (2024: </span>USD 2.2m, <span class=\"fs4\">2023</span>: USD 2.2m<span class=\"fs4\">) out of unutilized CIR and unabsorbed tax losses of which </span></span><span style=\"display:inherit;clear:left;\">trading losses of <span class=\"fs1\">USD 2.2m</span> (2024: <span class=\"fs1\">USD 2.2m, </span>2023<span class=\"fs1\">: USD 2.2m</span>) resulted prior to 2017 that may not </span><span style=\"display:inherit;clear:left;\">be used to offset taxable profit due to a high degree of uncertainty of future taxable profits.   </span><span style=\"display:inherit;clear:left;\">The majority of the Group's taxable income is located in Denmark, and therefore the majority of the tax </span><span style=\"display:inherit;clear:left;\">base is subject to Danish tax legislation. The Group has elected to participate in the Danish, UK and US </span><span style=\"display:inherit;clear:left;\">tonnage tax regime. The Danish and UK tonnage regime participation is binding until 2034. </span><span style=\"display:inherit;clear:left;\">The Group expects to participate in the tonnage tax regimes after the binding period and, as a </span><span style=\"display:inherit;clear:left;\">minimum, to maintain an investment and activity level equivalent to that at the time of entering the </span><span style=\"display:inherit;clear:left;\">tonnage tax scheme.</span><span style=\"display:inherit;clear:left;\">Under the different tonnage tax regimes that TORM is subject to, income and expenses from shipping </span><span style=\"display:inherit;clear:left;\">activities are not subject to direct taxation, and accordingly, an effective rate reconciliation has not </span><span style=\"display:inherit;clear:left;\">been provided, as it would not provide any meaningful information. Instead, the taxable income is </span><span style=\"display:inherit;clear:left;\">calculated from:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The net tonnage of the vessels used to generate the income from shipping activities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>A rate applicable to the specific net tonnage of the vessels based on a sliding scale</span><span style=\"display:inherit;clear:left;\">Corporate income tax is primarily levied on the Group\u2019s non-vessel-related activities. The effective tax </span><span style=\"display:inherit;clear:left;\">rate of the Group is 3.2% (2024: 0.3%, 2023: 0.6%). Net deferred tax liability in relation to activities </span><span style=\"display:inherit;clear:left;\">outside the tonnage tax regime amounts to USD 2.2m.</span><span style=\"display:inherit;clear:left;position:relative;height:45px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 263.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current tax liability related to held-over gains</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 532.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span></span></span><span style=\"display:inherit;clear:left;\">The non-current tax liability related to held-over gains is the undiscounted income tax payable </span><span style=\"display:inherit;clear:left;\">calculated on the realized gain on sale of vessels which came from corporate income taxation into the </span><span style=\"display:inherit;clear:left;\">Danish tonnage tax scheme upon initial application in 2001 (the held-over gain reflected in the </span><span style=\"display:inherit;clear:left;\">transition account under the Danish tonnage tax scheme). This tax liability will become payable, in part </span><span style=\"display:inherit;clear:left;\">or in full, if the Danish owned fleet of vessels is significantly or fully disposed of, or if operated to the </span><span style=\"display:inherit;clear:left;\">end of it\u2019s useful life and sold for scrap.</span><span style=\"display:inherit;clear:left;\">If TORM discontinues its participation in the Danish tonnage tax scheme, a deferred tax liability would </span><span style=\"display:inherit;clear:left;\">arise in relation to the vessels held by the Group and taken out of the tonnage tax scheme. The </span><span style=\"display:inherit;clear:left;\">Management considers this to be a remote scenario.</span><span style=\"display:inherit;clear:left;\">The Group operates in a wide variety of jurisdictions, in some of which the tax law is subject to varying </span><span style=\"display:inherit;clear:left;\">interpretations and potentially inconsistent enforcement. As a result, there can be practical </span><span style=\"display:inherit;clear:left;\">uncertainties in applying tax legislation to the Group's activities. Whilst the Group considers that it </span><span style=\"display:inherit;clear:left;\">operates in accordance with applicable tax law, there are potential tax exposures in respect of its </span><span style=\"display:inherit;clear:left;\">operations, the impact of which cannot be reliably estimated but could be material.</span><span style=\"display:inherit;clear:left;\">Accounting Policies </span><span style=\"display:inherit;clear:left;\">Pillar Two Tax Effects</span><span style=\"display:inherit;clear:left;\">Pillar Two legislation has been enacted or substantively enacted in certain jurisdictions in which the </span><span style=\"display:inherit;clear:left;\">Group operates.  Under the legislation, the parent company will be required to pay, in UK, top-up tax on </span><span style=\"display:inherit;clear:left;\">profits of its subsidiaries that are taxed at an effective tax rate of less than 15%. The main jurisdictions </span><span style=\"display:inherit;clear:left;\">in which exposures to this tax may exist include Denmark, Singapore and the US. </span><span style=\"display:inherit;clear:left;\">As the majority of these companies\u2019 revenue consists of international shipping income, it is assessed </span><span style=\"display:inherit;clear:left;\">that this income will be excluded from the GloBE income with reference to the shipping carve out </span><span style=\"display:inherit;clear:left;\">described in Article 3.3.</span><span style=\"display:inherit;clear:left;\">TORM has applied the exception in IAS 12 'Income Taxes' to recognizing and disclosing information </span><span style=\"display:inherit;clear:left;\">about deferred tax assets and liabilities related to Pillar Two income taxes. </span><span style=\"display:inherit;clear:left;\">Based on our fiscal year for 2025, the Group has prepared a preliminary Transitional Country-by-</span><span style=\"display:inherit;clear:left;\">Country Reporting (CbCR) Safe Harbour assessment concluding that we expect to be eligible for the </span><span style=\"display:inherit;clear:left;\">Transitional CbCR Safe Harbour in a majority of jurisdictions in which we are present. As of 31 </span><span style=\"display:inherit;clear:left;\">December 2025, the calculated top-up tax does not have a material impact on our financial result.  </span><span style=\"display:inherit;clear:left;\">Tax</span><span style=\"display:inherit;clear:left;\">Tax expenses comprise the expected income tax charge for the year in accordance with IAS 12 as well </span><span style=\"display:inherit;clear:left;\">as tonnage tax related to the Group\u2019s vessels for the year. The income tax charge for the year includes </span><span style=\"display:inherit;clear:left;\">adjustments relating to previous years and the change in deferred tax for the year. However, income </span><span style=\"display:inherit;clear:left;\">tax relating to items in other comprehensive income is recognized directly in the statement of other </span><span style=\"display:inherit;clear:left;\">comprehensive income.</span><span style=\"display:inherit;clear:left;\">Income tax balances</span><span style=\"display:inherit;clear:left;\">The expected income tax payable on the taxable profits for the year is classified as current tax in the </span><span style=\"display:inherit;clear:left;\">balance sheet. Income taxes expected to fall due after more than one year are classified as non-current </span><span style=\"display:inherit;clear:left;\">liabilities or assets in the balance sheet. Income tax is measured using tax rates enacted or </span><span style=\"display:inherit;clear:left;\">substantially enacted at the balance sheet date and includes any adjustment to tax payable in respect </span><span style=\"display:inherit;clear:left;\">of previous years. Current and non-current income tax balances are not discounted.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__168-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 8 \u2013 TAX</span><span style=\"display:inherit;clear:left;position:relative;height:137.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 130.693px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tax on profit for the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current tax for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.398px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.85px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments related to previous years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.852px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustment of deferred tax</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.744px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.0273px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.0039px; width: 531.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income tax charge for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 204.756px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.6542px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.17px; width: 531.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tonnage tax charge for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 201.978px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff15; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.629px; width: 531.943px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 339.205px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.6542px; font-size: 11.25px; font-family: ff14; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span></span></span><span style=\"display:inherit;clear:left;\">The net movement in deferred tax of <span class=\"fs1\">USD 6.7m</span> for the year ended 31 December 2025 consists of the </span><span style=\"display:inherit;clear:left;\">reversal of the recognised deferred tax assets on account for corporate interest restriction and carry </span><span style=\"display:inherit;clear:left;\">forward of losses. . TORM has unutilized corporate interest restriction (CIR) balance of <span class=\"fs1\">USD 22.2m</span> </span><span style=\"display:inherit;clear:left;\">(2024: <span class=\"fs1\">USD 3.2m, </span>2023<span class=\"fs1\">: USD 2.1m</span>) and unabsorbed tax losses of <span class=\"fs1\">USD 38.7m</span> as on 31 December </span><span style=\"display:inherit;clear:left;\">2025 (2024: <span class=\"fs1\">USD 28.4m, </span>2023<span class=\"fs1\">: USD 21.0m</span>). TORM has not recognised deferred tax assets on <span class=\"fs1\">USD </span></span><span style=\"display:inherit;clear:left;\">60.9m<span class=\"fs4\"> (2024: </span>USD 2.2m, <span class=\"fs4\">2023</span>: USD 2.2m<span class=\"fs4\">) out of unutilized CIR and unabsorbed tax losses of which </span></span><span style=\"display:inherit;clear:left;\">trading losses of <span class=\"fs1\">USD 2.2m</span> (2024: <span class=\"fs1\">USD 2.2m, </span>2023<span class=\"fs1\">: USD 2.2m</span>) resulted prior to 2017 that may not </span><span style=\"display:inherit;clear:left;\">be used to offset taxable profit due to a high degree of uncertainty of future taxable profits.   </span><span style=\"display:inherit;clear:left;\">The majority of the Group's taxable income is located in Denmark, and therefore the majority of the tax </span><span style=\"display:inherit;clear:left;\">base is subject to Danish tax legislation. The Group has elected to participate in the Danish, UK and US </span><span style=\"display:inherit;clear:left;\">tonnage tax regime. The Danish and UK tonnage regime participation is binding until 2034. </span><span style=\"display:inherit;clear:left;\">The Group expects to participate in the tonnage tax regimes after the binding period and, as a </span><span style=\"display:inherit;clear:left;\">minimum, to maintain an investment and activity level equivalent to that at the time of entering the </span><span style=\"display:inherit;clear:left;\">tonnage tax scheme.</span><span style=\"display:inherit;clear:left;\">Under the different tonnage tax regimes that TORM is subject to, income and expenses from shipping </span><span style=\"display:inherit;clear:left;\">activities are not subject to direct taxation, and accordingly, an effective rate reconciliation has not </span><span style=\"display:inherit;clear:left;\">been provided, as it would not provide any meaningful information. Instead, the taxable income is </span><span style=\"display:inherit;clear:left;\">calculated from:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The net tonnage of the vessels used to generate the income from shipping activities</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>A rate applicable to the specific net tonnage of the vessels based on a sliding scale</span><span style=\"display:inherit;clear:left;\">Corporate income tax is primarily levied on the Group\u2019s non-vessel-related activities. The effective tax </span><span style=\"display:inherit;clear:left;\">rate of the Group is 3.2% (2024: 0.3%, 2023: 0.6%). Net deferred tax liability in relation to activities </span><span style=\"display:inherit;clear:left;\">outside the tonnage tax regime amounts to USD 2.2m.</span><span style=\"display:inherit;clear:left;position:relative;height:340.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 103.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 254.086px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax assets related to Corporate Interest </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2949px; width: 531.902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Restriction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 258.697px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 532.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax assets related to trading losses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.004px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.0449px; width: 531.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other temporary differences</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.5039px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax assets before offset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.389px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 122.67px; width: 271.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offset against deferred tax liabilities from Corporate </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 136.17px; width: 532.178px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest Restriction</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 215.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 153.045px; width: 531.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offset against deferred tax liabilities from trading losses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.92px; width: 532.383px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offset from tax liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 189.158px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 186.379px; width: 531.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax assets, net as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.6895px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 220.129px; width: 115.699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 237.42px; width: 532.066px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax liabilities arising from changes in equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 254.295px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other temporary differences</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.754px; width: 531.727px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax liabilities before offset</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.875px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 295.92px; width: 531.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offset from tax assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.424px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 312.795px; width: 532.424px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offset against tax liabilities arising from changes in equity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 329.254px; width: 531.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Deferred tax liabilities in the balance sheet</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.748px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span></span></span><span style=\"display:inherit;clear:left;\">Deferred tax assets and liabilities are offset and reported net where appropriate within territories.</span><span style=\"display:inherit;clear:left;\">Deferred tax at the balance sheet date have been measured using the appropriate enacted tax rates </span><span style=\"display:inherit;clear:left;\">and are reflected in these financial statements and all deferred tax movements arise from the </span><span style=\"display:inherit;clear:left;\">origination and reversal of temporary differences.</span><span style=\"display:inherit;clear:left;\">Deferred tax assets are recognized to the extent that the realization of the relaxed tax benefit through </span><span style=\"display:inherit;clear:left;\">future taxable profits is probable..  </span><span style=\"display:inherit;clear:left;\">The deferred tax liability is derived from temporary differences between the accounting and tax values </span><span style=\"display:inherit;clear:left;\">of derivative financial instruments of USD 2.0m (2024: USD 5.9m, 2023: USD 8.5m. </span><span style=\"display:inherit;clear:left;position:relative;height:45px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 263.139px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current tax liability related to held-over gains</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 532.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span></span></span><span style=\"display:inherit;clear:left;\">The non-current tax liability related to held-over gains is the undiscounted income tax payable </span><span style=\"display:inherit;clear:left;\">calculated on the realized gain on sale of vessels which came from corporate income taxation into the </span><span style=\"display:inherit;clear:left;\">Danish tonnage tax scheme upon initial application in 2001 (the held-over gain reflected in the </span><span style=\"display:inherit;clear:left;\">transition account under the Danish tonnage tax scheme). This tax liability will become payable, in part </span><span style=\"display:inherit;clear:left;\">or in full, if the Danish owned fleet of vessels is significantly or fully disposed of, or if operated to the </span><span style=\"display:inherit;clear:left;\">end of it\u2019s useful life and sold for scrap.</span><span style=\"display:inherit;clear:left;\">If TORM discontinues its participation in the Danish tonnage tax scheme, a deferred tax liability would </span><span style=\"display:inherit;clear:left;\">arise in relation to the vessels held by the Group and taken out of the tonnage tax scheme. The </span><span style=\"display:inherit;clear:left;\">Management considers this to be a remote scenario.</span><span style=\"display:inherit;clear:left;\">The Group operates in a wide variety of jurisdictions, in some of which the tax law is subject to varying </span><span style=\"display:inherit;clear:left;\">interpretations and potentially inconsistent enforcement. As a result, there can be practical </span><span style=\"display:inherit;clear:left;\">uncertainties in applying tax legislation to the Group's activities. Whilst the Group considers that it </span><span style=\"display:inherit;clear:left;\">operates in accordance with applicable tax law, there are potential tax exposures in respect of its </span><span style=\"display:inherit;clear:left;\">operations, the impact of which cannot be reliably estimated but could be material.</span><span style=\"display:inherit;clear:left;\">Deferred tax</span><span style=\"display:inherit;clear:left;\">Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets </span><span style=\"display:inherit;clear:left;\">and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred </span><span style=\"display:inherit;clear:left;\">tax is calculated at the income tax rates which are expected to apply in the period when the liability is </span><span style=\"display:inherit;clear:left;\">settled or the asset is realized, based on the laws which have been enacted or substantially enacted at </span><span style=\"display:inherit;clear:left;\">the balance sheet date. The deferred tax is charged through the income statement except when it </span><span style=\"display:inherit;clear:left;\">relates to other comprehensive income items. No deferred tax is recognized related to assets and </span><span style=\"display:inherit;clear:left;\">liabilities, including vessels which are subject to tonnage tax.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__172": {
   "value": "<span style=\"display:inherit;clear:left;\">Pillar Two Tax Effects</span><span style=\"display:inherit;clear:left;\">Pillar Two legislation has been enacted or substantively enacted in certain jurisdictions in which the </span><span style=\"display:inherit;clear:left;\">Group operates.  Under the legislation, the parent company will be required to pay, in UK, top-up tax on </span><span style=\"display:inherit;clear:left;\">profits of its subsidiaries that are taxed at an effective tax rate of less than 15%. The main jurisdictions </span><span style=\"display:inherit;clear:left;\">in which exposures to this tax may exist include Denmark, Singapore and the US. </span><span style=\"display:inherit;clear:left;\">As the majority of these companies\u2019 revenue consists of international shipping income, it is assessed </span><span style=\"display:inherit;clear:left;\">that this income will be excluded from the GloBE income with reference to the shipping carve out </span><span style=\"display:inherit;clear:left;\">described in Article 3.3.</span><span style=\"display:inherit;clear:left;\">TORM has applied the exception in IAS 12 'Income Taxes' to recognizing and disclosing information </span><span style=\"display:inherit;clear:left;\">about deferred tax assets and liabilities related to Pillar Two income taxes. </span><span style=\"display:inherit;clear:left;\">Based on our fiscal year for 2025, the Group has prepared a preliminary Transitional Country-by-</span><span style=\"display:inherit;clear:left;\">Country Reporting (CbCR) Safe Harbour assessment concluding that we expect to be eligible for the </span><span style=\"display:inherit;clear:left;\">Transitional CbCR Safe Harbour in a majority of jurisdictions in which we are present. As of 31 </span><span style=\"display:inherit;clear:left;\">December 2025, the calculated top-up tax does not have a material impact on our financial result.  </span><span style=\"display:inherit;clear:left;\">Tax</span><span style=\"display:inherit;clear:left;\">Tax expenses comprise the expected income tax charge for the year in accordance with IAS 12 as well </span><span style=\"display:inherit;clear:left;\">as tonnage tax related to the Group\u2019s vessels for the year. The income tax charge for the year includes </span><span style=\"display:inherit;clear:left;\">adjustments relating to previous years and the change in deferred tax for the year. However, income </span><span style=\"display:inherit;clear:left;\">tax relating to items in other comprehensive income is recognized directly in the statement of other </span><span style=\"display:inherit;clear:left;\">comprehensive income.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__173": {
   "value": "<span style=\"display:inherit;clear:left;\">Deferred tax</span><span style=\"display:inherit;clear:left;\">Deferred tax is recognized in respect of temporary differences between the carrying amounts of assets </span><span style=\"display:inherit;clear:left;\">and liabilities for financial reporting purposes and the amounts used for income tax purposes. Deferred </span><span style=\"display:inherit;clear:left;\">tax is calculated at the income tax rates which are expected to apply in the period when the liability is </span><span style=\"display:inherit;clear:left;\">settled or the asset is realized, based on the laws which have been enacted or substantially enacted at </span><span style=\"display:inherit;clear:left;\">the balance sheet date. The deferred tax is charged through the income statement except when it </span><span style=\"display:inherit;clear:left;\">relates to other comprehensive income items. No deferred tax is recognized related to assets and </span><span style=\"display:inherit;clear:left;\">liabilities, including vessels which are subject to tonnage tax.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__177": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 9 \u2013 INTANGIBLE ASSETS</span><span style=\"display:inherit;clear:left;position:relative;height:179.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 526.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GOODWILL</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 526.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 349.57px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 528.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.32px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.129px; width: 525.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 314.215px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.42px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.879px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 167.629px; width: 528.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span></span></span><span style=\"display:inherit;clear:left;\">The carrying amount of goodwill was allocated to the Marine Enginering cash-generating unit in 2022.</span><span style=\"display:inherit;clear:left;position:relative;height:280.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER INTANGIBLE ASSETS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 532.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.545px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.004px; width: 531.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.754px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.045px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.92px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.795px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.67px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.129px; width: 532.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.879px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.91px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 315.258px; top: 269.254px; width: 51.8672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 367.125px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.104px; top: 269.254px; width: 57.1699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.273px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 456.252px; top: 269.254px; width: 56.9004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 513.152px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.8</span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__178-1": {
   "value": "<span style=\"display:inherit;clear:left;position:relative;height:179.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.838px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 526.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">GOODWILL</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 526.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 349.57px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 528.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.32px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.129px; width: 525.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 314.215px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.42px; width: 528.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 180.287px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.879px; width: 528.686px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.291px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 167.629px; width: 528.34px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.084px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span></span></span><span style=\"display:inherit;clear:left;\">The carrying amount of goodwill was allocated to the Marine Enginering cash-generating unit in 2022.</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__179-1": {
   "value": "<span style=\"display:inherit;clear:left;position:relative;height:280.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 319.406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 383.402px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER INTANGIBLE ASSETS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 532.26px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.545px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.004px; width: 531.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.754px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.045px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.92px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Amortization for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.795px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer from other items</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.67px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.129px; width: 532.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.879px; width: 315.258px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.91px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 315.258px; top: 269.254px; width: 51.8672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 367.125px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 383.104px; top: 269.254px; width: 57.1699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 440.273px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 456.252px; top: 269.254px; width: 56.9004px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 513.152px; top: 269.254px; width: 15.9785px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1.8</span></span></span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__180": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span><span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__184": {
   "value": "<span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__183": {
   "value": "<span style=\"display:inherit;clear:left;\">Goodwill</span><span style=\"display:inherit;clear:left;\">Goodwill is measured as the excess of the cost of the business combination over the fair value of the </span><span style=\"display:inherit;clear:left;\">acquired assets, liabilities, and contingent liabilities and is recognized as an asset under intangible </span><span style=\"display:inherit;clear:left;\">assets. For each business combination, TORM elects whether to measure the non-controlling interests </span><span style=\"display:inherit;clear:left;\">in the acquiree at fair value or at the proportionate share of the acquiree\u2019s identifiable net assets. </span><span style=\"display:inherit;clear:left;\">Acquisition-related costs are expensed as incurred and included in administrative expenses. Goodwill is </span><span style=\"display:inherit;clear:left;\">not amortized as it is considered to have an indefinite useful life, but the recoverable amount of </span><span style=\"display:inherit;clear:left;\">goodwill is assessed annually. For impairment testing purposes, goodwill is on initial recognition </span><span style=\"display:inherit;clear:left;\">allocated to the cash generating unit expected to benefit from the synergies of the combination. If the </span><span style=\"display:inherit;clear:left;\">recoverable amount of the cash generating unit is less than the carrying amount of the unit, the </span><span style=\"display:inherit;clear:left;\">impairment loss is first allocated to reduce the carrying amount of any goodwill allocated to the unit </span><span style=\"display:inherit;clear:left;\">and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in </span><span style=\"display:inherit;clear:left;\">the unit. An impairment loss for goodwill is not reversed in a subsequent period.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__185": {
   "value": "<span style=\"display:inherit;clear:left;\">Other Intangible Assets</span><span style=\"display:inherit;clear:left;\">Other intangible assets consist of software and customer list acquired in connection with the Marine </span><span style=\"display:inherit;clear:left;\">Exhaust Technology A/S acquisition. Other intangible assets are measured at cost less accumulated </span><span style=\"display:inherit;clear:left;\">amortization and impairment losses. Other intangible assets are considered as having finite useful lives </span><span style=\"display:inherit;clear:left;\">and are amortized on a straight-line basis over: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Customer list: 7 years</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__189": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 10 \u2013 TANGIBLE FIXED ASSETS</span><span style=\"display:inherit;clear:left;position:relative;height:263.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 117.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">LAND AND BUILDINGS</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 529.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 352.647px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.236px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.754px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.504px; width: 529.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 309.627px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 226.879px; width: 531.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 251.629px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:355.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 228.434px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VESSELS AND CAPITALIZED DRY-DOCKING</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,500.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,622.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,421.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">298.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">792.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">476.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-29.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 531.955px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred from prepayments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 156.885px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">197.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.143px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-221.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-90.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-283.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 134.629px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,551.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,500.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,622.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.379px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">536.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">543.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-29.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 532.5px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">209.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">186.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">143.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.295px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-91.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-41.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-119.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 243.754px; width: 531.609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">748.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">660.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">536.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.504px; width: 62.6426px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Impairment:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.795px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 302.67px; width: 531.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.129px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 343.879px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,792.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,826.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,070.2 </span></span></span><span style=\"display:inherit;clear:left;\">Included in the carrying amount for \u201cVessels and capitalized dry-docking\u201d are capitalized dry-docking </span><span style=\"display:inherit;clear:left;\">costs in the amount of USD 132.8m (2024: USD 108.2m, 2023: USD 75.1m).</span><span style=\"display:inherit;clear:left;\">Included in the carrying amount for \u201cVessels and capitalized dry-docking\u201d are vessels on time charter </span><span style=\"display:inherit;clear:left;\">leases (as lessor) in the amount of USD 242.1m (2024: USD 395.5m, 2023: USD 169.8m). Please refer </span><span style=\"display:inherit;clear:left;\">to Note 22 for expected redelivery of the vessels. </span><span style=\"display:inherit;clear:left;\">In 2025 TORM took delivery of 1 (2024: 19, 2023: 5) vessel in connection with partly share-based </span><span style=\"display:inherit;clear:left;\">transactions for a total purchase price of USD 34.0m (2024: USD 864.5m, 2023: USD 173.0m). The fair </span><span style=\"display:inherit;clear:left;\">value of the vessels is based on the market approach which considers the valuations from two </span><span style=\"display:inherit;clear:left;\">internationally acknowledged shipbrokers with appropriate qualifications and recent experience in the </span><span style=\"display:inherit;clear:left;\">valuation of vessels. The shipbrokers\u2019 primary input is deadweight tonnage, yard, and age of the vessel. </span><span style=\"display:inherit;clear:left;\">The fair value assumes that the vessels are in good and seaworthy condition and with prompt, charter-</span><span style=\"display:inherit;clear:left;\">free delivery.</span><span style=\"display:inherit;clear:left;position:relative;height:137.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 152.678px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">PREPAYMENTS ON VESSELS</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.043px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">111.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.213px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transferred to vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 200.291px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-197.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-40.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 531.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.629px; width: 532.049px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.0 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:330.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 234.217px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OTHER PLANT AND OPERATING EQUIPMENT</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 531.914px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments to prior years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 266.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.045px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.74px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 151.504px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.254px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 193.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 210.42px; width: 532.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Adjustments to prior years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 177.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 227.295px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 179.859px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 244.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.19px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 261.045px; width: 531.979px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.603px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 277.92px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 265.74px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 294.379px; width: 531.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 319.129px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 125.133px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span></span></span><span style=\"display:inherit;clear:left;\">For information on assets provided as collateral security, please refer to Note 20. Please refer to Note </span><span style=\"display:inherit;clear:left;\">12 for information on impairment testing.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Vessels</span><span style=\"display:inherit;clear:left;\">Vessels consist of owned vessels and vessels financed via sale and leaseback transactions. Vessels  </span><span style=\"display:inherit;clear:left;\">are measured at cost less accumulated depreciation and accumulated impairment losses. Costs </span><span style=\"display:inherit;clear:left;\">comprise acquisition costs and costs directly related to the acquisition up until the time when the </span><span style=\"display:inherit;clear:left;\">asset is ready for use, including interest expenses incurred during the period of construction. In partly </span><span style=\"display:inherit;clear:left;\">share-based acquisitions, vessels are measured at fair value at the delivery date, where the purchase </span><span style=\"display:inherit;clear:left;\">price is compared to valuations from two internationally acknowledged shipbrokers with appropriate </span><span style=\"display:inherit;clear:left;\">qualifications and recent experience in the valuation of vessels and adjusted if a material difference is </span><span style=\"display:inherit;clear:left;\">identified. All major components of vessels (scrubbers, etc.) except for dry-docking costs are </span><span style=\"display:inherit;clear:left;\">depreciated on a straight-line basis to the estimated residual value over their estimated useful life. </span><span style=\"display:inherit;clear:left;\">Different drivers such as TORM\u2019s short and long-term climate targets, the revised IMO\u2019s Green House </span><span style=\"display:inherit;clear:left;\">Gas Strategy, and other new regulation and policies with increased focus on carbon reduction on both </span><span style=\"display:inherit;clear:left;\">short and long-term impact the determination of the estimated useful life. Considering the different </span><span style=\"display:inherit;clear:left;\">drivers, TORM estimates the useful life to be 25 years for newbuildings - in line with previous years and </span><span style=\"display:inherit;clear:left;\">with what is used by other shipowners with comparable tonnage. Depreciation is based on costs less </span><span style=\"display:inherit;clear:left;\">the estimated residual value. Residual value is estimated as the lightweight tonnage of each vessel </span><span style=\"display:inherit;clear:left;\">multiplied by the recycling prices per ton. TORM has completed phasing in green recycling prices in the </span><span style=\"display:inherit;clear:left;\">calculation of residual values by applying a weighted average of green recycling and conventional </span><span style=\"display:inherit;clear:left;\">recycling prices, while using a three-year average to limit volatility. The useful life and the residual </span><span style=\"display:inherit;clear:left;\">value of the vessels are reviewed at least at each financial year-end based on market conditions, </span><span style=\"display:inherit;clear:left;\">regulatory requirements, and TORM\u2019s business plans.</span><span style=\"display:inherit;clear:left;\">TORM also evaluates the carrying amounts to determine if events have occurred which indicate </span><span style=\"display:inherit;clear:left;\">impairment and would require a modification of the carrying amounts at the reporting date. </span><span style=\"display:inherit;clear:left;\">Prepayment on vessels is measured at costs incurred.</span><span style=\"display:inherit;clear:left;\">Dry-docking</span><span style=\"display:inherit;clear:left;\">Approximately every 24 and 60 months, depending on the nature of work and external requirements, </span><span style=\"display:inherit;clear:left;\">the vessels are required to undergo planned dry-dockings for replacement of certain components, </span><span style=\"display:inherit;clear:left;\">major repairs, and major maintenance of other components, which cannot be carried out while the </span><span style=\"display:inherit;clear:left;\">vessels are operating. These dry-docking costs are capitalized and depreciated on a straight-line basis </span><span style=\"display:inherit;clear:left;\">over the estimated period until the next dry-docking. The residual value of such components is </span><span style=\"display:inherit;clear:left;\">estimated at nil. The useful life of the dry-docking costs is reviewed at least at each financial year-end </span><span style=\"display:inherit;clear:left;\">based on market conditions, regulatory requirements, and TORM\u2019s business plans. A portion of the cost </span><span style=\"display:inherit;clear:left;\">of acquiring a new vessel is allocated to the components expected to be replaced or refurbished at the </span><span style=\"display:inherit;clear:left;\">next dry-docking. Depreciation thereof is carried over the period until the next dry-dockin<span class=\"_ _34\"></span>g. For </span><span style=\"display:inherit;clear:left;\">newbuildings, the initial dry-docking asset is estimated based on the expected costs related to the </span><span style=\"display:inherit;clear:left;\">first-coming dry-docking, which again is based on experience and history of similar vessels. For </span><span style=\"display:inherit;clear:left;\">second-hand vessels, a dry-docking asset is also segregated and capitalized separately, taking into </span><span style=\"display:inherit;clear:left;\">account the normal docking intervals of the vessels.</span><span style=\"display:inherit;clear:left;\">At subsequent dry-dockings, the costs comprise the actual costs incurred at the dry-docking yard. </span><span style=\"display:inherit;clear:left;\">Dry-docking costs may include the cost of hiring crews to carry out replacements and repairs, the cost </span><span style=\"display:inherit;clear:left;\">of parts and materials used, the cost of travel, lodging and supervision of Company personnel as well </span><span style=\"display:inherit;clear:left;\">as the cost of hiring third-party personnel to oversee a dry-docking. Dry-docking activities include, but </span><span style=\"display:inherit;clear:left;\">are not limited to, the inspection, service on turbocharger, replacement of shaft seals, service on boiler, </span><span style=\"display:inherit;clear:left;\">replacement of hull anodes, applying of anti-fouling and hull paint, steel repairs as well as </span><span style=\"display:inherit;clear:left;\">refurbishment and replacement of other parts of the vessel.</span><span style=\"display:inherit;clear:left;\">Prepayments on vessels</span><span style=\"display:inherit;clear:left;\">Prepayments consist of prepayments related to the purchase of second-hand vessels not yet delivered </span><span style=\"display:inherit;clear:left;\">and to newbuilding contracts for vessels not yet delivered which also include the share of borrowing </span><span style=\"display:inherit;clear:left;\">costs directly attributable to the acquisition of the underlying vessel. When a vessel is delivered, the </span><span style=\"display:inherit;clear:left;\">prepaid amount is reallocated to the financial statement line \u201cVessels and capitalized dry-docking\u201d.</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment consist of leaseholds regarding office </span><span style=\"display:inherit;clear:left;\">buildings, leasehold improvements, company cars, IT equipment, and software and is measured at </span><span style=\"display:inherit;clear:left;\">historical cost less accumulated depreciation and any impairment loss. Any subsequent cost is </span><span style=\"display:inherit;clear:left;\">included in the asset\u2019s carrying amount or recognized as a separate asset only when it is probable that </span><span style=\"display:inherit;clear:left;\">future economic benefits are associated with the item and the cost of the item can be measured </span><span style=\"display:inherit;clear:left;\">reliably. Depreciation is based on the straight-line method over the estimated useful life of the assets. </span><span style=\"display:inherit;clear:left;\">The current estimates are:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Land and buildings </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Office buildings: Over the shorter of the remaining leasing term and the estimated useful life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasehold improvements: Over the shorter of the remaining leasing term and the estimated useful </span><span style=\"display:inherit;clear:left;\">life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other plant and operating equipment:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Company cars: Over the lease term, typically 3 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IT equipment: 3\u20135 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3\u20135 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other equipment 3\u201315 years</span><span style=\"display:inherit;clear:left;\">The depreciation commences when the asset is available for use, i.e. when it is in the location and </span><span style=\"display:inherit;clear:left;\">condition necessary for it to be capable of operating in the manner intended by the Management. F<span class=\"_ _34\"></span>or a </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">right-of-use asset, depreciation commences at the commencement date of the lease.</span></span> </span><span style=\"display:inherit;clear:left;\">Assets held for sale</span><span style=\"display:inherit;clear:left;\">Assets are classified as held-for-sale if the carrying amount will be recovered principally through a </span><span style=\"display:inherit;clear:left;\">sales transaction rather than through continuing use. This condition is regarded as met only when the </span><span style=\"display:inherit;clear:left;\">asset is available for immediate sale in its present condition subject to terms which are usual and </span><span style=\"display:inherit;clear:left;\">customary for sales of such assets, and when its sale is highly probable. The Management must be </span><span style=\"display:inherit;clear:left;\">committed to the sale, which should be expected to qualify for recognition as a completed sale within </span><span style=\"display:inherit;clear:left;\">one year from the date of classification. </span><span style=\"display:inherit;clear:left;\">Assets held for sale mainly refer to vessels being sold and are measured at the lower of their previous </span><span style=\"display:inherit;clear:left;\">carrying amount and fair value less costs to sell. Gains are recognized on delivery to the new owners in </span><span style=\"display:inherit;clear:left;\">the income statement in the item \u201cProfit from sale of vessels\u201d. Anticipated losses are recognized at the </span><span style=\"display:inherit;clear:left;\">time when the asset is classified as held-for-sale in the item \u201cImpairment losses on tangible and </span><span style=\"display:inherit;clear:left;\">intangible assets\u201d.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__191": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Vessels</span><span style=\"display:inherit;clear:left;\">Vessels consist of owned vessels and vessels financed via sale and leaseback transactions. Vessels  </span><span style=\"display:inherit;clear:left;\">are measured at cost less accumulated depreciation and accumulated impairment losses. Costs </span><span style=\"display:inherit;clear:left;\">comprise acquisition costs and costs directly related to the acquisition up until the time when the </span><span style=\"display:inherit;clear:left;\">asset is ready for use, including interest expenses incurred during the period of construction. In partly </span><span style=\"display:inherit;clear:left;\">share-based acquisitions, vessels are measured at fair value at the delivery date, where the purchase </span><span style=\"display:inherit;clear:left;\">price is compared to valuations from two internationally acknowledged shipbrokers with appropriate </span><span style=\"display:inherit;clear:left;\">qualifications and recent experience in the valuation of vessels and adjusted if a material difference is </span><span style=\"display:inherit;clear:left;\">identified. All major components of vessels (scrubbers, etc.) except for dry-docking costs are </span><span style=\"display:inherit;clear:left;\">depreciated on a straight-line basis to the estimated residual value over their estimated useful life. </span><span style=\"display:inherit;clear:left;\">Different drivers such as TORM\u2019s short and long-term climate targets, the revised IMO\u2019s Green House </span><span style=\"display:inherit;clear:left;\">Gas Strategy, and other new regulation and policies with increased focus on carbon reduction on both </span><span style=\"display:inherit;clear:left;\">short and long-term impact the determination of the estimated useful life. Considering the different </span><span style=\"display:inherit;clear:left;\">drivers, TORM estimates the useful life to be 25 years for newbuildings - in line with previous years and </span><span style=\"display:inherit;clear:left;\">with what is used by other shipowners with comparable tonnage. Depreciation is based on costs less </span><span style=\"display:inherit;clear:left;\">the estimated residual value. Residual value is estimated as the lightweight tonnage of each vessel </span><span style=\"display:inherit;clear:left;\">multiplied by the recycling prices per ton. TORM has completed phasing in green recycling prices in the </span><span style=\"display:inherit;clear:left;\">calculation of residual values by applying a weighted average of green recycling and conventional </span><span style=\"display:inherit;clear:left;\">recycling prices, while using a three-year average to limit volatility. The useful life and the residual </span><span style=\"display:inherit;clear:left;\">value of the vessels are reviewed at least at each financial year-end based on market conditions, </span><span style=\"display:inherit;clear:left;\">regulatory requirements, and TORM\u2019s business plans.</span><span style=\"display:inherit;clear:left;\">TORM also evaluates the carrying amounts to determine if events have occurred which indicate </span><span style=\"display:inherit;clear:left;\">impairment and would require a modification of the carrying amounts at the reporting date. </span><span style=\"display:inherit;clear:left;\">Prepayment on vessels is measured at costs incurred.</span><span style=\"display:inherit;clear:left;\">Dry-docking</span><span style=\"display:inherit;clear:left;\">Approximately every 24 and 60 months, depending on the nature of work and external requirements, </span><span style=\"display:inherit;clear:left;\">the vessels are required to undergo planned dry-dockings for replacement of certain components, </span><span style=\"display:inherit;clear:left;\">major repairs, and major maintenance of other components, which cannot be carried out while the </span><span style=\"display:inherit;clear:left;\">vessels are operating. These dry-docking costs are capitalized and depreciated on a straight-line basis </span><span style=\"display:inherit;clear:left;\">over the estimated period until the next dry-docking. The residual value of such components is </span><span style=\"display:inherit;clear:left;\">estimated at nil. The useful life of the dry-docking costs is reviewed at least at each financial year-end </span><span style=\"display:inherit;clear:left;\">based on market conditions, regulatory requirements, and TORM\u2019s business plans. A portion of the cost </span><span style=\"display:inherit;clear:left;\">of acquiring a new vessel is allocated to the components expected to be replaced or refurbished at the </span><span style=\"display:inherit;clear:left;\">next dry-docking. Depreciation thereof is carried over the period until the next dry-dockin<span class=\"_ _34\"></span>g. For </span><span style=\"display:inherit;clear:left;\">newbuildings, the initial dry-docking asset is estimated based on the expected costs related to the </span><span style=\"display:inherit;clear:left;\">first-coming dry-docking, which again is based on experience and history of similar vessels. For </span><span style=\"display:inherit;clear:left;\">second-hand vessels, a dry-docking asset is also segregated and capitalized separately, taking into </span><span style=\"display:inherit;clear:left;\">account the normal docking intervals of the vessels.</span><span style=\"display:inherit;clear:left;\">At subsequent dry-dockings, the costs comprise the actual costs incurred at the dry-docking yard. </span><span style=\"display:inherit;clear:left;\">Dry-docking costs may include the cost of hiring crews to carry out replacements and repairs, the cost </span><span style=\"display:inherit;clear:left;\">of parts and materials used, the cost of travel, lodging and supervision of Company personnel as well </span><span style=\"display:inherit;clear:left;\">as the cost of hiring third-party personnel to oversee a dry-docking. Dry-docking activities include, but </span><span style=\"display:inherit;clear:left;\">are not limited to, the inspection, service on turbocharger, replacement of shaft seals, service on boiler, </span><span style=\"display:inherit;clear:left;\">replacement of hull anodes, applying of anti-fouling and hull paint, steel repairs as well as </span><span style=\"display:inherit;clear:left;\">refurbishment and replacement of other parts of the vessel.</span><span style=\"display:inherit;clear:left;\">Prepayments on vessels</span><span style=\"display:inherit;clear:left;\">Prepayments consist of prepayments related to the purchase of second-hand vessels not yet delivered </span><span style=\"display:inherit;clear:left;\">and to newbuilding contracts for vessels not yet delivered which also include the share of borrowing </span><span style=\"display:inherit;clear:left;\">costs directly attributable to the acquisition of the underlying vessel. When a vessel is delivered, the </span><span style=\"display:inherit;clear:left;\">prepaid amount is reallocated to the financial statement line \u201cVessels and capitalized dry-docking\u201d.</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment</span><span style=\"display:inherit;clear:left;\">Land and buildings and other plant and operating equipment consist of leaseholds regarding office </span><span style=\"display:inherit;clear:left;\">buildings, leasehold improvements, company cars, IT equipment, and software and is measured at </span><span style=\"display:inherit;clear:left;\">historical cost less accumulated depreciation and any impairment loss. Any subsequent cost is </span><span style=\"display:inherit;clear:left;\">included in the asset\u2019s carrying amount or recognized as a separate asset only when it is probable that </span><span style=\"display:inherit;clear:left;\">future economic benefits are associated with the item and the cost of the item can be measured </span><span style=\"display:inherit;clear:left;\">reliably. Depreciation is based on the straight-line method over the estimated useful life of the assets. </span><span style=\"display:inherit;clear:left;\">The current estimates are:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Land and buildings </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Office buildings: Over the shorter of the remaining leasing term and the estimated useful life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Leasehold improvements: Over the shorter of the remaining leasing term and the estimated useful </span><span style=\"display:inherit;clear:left;\">life</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other plant and operating equipment:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Company cars: Over the lease term, typically 3 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>IT equipment: 3\u20135 years </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Software: 3\u20135 years</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Other equipment 3\u201315 years</span><span style=\"display:inherit;clear:left;\">The depreciation commences when the asset is available for use, i.e. when it is in the location and </span><span style=\"display:inherit;clear:left;\">condition necessary for it to be capable of operating in the manner intended by the Management. F<span class=\"_ _34\"></span>or a </span><span style=\"display:inherit;clear:left;\"><span><span style=\"display:inherit;clear:left;\">right-of-use asset, depreciation commences at the commencement date of the lease.</span></span> </span><span style=\"display:inherit;clear:left;\">Assets held for sale</span><span style=\"display:inherit;clear:left;\">Assets are classified as held-for-sale if the carrying amount will be recovered principally through a </span><span style=\"display:inherit;clear:left;\">sales transaction rather than through continuing use. This condition is regarded as met only when the </span><span style=\"display:inherit;clear:left;\">asset is available for immediate sale in its present condition subject to terms which are usual and </span><span style=\"display:inherit;clear:left;\">customary for sales of such assets, and when its sale is highly probable. The Management must be </span><span style=\"display:inherit;clear:left;\">committed to the sale, which should be expected to qualify for recognition as a completed sale within </span><span style=\"display:inherit;clear:left;\">one year from the date of classification. </span><span style=\"display:inherit;clear:left;\">Assets held for sale mainly refer to vessels being sold and are measured at the lower of their previous </span><span style=\"display:inherit;clear:left;\">carrying amount and fair value less costs to sell. Gains are recognized on delivery to the new owners in </span><span style=\"display:inherit;clear:left;\">the income statement in the item \u201cProfit from sale of vessels\u201d. Anticipated losses are recognized at the </span><span style=\"display:inherit;clear:left;\">time when the asset is classified as held-for-sale in the item \u201cImpairment losses on tangible and </span><span style=\"display:inherit;clear:left;\">intangible assets\u201d.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__195": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 11 \u2013 LEASING</span><span style=\"display:inherit;clear:left;\">TORM leases office buildings, some vehicles, and other administrative equipment. Except for short-term </span><span style=\"display:inherit;clear:left;\">leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use </span><span style=\"display:inherit;clear:left;\">asset with a corresponding lease liability. The right-of-use assets are included in the financial </span><span style=\"display:inherit;clear:left;\">statement line item in which the corresponding underlying assets would be presented if they were </span><span style=\"display:inherit;clear:left;\">owned. Please refer to Note 10.</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM had recognized the following right-of-use assets:</span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.1914px; width: 33.9492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 530.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 530.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.066px; width: 172.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 183.795px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 199.941px; width: 144.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 200.67px; width: 144.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 216.816px; width: 52.9219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 217.545px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 233.691px; width: 136.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 234.42px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 504.844px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 473.656px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 531.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 531.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 530.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 258.697px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 464.172px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 503.312px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.734px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.359px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 401.984px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 528.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 528.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.217px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 528.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 528.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 528.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 528.779px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.547px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 528.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 528.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 164.168px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span></span></span><span style=\"display:inherit;clear:left;\">The table below describes the nature of the Group\u2019s leasing activities by type of right-of-use assets </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet as of 31 December 2025:</span><span style=\"display:inherit;clear:left;position:relative;height:153.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 525.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of right-of-use assets leased</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 525.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Range of remaining term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 3 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 525.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average remaining lease term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 525.188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with extension options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 525.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with options to purchase</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.27px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.17px; width: 193.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with termination options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.438px; top: 141.441px; width: 7.20117px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.703px; top: 142.17px; width: 6.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span></span></span><span style=\"display:inherit;clear:left;\">Lease liabilities regarding right-of-use assets are included on the balance sheet under \u201cBorrowings\u201d. </span><span style=\"display:inherit;clear:left;position:relative;height:167.666015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 290.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Maturity analysis - contractual undiscounted cash flow</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Less than one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.615px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One to five years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 227.906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total undiscounted lease liabilities as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 283.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilities included under \u201cBorrowings\u201d as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.105px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 252.457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.42px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span></span><span style=\"display:inherit;clear:left;\">Extension and termination options are included in several leases in order to optimize operational </span><span style=\"display:inherit;clear:left;\">flexibility in terms of managing contracts. The lease term determined by TORM is the non-cancellable </span><span style=\"display:inherit;clear:left;\">period of a lease, together with any extension/termination options if these are/are not reasonably </span><span style=\"display:inherit;clear:left;\">certain to be exercised. </span><span style=\"display:inherit;clear:left;\">Lease payments not recognized as a liability</span><span style=\"display:inherit;clear:left;\">TORM has elected not to recognize a lease liability for short-term leases (leases of an expected term of </span><span style=\"display:inherit;clear:left;\">12 months or less) or for leases of low-value assets. Payments made under such leases are expensed </span><span style=\"display:inherit;clear:left;\">on a straight-line basis. The expenses relating to payments not recognized as a lease liability are </span><span style=\"display:inherit;clear:left;\">insignificant.</span><span style=\"display:inherit;clear:left;\">Cash outflow for leases</span><span style=\"display:inherit;clear:left;\">The total cash outflow for leases amounts to USD 3.6m (2024: USD 3.6m, 2023: USD 3.2m.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__194-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 11 \u2013 LEASING</span><span style=\"display:inherit;clear:left;\">TORM leases office buildings, some vehicles, and other administrative equipment. Except for short-term </span><span style=\"display:inherit;clear:left;\">leases and leases of low-value assets, each lease is reflected on the balance sheet as a right-of-use </span><span style=\"display:inherit;clear:left;\">asset with a corresponding lease liability. The right-of-use assets are included in the financial </span><span style=\"display:inherit;clear:left;\">statement line item in which the corresponding underlying assets would be presented if they were </span><span style=\"display:inherit;clear:left;\">owned. Please refer to Note 10.</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM had recognized the following right-of-use assets:</span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.1914px; width: 33.9492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 530.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 530.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.066px; width: 172.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 183.795px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 199.941px; width: 144.135px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 200.67px; width: 144.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 216.816px; width: 52.9219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 217.545px; width: 144.041px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 233.691px; width: 136.875px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 387px; top: 234.42px; width: 143.912px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 504.844px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 473.656px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 530.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 531.393px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 338.408px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 530.836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 531.064px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 531.328px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 246.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 530.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 337.605px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 530.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 258.697px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 530.754px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 211.945px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 530.602px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 166.178px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:287.25px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 464.172px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 503.312px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.734px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.359px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 40.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 401.984px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 466.406px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.3789px; width: 27.5859px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cost:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 528.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 528.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 528.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Additions</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 336.217px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.754px; width: 528.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 166.504px; width: 70.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 183.795px; width: 528.662px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 223.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 200.67px; width: 528.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Exchange rate adjustments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 244.107px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 217.545px; width: 528.521px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Disposals</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 335.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 234.42px; width: 528.779px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Depreciation for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 256.547px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 250.879px; width: 528.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 209.672px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 275.629px; width: 528.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount as of 31 December 2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 164.168px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span></span></span><span style=\"display:inherit;clear:left;\">The table below describes the nature of the Group\u2019s leasing activities by type of right-of-use assets </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet as of 31 December 2025:</span><span style=\"display:inherit;clear:left;position:relative;height:153.4375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 465.531px; top: 0.0039062px; width: 62.2734px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other plant </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 505.219px; top: 13.5039px; width: 22.4355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 27.0039px; width: 51.3809px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Land and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 474.688px; top: 27.0039px; width: 53.7305px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 403.516px; top: 40.5039px; width: 48.0527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">buildings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 468.625px; top: 40.5039px; width: 56.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">equipment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.7949px; width: 525.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of right-of-use assets leased</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 74.6699px; width: 525.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Range of remaining term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 5 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.7715px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0 - 3 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.5449px; width: 525.293px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Average remaining lease term</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 251.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7 years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 years</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.42px; width: 525.188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with extension options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 125.295px; width: 525.129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with options to purchase</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 249.27px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.17px; width: 193.922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">No. of leases with termination options</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 445.438px; top: 141.441px; width: 7.20117px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 517.703px; top: 142.17px; width: 6.75px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">5</span></span></span><span style=\"display:inherit;clear:left;\">Lease liabilities regarding right-of-use assets are included on the balance sheet under \u201cBorrowings\u201d. </span><span style=\"display:inherit;clear:left;position:relative;height:167.666015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 290.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Maturity analysis - contractual undiscounted cash flow</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Less than one year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.615px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">One to five years</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 227.906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 531.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total undiscounted lease liabilities as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.879px; width: 283.389px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lease liabilities included under \u201cBorrowings\u201d as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.379px; width: 531.703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.105px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 252.457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.42px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span></span><span style=\"display:inherit;clear:left;\">Extension and termination options are included in several leases in order to optimize operational </span><span style=\"display:inherit;clear:left;\">flexibility in terms of managing contracts. The lease term determined by TORM is the non-cancellable </span><span style=\"display:inherit;clear:left;\">period of a lease, together with any extension/termination options if these are/are not reasonably </span><span style=\"display:inherit;clear:left;\">certain to be exercised. </span><span style=\"display:inherit;clear:left;\">Lease payments not recognized as a liability</span><span style=\"display:inherit;clear:left;\">TORM has elected not to recognize a lease liability for short-term leases (leases of an expected term of </span><span style=\"display:inherit;clear:left;\">12 months or less) or for leases of low-value assets. Payments made under such leases are expensed </span><span style=\"display:inherit;clear:left;\">on a straight-line basis. The expenses relating to payments not recognized as a lease liability are </span><span style=\"display:inherit;clear:left;\">insignificant.</span><span style=\"display:inherit;clear:left;\">Cash outflow for leases</span><span style=\"display:inherit;clear:left;\">The total cash outflow for leases amounts to USD 3.6m (2024: USD 3.6m, 2023: USD 3.2m.</span><span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span><span style=\"display:inherit;clear:left;\">NOTE 19 \u2013 EFFECTIVE INTEREST RATE, OUTSTANDING BORROWINGS</span><span style=\"display:inherit;clear:left;position:relative;height:445.541015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1001.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 432.435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.6154px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 191.777px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.875px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 400.734px; top: 16.5039px; width: 34.5645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fixed/</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 534.172px; top: 16.5039px; width: 47.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effective</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 609.984px; top: 16.5039px; width: 45.3867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 753.656px; top: 16.5039px; width: 47.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effective</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 828.719px; top: 16.5039px; width: 45.3867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 973.391px; top: 16.5039px; width: 47.4902px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effective</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1047.72px; top: 16.5039px; width: 45.3867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.4199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 394.875px; top: 30.0039px; width: 113.742px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 534.172px; top: 30.0039px; width: 47.0508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">interest\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 620.109px; top: 30.0039px; width: 107.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 753.656px; top: 30.0039px; width: 47.0508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">interest\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 839.781px; top: 30.0039px; width: 107.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 27.8965px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 973.391px; top: 30.0039px; width: 47.0508px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">interest\u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1059.61px; top: 30.0039px; width: 34.8574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value\u00b2\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 46.8789px; width: 59.8887px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1699px; width: 1093.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bond Facility\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 334.113px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">10.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">200.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.0449px; width: 1093.29px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">CMBFL\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 364.611px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">106.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">159.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2033</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">195.8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.9199px; width: 1093.46px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Springliner (USD)\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 314.215px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">25.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 114.795px; width: 1093.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">CDBL\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 372.457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Fixed</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">136.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">149.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 139.545px; width: 1093.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">BoComm 2 (USD)\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 298.266px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.1739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">17.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">62.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">66.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.42px; width: 1093.48px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Credit Agricole Facility\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.855px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.295px; width: 1093.31px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DSF Facility\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 325.488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">107.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">123.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">140.1</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.17px; width: 1093.32px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DSF Facility 2\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.533px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">76.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">92.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">52.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.045px; width: 1093.76px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DSF Facility 3\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.533px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">27.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.3185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 223.92px; width: 1093.49px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">HCOB Facility\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 316.102px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2031</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.795px; width: 1093.46px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ING\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 368.643px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">44.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">57.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 257.67px; width: 1093.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">KFW Facility\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 323.496px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">28.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2032</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 274.545px; width: 1093.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicate Facility 2025\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 264.498px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">5.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">248.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 291.42px; width: 1093.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other credit facilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 285.756px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 308.295px; width: 1093.37px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">BoComm 3 (USD)\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 298.266px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">73.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.502px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 325.17px; width: 1093.17px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Syndicate Facility 2023\u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 264.498px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Floating</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 64.8221px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">160.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">224.0</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 341.629px; width: 1093.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total borrowings and weighted average effective interest rate\u2074\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 220.318px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,005.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.041px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">7.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,234.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.531px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.24805px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,066.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 358.191px; width: 88.9102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowing costs</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 627.156px; top: 358.92px; width: 465.721px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">-13.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 192.404px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-17.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 192.404px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-13.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 375.066px; width: 152.221px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Right-of-use lease liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 375.795px; width: 461.309px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">10.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.027px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 392.254px; width: 1093.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 586.774px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,003.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 178.383px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 178.383px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 417.42px; width: 1098.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hereof non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 490.811px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">789.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,061.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">886.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.295px; width: 1099.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hereof current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 514.53px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">213.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">165.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">172.7 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Ef<span class=\"_ _31\"></span>fec<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>int<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>est<span class=\"_ _31\"></span> ra<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span> in<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>des<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>efe<span class=\"_ _31\"></span>rre<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>bor<span class=\"_ _31\"></span>row<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> c<span class=\"_ _31\"></span>ost<span class=\"_ _31\"></span>s.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Be<span class=\"_ _31\"></span>cau<span class=\"_ _31\"></span>se<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>flo<span class=\"_ _31\"></span>ati<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>in<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span>est<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>ate<span class=\"_ _31\"></span>, t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ca<span class=\"_ _31\"></span>rry<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> v<span class=\"_ _31\"></span>alu<span class=\"_ _31\"></span>e o<span class=\"_ _31\"></span>f <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> Gr<span class=\"_ _31\"></span>oup<span class=\"_ _31\"></span>'s<span class=\"_ _31\"></span> bo<span class=\"_ _31\"></span>rro<span class=\"_ _31\"></span>wi<span class=\"_ _31\"></span>ngs<span class=\"_ _31\"></span> is<span class=\"_ _31\"></span> ap<span class=\"_ _31\"></span>pr<span class=\"_ _31\"></span>oxi<span class=\"_ _31\"></span>mat<span class=\"_ _31\"></span>ely<span class=\"_ _31\"></span> e<span class=\"_ _31\"></span>qua<span class=\"_ _31\"></span>l t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> fa<span class=\"_ _31\"></span>ir<span class=\"_ _31\"></span> va<span class=\"_ _31\"></span>lue<span class=\"_ _31\"></span> ex<span class=\"_ _31\"></span>ce<span class=\"_ _31\"></span>pt <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>ixe<span class=\"_ _31\"></span>d r<span class=\"_ _31\"></span>ate<span class=\"_ _31\"></span> b<span class=\"_ _31\"></span>orr<span class=\"_ _31\"></span>owi<span class=\"_ _31\"></span>ng<span class=\"_ _31\"></span>s, <span class=\"_ _31\"></span>whe<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e f<span class=\"_ _31\"></span>air<span class=\"_ _31\"></span> v<span class=\"_ _31\"></span>alu<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>mou<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>s t<span class=\"_ _31\"></span>o <span class=\"_ _18b\"> </span>US<span class=\"_ _31\"></span>D 3<span class=\"_ _31\"></span>26.<span class=\"_ _31\"></span>2m<span class=\"_ _31\"></span> (2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>4: <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 5<span class=\"_ _31\"></span>44.<span class=\"_ _31\"></span>8m<span class=\"_ _31\"></span>, 2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>3: <span class=\"_ _31\"></span> U<span class=\"_ _31\"></span>SD <span class=\"_ _31\"></span>402<span class=\"_ _31\"></span>.8<span class=\"_ _31\"></span>m </span><span style=\"display:inherit;clear:left;\">(c<span class=\"_ _31\"></span>omp<span class=\"_ _31\"></span>are<span class=\"_ _31\"></span>d t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>a t<span class=\"_ _31\"></span>ota<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>car<span class=\"_ _31\"></span>ryi<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>va<span class=\"_ _31\"></span>lue<span class=\"_ _31\"></span> as<span class=\"_ _31\"></span> o<span class=\"_ _31\"></span>f <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>ber<span class=\"_ _31\"></span> 2<span class=\"_ _31\"></span>025<span class=\"_ _31\"></span> o<span class=\"_ _31\"></span>f U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 32<span class=\"_ _31\"></span>8.6<span class=\"_ _31\"></span>m,<span class=\"_ _31\"></span> 2<span class=\"_ _31\"></span>024<span class=\"_ _31\"></span>: U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 52<span class=\"_ _31\"></span>1.0<span class=\"_ _31\"></span>m,<span class=\"_ _31\"></span> 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>: U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 37<span class=\"_ _31\"></span>2.7<span class=\"_ _31\"></span>m)<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> Le<span class=\"_ _31\"></span>ase<span class=\"_ _31\"></span> d<span class=\"_ _31\"></span>ebt<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>co<span class=\"_ _31\"></span>gni<span class=\"_ _31\"></span>zed<span class=\"_ _31\"></span> un<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>r s<span class=\"_ _31\"></span>ale<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>nd <span class=\"_ _31\"></span>lea<span class=\"_ _31\"></span>seb<span class=\"_ _31\"></span>ac<span class=\"_ _31\"></span>k a<span class=\"_ _31\"></span>rra<span class=\"_ _31\"></span>nge<span class=\"_ _31\"></span>me<span class=\"_ _31\"></span>nt <span class=\"_ _31\"></span>wit<span class=\"_ _31\"></span>h <span class=\"_ _31\"></span>rep<span class=\"_ _31\"></span>urc<span class=\"_ _31\"></span>has<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>opt<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>(ac<span class=\"_ _31\"></span>cou<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> as<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>ina<span class=\"_ _31\"></span>nce<span class=\"_ _31\"></span> tr<span class=\"_ _31\"></span>an<span class=\"_ _31\"></span>sac<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>ns<span class=\"_ _31\"></span>).</span><span style=\"display:inherit;clear:left;\">4)<span class=\"_ _31\"></span> Pl<span class=\"_ _31\"></span>eas<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>ref<span class=\"_ _31\"></span>er <span class=\"_ _31\"></span>to<span class=\"_ _31\"></span> N<span class=\"_ _31\"></span>ote<span class=\"_ _31\"></span> 23<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>ave<span class=\"_ _31\"></span>ra<span class=\"_ _31\"></span>ge <span class=\"_ _31\"></span>int<span class=\"_ _31\"></span>ere<span class=\"_ _31\"></span>st<span class=\"_ _31\"></span> ra<span class=\"_ _31\"></span>te <span class=\"_ _31\"></span>in<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>din<span class=\"_ _31\"></span>g h<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>ges<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">5)<span class=\"_ _31\"></span> Fa<span class=\"_ _31\"></span>cil<span class=\"_ _31\"></span>ity<span class=\"_ _31\"></span> w<span class=\"_ _31\"></span>ith<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>nci<span class=\"_ _31\"></span>al <span class=\"_ _31\"></span>cov<span class=\"_ _31\"></span>en<span class=\"_ _31\"></span>ant<span class=\"_ _31\"></span>. T<span class=\"_ _31\"></span>ot<span class=\"_ _31\"></span>al <span class=\"_ _31\"></span>car<span class=\"_ _31\"></span>ryi<span class=\"_ _31\"></span>ng<span class=\"_ _31\"></span> va<span class=\"_ _31\"></span>lue<span class=\"_ _31\"></span> am<span class=\"_ _31\"></span>ou<span class=\"_ _31\"></span>nts<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D <span class=\"_ _31\"></span>845<span class=\"_ _31\"></span>.0m<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>s o<span class=\"_ _31\"></span>f <span class=\"_ _31\"></span>31 <span class=\"_ _31\"></span>Dec<span class=\"_ _31\"></span>em<span class=\"_ _31\"></span>ber<span class=\"_ _31\"></span> 20<span class=\"_ _31\"></span>25<span class=\"_ _31\"></span> (<span class=\"_ _31\"></span>202<span class=\"_ _31\"></span>4: <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 7<span class=\"_ _31\"></span>76<span class=\"_ _31\"></span>.3m<span class=\"_ _31\"></span>, <span class=\"_ _31\"></span>202<span class=\"_ _31\"></span>3: <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 5<span class=\"_ _31\"></span>40<span class=\"_ _31\"></span>.5m<span class=\"_ _31\"></span>).<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">In addition to the facilities above, TORM had undrawn credit facilities of USD 398.8m as of 31 December 2025. Please refer to Note 2 for further information on<span class=\"_ _34\"></span> the Company\u2019s liquidity and capital resources and </span><span style=\"display:inherit;clear:left;\">Notes 23 and 24 for further information on interest rate swaps and financial risks.</span><span style=\"display:inherit;clear:left;\">The following table summarizes the reconciliation of liabilities arising from financing activities:</span><span style=\"display:inherit;clear:left;position:relative;height:129.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 391.391px; top: 0.0039062px; width: 53.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-cash </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 257.625px; top: 13.5039px; width: 90.8379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash movements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 386.859px; top: 13.5039px; width: 61.3711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">movements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 182.141px; top: 30.3789px; width: 46.6465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Opening </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 185.203px; top: 43.8789px; width: 44.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">balance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 459.156px; top: 43.8789px; width: 67.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">End balance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 200.203px; top: 57.3789px; width: 28.5527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">as of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 480.5px; top: 57.3789px; width: 45.2812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 165.234px; top: 70.8789px; width: 63.1055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">01 January </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 70.8789px; width: 32.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 70.8789px; width: 56.2324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 197.484px; top: 84.3789px; width: 174.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 13.3066px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">men</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.881246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 84.3789px; width: 45.1816px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">changes</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 494.906px; top: 84.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.629px; width: 528.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.814px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">338.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-567.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,003.1 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 528.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.717px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">338.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-567.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,003.1 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:129.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 391.391px; top: 0.0039062px; width: 53.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-cash </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 257.625px; top: 13.5039px; width: 90.8379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash movements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 386.859px; top: 13.5039px; width: 61.3711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">movements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 182.141px; top: 30.3789px; width: 46.6465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Opening </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 185.203px; top: 43.8789px; width: 44.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">balance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 459.156px; top: 43.8789px; width: 67.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">End balance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 200.203px; top: 57.3789px; width: 28.5527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">as of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 480.5px; top: 57.3789px; width: 45.2812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 165.234px; top: 70.8789px; width: 63.1055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">01 January </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 70.8789px; width: 32.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 70.8789px; width: 56.2324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 197.484px; top: 84.3789px; width: 174.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 13.3066px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">men</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.881246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 84.3789px; width: 45.1816px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">changes</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 494.906px; top: 84.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.629px; width: 528.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.814px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">419.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.0488px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-256.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 528.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.717px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">419.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 30.1465px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-256.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:129.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 391.391px; top: 0.0039062px; width: 53.7129px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Non-cash </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 257.625px; top: 13.5039px; width: 90.8379px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash movements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 386.859px; top: 13.5039px; width: 61.3711px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">movements</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 182.141px; top: 30.3789px; width: 46.6465px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Opening </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 185.203px; top: 43.8789px; width: 44.3848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">balance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 459.156px; top: 43.8789px; width: 67.3125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">End balance </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 200.203px; top: 57.3789px; width: 28.5527px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">as of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 480.5px; top: 57.3789px; width: 45.2812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">as of 31 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 165.234px; top: 70.8789px; width: 63.1055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">01 January </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 420.5px; top: 70.8789px; width: 32.4609px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 469.109px; top: 70.8789px; width: 56.2324px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">December </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 197.484px; top: 84.3789px; width: 174.492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 13.3066px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Repay</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">men</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.881246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ts</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 84.3789px; width: 45.1816px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">changes</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 494.906px; top: 84.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.629px; width: 528.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 102.814px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">966.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">676.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-585.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.6562px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 528.41px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.717px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">966.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">676.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 29.6074px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-585.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6 </span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Borrowings consist of mortgage debt, bank loans, bonds and lease liabilities.</span><span style=\"display:inherit;clear:left;\">Borrowings are initially measured at fair value less transaction costs. Mortgage debt and bank loans are </span><span style=\"display:inherit;clear:left;\">subsequently measured at amortized cost. This means that the difference between the net proceeds at </span><span style=\"display:inherit;clear:left;\">the time of borrowing and the nominal amount of the loan is recognized in the income statement as a </span><span style=\"display:inherit;clear:left;\">financial expense over the term of the loan applying the effective interest method.</span><span style=\"display:inherit;clear:left;\">When terms of existing financial liabilities are renegotiated, or other changes regarding the effective </span><span style=\"display:inherit;clear:left;\">interest rate occur, TORM performs a test to evaluate whether the new terms are substantially different </span><span style=\"display:inherit;clear:left;\">from the original terms. If the new terms are substantially different from the original terms, TORM </span><span style=\"display:inherit;clear:left;\">accounts for the change as an extinguishment of the original financial liability and the recognition of a </span><span style=\"display:inherit;clear:left;\">new financial liability.</span><span style=\"display:inherit;clear:left;\">NOTE 20 \u2013 COLLATERAL SECURITY FOR BORROWINGS</span><span style=\"display:inherit;clear:left;\">The total carrying amount of vessels which have been provided as security for borrowings amounts to  </span><span style=\"display:inherit;clear:left;\">USD 2,792m as of 31 December 2025 (2024: USD 2,827m, 2023: USD 2,070m), including transferred </span><span style=\"display:inherit;clear:left;\">ownership under sale and leaseback arrangements accounted for as financing transactions, where the </span><span style=\"display:inherit;clear:left;\">vessels are not derecognized and where vessels are provided as security for lease debt.</span><span style=\"display:inherit;clear:left;\">USD 0.0m (2024:USD 0.7m, 2023: USD 0.7m) in floating charge in Marine Exhaust Technology A/S have </span><span style=\"display:inherit;clear:left;\">been provided as security for loans to other lenders. </span><span style=\"display:inherit;clear:left;\">USD 0.0m (2024: USD 0.3m, 2023: USD 0.4m) in floating charge in Marine Exhaust Technology A/S </span><span style=\"display:inherit;clear:left;\">have been provided as security for loans to banks.</span><span style=\"display:inherit;clear:left;\">In the current year 0 shares (2024: 0 shares, 2023: 10,500 shares) in ME Production A/S with a book </span><span style=\"display:inherit;clear:left;\">value of zero (2024:  USD 0.0m, 2023: USD 2.1m) have been provided as security for loans to the </span><span style=\"display:inherit;clear:left;\">lenders of Marine Exhaust Technology A/S. </span><span style=\"display:inherit;clear:left;\">USD 6.7m (2024: USD 6.2m, 2023: USD 6.6m) in floating charge in ME Production A/S with a book value </span><span style=\"display:inherit;clear:left;\">of USD 8.2m (2024: USD 7.4m, 2023: USD 10.5m) have been provided as security for loans to banks.</span><span style=\"display:inherit;clear:left;\">Please refer to Note 1 for further information.</span><span style=\"display:inherit;clear:left;\">NOTE 22 \u2013 CONTRACTUAL RIGHTS AND OBLIGATIONS</span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual obligations as of 31 December 2025.</span><span style=\"display:inherit;clear:left;position:relative;height:130.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1048.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 1063.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 520.939px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">385.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">78.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,016.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1035.54px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest payments related to scheduled interest fixing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.746px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">128.5 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6289px; width: 1054px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimated variable interest payments \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.241px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.6 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 1076.55px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secondhand vessel commitments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 414.382px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 1067.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Committed scrubber installations \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 407.115px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.5 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.254px; width: 1072.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables and other obligations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 396.476px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 1057.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">558.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">141.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">132.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">84.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,396.6 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual obligations as of 31 December 2024.</span><span style=\"display:inherit;clear:left;position:relative;height:113.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1048.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 1060.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 520.939px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">167.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">166.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">132.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">488.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,243.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1034.31px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest payments related to scheduled interest fixing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.746px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">212.4 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6289px; width: 1054px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimated variable interest payments \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.241px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 1066.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Committed scrubber installations \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 407.115px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 1072.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables and other obligations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 396.476px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">92.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.254px; width: 1054.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">332.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">222.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">192.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">168.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">519.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">182.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,619.4 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual obligations as of 31 December 2023.</span><span style=\"display:inherit;clear:left;position:relative;height:130.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1048.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 1060.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 520.939px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">174.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">112.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">120.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">370.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,073.5 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1033.06px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest payments related to scheduled interest fixing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.746px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.6 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6289px; width: 1054px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimated variable interest payments \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.241px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 1076.55px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secondhand vessel commitments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 414.382px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.4 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 1067.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Committed scrubber installations \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 407.115px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.254px; width: 1072.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables and other obligations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 396.476px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">85.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 1054.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">521.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">185.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">149.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,590.2 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>sen<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>mou<span class=\"_ _31\"></span>nts<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> b<span class=\"_ _31\"></span>e r<span class=\"_ _31\"></span>epa<span class=\"_ _31\"></span>id<span class=\"_ _31\"></span> do<span class=\"_ _31\"></span> no<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>nc<span class=\"_ _31\"></span>lud<span class=\"_ _31\"></span>e d<span class=\"_ _31\"></span>ire<span class=\"_ _31\"></span>ct<span class=\"_ _31\"></span>ly <span class=\"_ _31\"></span>rel<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>bor<span class=\"_ _31\"></span>row<span class=\"_ _31\"></span>in<span class=\"_ _31\"></span>g c<span class=\"_ _31\"></span>ost<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>ari<span class=\"_ _31\"></span>sin<span class=\"_ _31\"></span>g f<span class=\"_ _31\"></span>ro<span class=\"_ _31\"></span>m t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>is<span class=\"_ _31\"></span>sui<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e l<span class=\"_ _31\"></span>oan<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _69\"> </span>US<span class=\"_ _31\"></span>D1<span class=\"_ _31\"></span>3.2<span class=\"_ _31\"></span>m (<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> U<span class=\"_ _31\"></span>SD <span class=\"_ _31\"></span>17.<span class=\"_ _31\"></span>0m<span class=\"_ _31\"></span>. 2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>3: <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 1<span class=\"_ _31\"></span>3.9<span class=\"_ _31\"></span>m)<span class=\"_ _31\"></span>, w<span class=\"_ _31\"></span>hi<span class=\"_ _31\"></span>ch <span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> am<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span>tiz<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>ov<span class=\"_ _31\"></span>er <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>loa<span class=\"_ _31\"></span>ns.<span class=\"_ _31\"></span> B<span class=\"_ _31\"></span>orr<span class=\"_ _31\"></span>owi<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>co<span class=\"_ _31\"></span>sts<span class=\"_ _31\"></span> ca<span class=\"_ _31\"></span>pi<span class=\"_ _31\"></span>tal<span class=\"_ _31\"></span>ize<span class=\"_ _31\"></span>d </span><span style=\"display:inherit;clear:left;\">du<span class=\"_ _31\"></span>rin<span class=\"_ _31\"></span>g t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ye<span class=\"_ _31\"></span>ar <span class=\"_ _31\"></span>amo<span class=\"_ _31\"></span>un<span class=\"_ _31\"></span>t t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>USD<span class=\"_ _31\"></span> 6<span class=\"_ _31\"></span>.8m<span class=\"_ _31\"></span> (<span class=\"_ _31\"></span>202<span class=\"_ _31\"></span>4:<span class=\"_ _31\"></span> US<span class=\"_ _31\"></span>D 7<span class=\"_ _31\"></span>.3<span class=\"_ _31\"></span>m, <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>23:<span class=\"_ _31\"></span> U<span class=\"_ _31\"></span>SD <span class=\"_ _31\"></span>9.0<span class=\"_ _31\"></span>m)<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Va<span class=\"_ _31\"></span>ria<span class=\"_ _31\"></span>bl<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>pay<span class=\"_ _31\"></span>men<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> ar<span class=\"_ _31\"></span>e e<span class=\"_ _31\"></span>st<span class=\"_ _31\"></span>ima<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span> b<span class=\"_ _31\"></span>ase<span class=\"_ _31\"></span>d o<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> fo<span class=\"_ _31\"></span>rwa<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span> ra<span class=\"_ _31\"></span>tes<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>eac<span class=\"_ _31\"></span>h i<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>ere<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>pe<span class=\"_ _31\"></span>rio<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>ncl<span class=\"_ _31\"></span>ud<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> he<span class=\"_ _31\"></span>dg<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> in<span class=\"_ _31\"></span>str<span class=\"_ _31\"></span>um<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>s<span class=\"_ _69\"></span>.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> Co<span class=\"_ _31\"></span>mmi<span class=\"_ _31\"></span>tm<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>s f<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span> po<span class=\"_ _31\"></span>llu<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>red<span class=\"_ _31\"></span>uct<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nst<span class=\"_ _31\"></span>all<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span>s</span><span style=\"display:inherit;clear:left;\">TORM has contractual rights to receive future payments as lessor of vessels on time charter and bareboat charter to customers.</span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual rights as of 31 December 2025.</span><span style=\"display:inherit;clear:left;position:relative;height:61.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1090.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 156.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Contractual rights - as lessor:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1096.78px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Charter hire income for vessels \u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.4 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 1096.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.4 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual rights as of 31 December 2024</span><span style=\"display:inherit;clear:left;position:relative;height:61.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1090.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 156.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Contractual rights - as lessor:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1096.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Charter hire income for vessels \u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.9 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 1096.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.9 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual rights as of 31 December 2023</span><span style=\"display:inherit;clear:left;position:relative;height:61.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1090.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 156.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Contractual rights - as lessor:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1096.54px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Charter hire income for vessels \u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.9 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 1096.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.9 </span></span></span><span style=\"display:inherit;clear:left;\"> 5<span class=\"_ _31\"></span>) C<span class=\"_ _31\"></span>har<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span>r h<span class=\"_ _31\"></span>ire<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nco<span class=\"_ _31\"></span>me <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> v<span class=\"_ _31\"></span>ess<span class=\"_ _31\"></span>els<span class=\"_ _31\"></span> o<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>ime<span class=\"_ _31\"></span> c<span class=\"_ _31\"></span>har<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span> is<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>eco<span class=\"_ _31\"></span>gni<span class=\"_ _31\"></span>ze<span class=\"_ _31\"></span>d u<span class=\"_ _31\"></span>nde<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>\"Re<span class=\"_ _31\"></span>ven<span class=\"_ _31\"></span>ue\"<span class=\"_ _31\"></span>. <span class=\"_ _31\"></span>Dur<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>yea<span class=\"_ _31\"></span>rs<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>ven<span class=\"_ _31\"></span>ue<span class=\"_ _31\"></span> fr<span class=\"_ _31\"></span>om <span class=\"_ _31\"></span>tim<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>cha<span class=\"_ _31\"></span>rte<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>amo<span class=\"_ _31\"></span>unt<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>to<span class=\"_ _69\"> </span> U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 12<span class=\"_ _31\"></span>9.3<span class=\"_ _31\"></span>m <span class=\"_ _31\"></span>(20<span class=\"_ _31\"></span>24<span class=\"_ _31\"></span>: U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 14<span class=\"_ _31\"></span>5.6<span class=\"_ _31\"></span>m,<span class=\"_ _31\"></span> 20<span class=\"_ _31\"></span>23<span class=\"_ _31\"></span>: U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 43<span class=\"_ _31\"></span>.8m<span class=\"_ _31\"></span>).<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>ave<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>iod<span class=\"_ _31\"></span> un<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>l r<span class=\"_ _31\"></span>ede<span class=\"_ _31\"></span>liv<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>y o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ve<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ls<span class=\"_ _31\"></span> fo<span class=\"_ _31\"></span>r t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">pe<span class=\"_ _31\"></span>rio<span class=\"_ _31\"></span>d e<span class=\"_ _31\"></span>nd<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>ber<span class=\"_ _31\"></span> 2<span class=\"_ _31\"></span>025<span class=\"_ _31\"></span> w<span class=\"_ _31\"></span>as <span class=\"_ _31\"></span>2.<span class=\"_ _31\"></span>0 y<span class=\"_ _31\"></span>ear<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>(2<span class=\"_ _31\"></span>024<span class=\"_ _31\"></span>: 1<span class=\"_ _31\"></span>.8<span class=\"_ _31\"></span> ye<span class=\"_ _31\"></span>ars<span class=\"_ _31\"></span>, <span class=\"_ _31\"></span>202<span class=\"_ _31\"></span>3:<span class=\"_ _31\"></span>1.6<span class=\"_ _31\"></span> y<span class=\"_ _31\"></span>ear<span class=\"_ _31\"></span>s)<span class=\"_ _31\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__198": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting policies</span><span style=\"display:inherit;clear:left;\">TORM assesses whether a contract is or contains a lease at inception of the contract and recognizes </span><span style=\"display:inherit;clear:left;\">right-of-use assets and corresponding lease liabilities at the lease commencement date, except for </span><span style=\"display:inherit;clear:left;\">short-term leases and leases of low value. For these leases, TORM recognizes the lease payments as </span><span style=\"display:inherit;clear:left;\">an operating expense on a straight-line basis over the term of the lease. </span><span style=\"display:inherit;clear:left;\">Agreements to charter in vessels and to lease land and buildings and other plant and operating </span><span style=\"display:inherit;clear:left;\">equipment for which TORM substantially has the control are recognized on the balance sheet as right-</span><span style=\"display:inherit;clear:left;\">of-use assets and initially measured at cost, which comprises the initial amount of the lease liabilities </span><span style=\"display:inherit;clear:left;\">adjusted for any lease payments made at or before the commencement date. Subsequently the right-</span><span style=\"display:inherit;clear:left;\">of-use assets are measured at cost less accumulated depreciation and impairment losses. The right-of-</span><span style=\"display:inherit;clear:left;\">use assets are depreciated and written down under the same accounting policy as the assets owned </span><span style=\"display:inherit;clear:left;\">by the Company or over the lease period depending on the lease terms.</span><span style=\"display:inherit;clear:left;\">The corresponding lease obligation is recognized as a liability in the balance sheet under \u201cBorrowings\u201d </span><span style=\"display:inherit;clear:left;\">and initially measured at the present value of the lease payments that are not paid at the </span><span style=\"display:inherit;clear:left;\">commencement date. The Company uses its incremental borrowing rate at the lease commencement </span><span style=\"display:inherit;clear:left;\">date because the interest rate implicit in the lease is not readily determinable. Subsequently lease </span><span style=\"display:inherit;clear:left;\">liabilities are measured at amortized cost using the effective interest method, where the lease liabilities </span><span style=\"display:inherit;clear:left;\">are remeasured when there is a change in future lease payments. </span><span style=\"display:inherit;clear:left;\">Leases to charter out vessels are classified as operating leases as the leases are short-term in nature </span><span style=\"display:inherit;clear:left;\">and usually less than one year. Chartered-out vessels are presented as part of Vessels and capitalized </span><span style=\"display:inherit;clear:left;\">dry-docking. Please refer to Note 6. The lease income is recognized in the income statement on a </span><span style=\"display:inherit;clear:left;\">straight-line basis over the lease term.</span><span style=\"display:inherit;clear:left;\">Following a sale transaction, for agreements to immediately charter in the related vessels (sale and </span><span style=\"display:inherit;clear:left;\">leaseback) but for which TORM maintains substantially all the risks and rewards incidental to economic </span><span style=\"display:inherit;clear:left;\">ownership including repurchase options at lower value that the initial sales price, the proceeds received </span><span style=\"display:inherit;clear:left;\">are presented as a financial liability in \u201cBorrowings\u201d. No gain or loss is recorded, and the asset remains </span><span style=\"display:inherit;clear:left;\">recognized on the balance sheet under Vessels and capitalized dry-docking.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__199": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 12 \u2013 IMPAIRMENT TESTING</span><span style=\"display:inherit;clear:left;\">The Management of TORM has assessed that TORM has two CGUs being the Tanker Fleet and the </span><span style=\"display:inherit;clear:left;\">Marine Engineering cash-generating unit.</span><span style=\"display:inherit;clear:left;\">The Tanker Fleet is comprised of TORM\u2019s LR1, LR2 and MR vessels, which are operated collectively as a </span><span style=\"display:inherit;clear:left;\">combined internal pool, employed principally in the spot market and actively managed to meet the </span><span style=\"display:inherit;clear:left;\">needs of our customers in that market, particularly regarding the location of vessels meeting required </span><span style=\"display:inherit;clear:left;\">specifications. All vessels in the Tanker Fleet can handle multiple sizes of refined oil cargos and sail all </span><span style=\"display:inherit;clear:left;\">seas and oceans, over both short and long distances. Given the technical specifications and capacity </span><span style=\"display:inherit;clear:left;\">of the vessels, the Tanker Fleet is relatively homogenous with a very high degree of interoperability. </span><span style=\"display:inherit;clear:left;\">The Tanker Fleet includes a few MR vessels with chemical trading capability, which are operated as all </span><span style=\"display:inherit;clear:left;\">other tanker vessels.</span><span style=\"display:inherit;clear:left;\">The Marine Engineering segment represent a single CGU because cash inflows are generated </span><span style=\"display:inherit;clear:left;\">independent of the cash inflows from the Tanker Fleet from serving the existing external customer base </span><span style=\"display:inherit;clear:left;\">of the Marine Engineering segment.</span><span style=\"display:inherit;clear:left;\">Tanker Fleet</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025 and 31 December 2024, the Management has assessed indicators of </span><span style=\"display:inherit;clear:left;\">impairment that include, but are not limited to, broker vessel values, time charter rates, weighted </span><span style=\"display:inherit;clear:left;\">average cost of capital, any other adverse impacts from current economic, environmental, and </span><span style=\"display:inherit;clear:left;\">geopolitical uncertainty. Vessel values from two internationally recognized shipbrokers were on </span><span style=\"display:inherit;clear:left;\">average 12.8% (2024: <span class=\"fs1\">26.0%</span>) above the carrying value of the vessels in the Tanker Fleet CGU, </span><span style=\"display:inherit;clear:left;\">supporting the carrying amount. Consequently, the Management did not determine the recoverable </span><span style=\"display:inherit;clear:left;\">amount of the CGU as no indicators were identified.</span><span style=\"display:inherit;clear:left;\">Generally, fluctuations in product tanker vessel values are driven by shifts in global trade patterns, </span><span style=\"display:inherit;clear:left;\">freight rate volatility, and changes in the effective supply of tankers. Geopolitical events such as </span><span style=\"display:inherit;clear:left;\">sanctions or disruptions to key transit routes can quickly tighten or loosen available tonnage, </span><span style=\"display:inherit;clear:left;\">influencing asset prices. Additionally, movements of vessels between clean product and dirty trades </span><span style=\"display:inherit;clear:left;\">also reshape supply dynamics, creating periods of scarcity or oversupply. </span><span style=\"display:inherit;clear:left;\">As of 31 December 2023, the assessment of the recoverable amount of the Tanker Fleet was based on </span><span style=\"display:inherit;clear:left;\">the fair value less cost of disposal. </span><span style=\"display:inherit;clear:left;position:relative;height:75.75px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 360.562px; top: 0.0039062px; width: 145.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Excess values (recoverable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 189.359px; top: 13.5039px; width: 108.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Recoverable amount</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 349.969px; top: 13.5039px; width: 165.668px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">amount less carrying amount) \u00b9\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.7539px; width: 522.768px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.791px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 528.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tanker Fleet \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 116.531px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,495.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.0312px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">952.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.1289px; width: 528.557px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3,495.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 38.6602px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">N/A</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 5.57812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.0312px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">952.1 </span></span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ex<span class=\"_ _31\"></span>ces<span class=\"_ _31\"></span>s v<span class=\"_ _31\"></span>al<span class=\"_ _31\"></span>ue <span class=\"_ _31\"></span>is <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e o<span class=\"_ _31\"></span>uts<span class=\"_ _31\"></span>tan<span class=\"_ _31\"></span>di<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>ins<span class=\"_ _31\"></span>ta<span class=\"_ _31\"></span>llm<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>s f<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span> pu<span class=\"_ _31\"></span>rch<span class=\"_ _31\"></span>as<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>not<span class=\"_ _31\"></span> de<span class=\"_ _31\"></span>li<span class=\"_ _31\"></span>ver<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ls.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> No<span class=\"_ _31\"></span> im<span class=\"_ _31\"></span>pai<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span> lo<span class=\"_ _31\"></span>ss<span class=\"_ _31\"></span>es <span class=\"_ _31\"></span>and<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>eve<span class=\"_ _31\"></span>rsa<span class=\"_ _31\"></span>ls <span class=\"_ _31\"></span>wa<span class=\"_ _31\"></span>s i<span class=\"_ _31\"></span>ncu<span class=\"_ _31\"></span>rr<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>5, <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24 <span class=\"_ _31\"></span>and<span class=\"_ _31\"></span> 2<span class=\"_ _31\"></span>023<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">31 December 2025 and 31 December 2024</span><span style=\"display:inherit;clear:left;\">As noted above, the recoverable amount of the Tanker Fleet CGU was not determined as no indicators </span><span style=\"display:inherit;clear:left;\">of impairment were identified. Additionally, no impairment was recognized during 2025 and 2024 in </span><span style=\"display:inherit;clear:left;\">connection with disposal of individual vessels as set out in Note 10.</span><span style=\"display:inherit;clear:left;\">31 December 2023</span><span style=\"display:inherit;clear:left;\">As of 31 December 2023, the assessment of the recoverable amount of the Tanker Fleet is based on </span><span style=\"display:inherit;clear:left;\">the fair value less cost of disposal of the vessels. The recoverable amount of the Tanker Fleet as of 31 </span><span style=\"display:inherit;clear:left;\">December 2023 amounts to USD 3,495.0m, and is based on the market approach which considers the </span><span style=\"display:inherit;clear:left;\">valuations from two internationally acknowledged shipbrokers with appropriate qualifications and </span><span style=\"display:inherit;clear:left;\">recent experience in the valuation of vessels. The shipbrokers\u2019 primary input is deadweight tonnage, </span><span style=\"display:inherit;clear:left;\">yard, and age of the vessel. The fair value assumes that the vessels are in good and seaworthy </span><span style=\"display:inherit;clear:left;\">condition and with prompt, charter-free delivery. The fair value less costs of disposal of the vessels is </span><span style=\"display:inherit;clear:left;\">determined to be within Level 3 of the fair value hierarchy.</span><span style=\"display:inherit;clear:left;\">We have assessed the impact from climate changes and the potential adverse impact on vessel values, </span><span style=\"display:inherit;clear:left;\">however, no specific adjustments in this respect have been reflected in the impairment testing of the </span><span style=\"display:inherit;clear:left;\">Tanker Fleet given the recoverable amount has been based on the fair value less costs of disposal. </span><span style=\"display:inherit;clear:left;\">Further discussion can be found in the Audit Committee Report, page 102 and TCFD pages 87-89 in the </span><span style=\"display:inherit;clear:left;\">Annual Report for 2023. We continue to monitor the development closely, and we continuously work on </span><span style=\"display:inherit;clear:left;\">more specific plans for our ambition to have zero CO</span><span style=\"display:inherit;clear:left;\">2</span><span style=\"display:inherit;clear:left;\"> emissions from operating our fleet by 2050, </span><span style=\"display:inherit;clear:left;\">which may impact our impairment testing in the future.</span><span style=\"display:inherit;clear:left;\">Based on this review, the Management concluded that as of 31 December 2023 assets within the </span><span style=\"display:inherit;clear:left;\">Tanker Fleet were not impaired as fair value less costs of disposal exceeded the carrying amount by </span><span style=\"display:inherit;clear:left;\">USD 952.1m.</span><span style=\"display:inherit;clear:left;\">No impairment was recognized during 2023 in connection with disposal of individual vessels as set out </span><span style=\"display:inherit;clear:left;\">in Note 8 in the Annual Report 2023.</span><span style=\"display:inherit;clear:left;\">Marine Engineering</span><span style=\"display:inherit;clear:left;\">The assessment of the recoverable amount of the Marine Engineering cash-generating unit is based on </span><span style=\"display:inherit;clear:left;\">value in use. The result of the impairment test showed an excess value of USD 20.4m, (2024: USD </span><span style=\"display:inherit;clear:left;\">28.6m, 2023: USD 9.8m). compared to the carrying amount. No impairment of goodwill was recognized.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Impairment of assets</span><span style=\"display:inherit;clear:left;\">Non-current assets are reviewed at the reporting date to determine any indication of impairment </span><span style=\"display:inherit;clear:left;\">including a significant decline in either the assets\u2019 market value, increase in market rates of return, or in </span><span style=\"display:inherit;clear:left;\">the cash flows expected to be generated by the fleet. At least annually, or if impairment indicator(s) </span><span style=\"display:inherit;clear:left;\">exists, an impairment test on a CGU level will be performed. A CGU is determined as the smallest group </span><span style=\"display:inherit;clear:left;\">of assets that generates independent cash inflows. An asset/CGU is impaired if the recoverable </span><span style=\"display:inherit;clear:left;\">amount is below the carrying amount. </span><span style=\"display:inherit;clear:left;\">The recoverable amount of the CGU is estimated as the higher of fair value less costs of disposal and </span><span style=\"display:inherit;clear:left;\">value in use. The value in use is the present value of the future cash flows expected to be derived from </span><span style=\"display:inherit;clear:left;\">a CGU, utilizing a pre-tax discount rate that reflects current market estimates of the time value of </span><span style=\"display:inherit;clear:left;\">money and the risks specific to the unit for which the estimates of future cash flows have not been </span><span style=\"display:inherit;clear:left;\">adjusted. If the recoverable amount is less than the carrying amount of the cash generating unit, the </span><span style=\"display:inherit;clear:left;\">carrying amount is reduced to the recoverable amount.</span><span style=\"display:inherit;clear:left;\">The impairment loss is recognized immediately in the income statement. Where an impairment loss </span><span style=\"display:inherit;clear:left;\">subsequently reverses, the carrying amount of the CGU is increased to the revised estimate of the </span><span style=\"display:inherit;clear:left;\">recoverable amount, but so that the increased carrying amount does not exceed the carrying amount </span><span style=\"display:inherit;clear:left;\">that would have been determined, had no impairment loss been recognized in prior years.</span><span style=\"display:inherit;clear:left;\">For the purpose of assessing impairment, assets, time charter and bareboat contracts are grouped at </span><span style=\"display:inherit;clear:left;\">the lowest levels at which impairment is monitored for internal management purposes.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__200": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Impairment of assets</span><span style=\"display:inherit;clear:left;\">Non-current assets are reviewed at the reporting date to determine any indication of impairment </span><span style=\"display:inherit;clear:left;\">including a significant decline in either the assets\u2019 market value, increase in market rates of return, or in </span><span style=\"display:inherit;clear:left;\">the cash flows expected to be generated by the fleet. At least annually, or if impairment indicator(s) </span><span style=\"display:inherit;clear:left;\">exists, an impairment test on a CGU level will be performed. A CGU is determined as the smallest group </span><span style=\"display:inherit;clear:left;\">of assets that generates independent cash inflows. An asset/CGU is impaired if the recoverable </span><span style=\"display:inherit;clear:left;\">amount is below the carrying amount. </span><span style=\"display:inherit;clear:left;\">The recoverable amount of the CGU is estimated as the higher of fair value less costs of disposal and </span><span style=\"display:inherit;clear:left;\">value in use. The value in use is the present value of the future cash flows expected to be derived from </span><span style=\"display:inherit;clear:left;\">a CGU, utilizing a pre-tax discount rate that reflects current market estimates of the time value of </span><span style=\"display:inherit;clear:left;\">money and the risks specific to the unit for which the estimates of future cash flows have not been </span><span style=\"display:inherit;clear:left;\">adjusted. If the recoverable amount is less than the carrying amount of the cash generating unit, the </span><span style=\"display:inherit;clear:left;\">carrying amount is reduced to the recoverable amount.</span><span style=\"display:inherit;clear:left;\">The impairment loss is recognized immediately in the income statement. Where an impairment loss </span><span style=\"display:inherit;clear:left;\">subsequently reverses, the carrying amount of the CGU is increased to the revised estimate of the </span><span style=\"display:inherit;clear:left;\">recoverable amount, but so that the increased carrying amount does not exceed the carrying amount </span><span style=\"display:inherit;clear:left;\">that would have been determined, had no impairment loss been recognized in prior years.</span><span style=\"display:inherit;clear:left;\">For the purpose of assessing impairment, assets, time charter and bareboat contracts are grouped at </span><span style=\"display:inherit;clear:left;\">the lowest levels at which impairment is monitored for internal management purposes.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__201": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 13 \u2013 INVENTORIES</span><span style=\"display:inherit;clear:left;position:relative;height:95.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 531.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunkers</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 272.754px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">49.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Lubeoil</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 277.852px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EU Emission Allowances</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 286.207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.0039px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">66.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.7 </span></span></span><span style=\"display:inherit;clear:left;\">During 2025, bunker inventories of USD 247.2m (2024:USD 278.2m, 2023: USD 272.4m) were </span><span style=\"display:inherit;clear:left;\">recognized as an expense in Port expenses, bunkers, commissions, and other cost of goods and </span><span style=\"display:inherit;clear:left;\">services sold.</span><span style=\"display:inherit;clear:left;\">During 2025, lubeoil inventories of USD 8.8m (2024: USD 8.1m, 2023: USD 7.5m) were recognized as an </span><span style=\"display:inherit;clear:left;\">expense in Operating expenses.</span><span style=\"display:inherit;clear:left;\">During 2025, EU Emission Allowances inventories of USD 10.3m (2024: USD 5.0m, 2023: USD 0.0m) </span><span style=\"display:inherit;clear:left;\">were recognized as an expense in Port expenses, bunkers, commissions, and other cost of goods and </span><span style=\"display:inherit;clear:left;\">services sold.</span><span style=\"display:inherit;clear:left;\">During 2025, other inventories of USD 17.1m (2024: USD 9.3m, 2023: USD 22.7m) were recognized as </span><span style=\"display:inherit;clear:left;\">an expense in Port expenses, bunkers, commissions, and other cost of goods and services sold.  </span><span style=\"display:inherit;clear:left;\">Accounting Policies  </span><span style=\"display:inherit;clear:left;\">Inventories consist of bunkers, lubeoil, EU Emission Allowances and other inventories.</span><span style=\"display:inherit;clear:left;\">Bunkers, lubeoil and other inventories are stated at the lower of cost in accordance with the FIFO-</span><span style=\"display:inherit;clear:left;\">principle and net realizable value. Cost of bunkers and lubeoil includes expenditure incurred in acquiring </span><span style=\"display:inherit;clear:left;\">bunkers and lubeoil including delivery costs less discounts. The cost of other inventories consists of </span><span style=\"display:inherit;clear:left;\">raw materials and components based on direct costs, direct payroll costs and a proportionate share of </span><span style=\"display:inherit;clear:left;\">indirect production costs. Indirect production costs include the proportionate share of capacity costs </span><span style=\"display:inherit;clear:left;\">directly relating hereto, which are allocated on the basis of the normal capacity of the production </span><span style=\"display:inherit;clear:left;\">facility.</span><span style=\"display:inherit;clear:left;\">At 01 January 2024, the EU Emission Trading System was extended to maritime transport emissions, </span><span style=\"display:inherit;clear:left;\">where shipping companies must surrender allowances to cover emissions related to EU port calls. EU </span><span style=\"display:inherit;clear:left;\">Emission Allowances are purchased in connection with TORM's cargo transportation only, similar to a </span><span style=\"display:inherit;clear:left;\">tax on purchase of bunkers. TORM has no intention of selling or trading the allowances.</span><span style=\"display:inherit;clear:left;\">In the absence of any specific IFRS standards or IFRIC interpretations on accounting for emission </span><span style=\"display:inherit;clear:left;\">rights of carbon dioxide generated as part of the EU Emission Trading scheme (EU ETS), and </span><span style=\"display:inherit;clear:left;\">considering the above, EU Emission Allowances are treated similar to bunker inventories. The following </span><span style=\"display:inherit;clear:left;\">policies are applied for EU Emission Allowances: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The emission rights are considered as a part of the bunker consumption for the delivery of </span><span style=\"display:inherit;clear:left;\">transportation services and thus recognized as inventories at their acquisition cost. </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>As these allowances are utilized during the voyage, the carrying amount of these allowances are </span><span style=\"display:inherit;clear:left;\">recognized as an expense against a liability in the period in which the associated revenue is </span><span style=\"display:inherit;clear:left;\">recognized.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__202": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies  </span><span style=\"display:inherit;clear:left;\">Inventories consist of bunkers, lubeoil, EU Emission Allowances and other inventories.</span><span style=\"display:inherit;clear:left;\">Bunkers, lubeoil and other inventories are stated at the lower of cost in accordance with the FIFO-</span><span style=\"display:inherit;clear:left;\">principle and net realizable value. Cost of bunkers and lubeoil includes expenditure incurred in acquiring </span><span style=\"display:inherit;clear:left;\">bunkers and lubeoil including delivery costs less discounts. The cost of other inventories consists of </span><span style=\"display:inherit;clear:left;\">raw materials and components based on direct costs, direct payroll costs and a proportionate share of </span><span style=\"display:inherit;clear:left;\">indirect production costs. Indirect production costs include the proportionate share of capacity costs </span><span style=\"display:inherit;clear:left;\">directly relating hereto, which are allocated on the basis of the normal capacity of the production </span><span style=\"display:inherit;clear:left;\">facility.</span><span style=\"display:inherit;clear:left;\">At 01 January 2024, the EU Emission Trading System was extended to maritime transport emissions, </span><span style=\"display:inherit;clear:left;\">where shipping companies must surrender allowances to cover emissions related to EU port calls. EU </span><span style=\"display:inherit;clear:left;\">Emission Allowances are purchased in connection with TORM's cargo transportation only, similar to a </span><span style=\"display:inherit;clear:left;\">tax on purchase of bunkers. TORM has no intention of selling or trading the allowances.</span><span style=\"display:inherit;clear:left;\">In the absence of any specific IFRS standards or IFRIC interpretations on accounting for emission </span><span style=\"display:inherit;clear:left;\">rights of carbon dioxide generated as part of the EU Emission Trading scheme (EU ETS), and </span><span style=\"display:inherit;clear:left;\">considering the above, EU Emission Allowances are treated similar to bunker inventories. The following </span><span style=\"display:inherit;clear:left;\">policies are applied for EU Emission Allowances: </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>The emission rights are considered as a part of the bunker consumption for the delivery of </span><span style=\"display:inherit;clear:left;\">transportation services and thus recognized as inventories at their acquisition cost. </span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>As these allowances are utilized during the voyage, the carrying amount of these allowances are </span><span style=\"display:inherit;clear:left;\">recognized as an expense against a liability in the period in which the associated revenue is </span><span style=\"display:inherit;clear:left;\">recognized.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__203-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 14 \u2013 TRADE RECEIVABLES</span><span style=\"display:inherit;clear:left;position:relative;height:171px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 256.705px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Analysis as of 31 December of trade receivables:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 127.488px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross trade receivables:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Not due</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 274.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">71.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">73.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 531.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Due &lt; 30 days</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.516px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">56.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.148px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Due between 30 and 180 days</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.834px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">72.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">82.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">62.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.072px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Due &gt; 180 days</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 234.205px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 117.754px; width: 531.709px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total gross</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 255.633px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">219.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">193.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">221.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.92px; width: 532.225px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Allowance for expected credit loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.855px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.379px; width: 531.65px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total net</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 267.656px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0 </span></span></span><span style=\"display:inherit;clear:left;\">The Management makes allowances for expected credit losses based on \u201cthe simplified approach\u201d </span><span style=\"display:inherit;clear:left;\">according to IFRS 9 to provide for expected credit losses, which permits the use of the lifetime </span><span style=\"display:inherit;clear:left;\">expected loss provision for all trade receivables. </span><span style=\"display:inherit;clear:left;\">In 2024, as a result of improved collection efforts and decreased losses on trade receivables, the </span><span style=\"display:inherit;clear:left;\">Management reassessed the accounting estimates included in the expected credit loss allowance </span><span style=\"display:inherit;clear:left;\">matrix. The outcome of the reassessment resulted in an updated allowance matrix, reversing </span><span style=\"display:inherit;clear:left;\">allowances of USD 5.9m in 2024. </span><span style=\"display:inherit;clear:left;\">Expected credit loss for receivables overdue 180 days or less is 0%-3%, depending on the category of </span><span style=\"display:inherit;clear:left;\">the receivable. Expected credit loss for receivables overdue more than 180 days is 10%-100%, </span><span style=\"display:inherit;clear:left;\">depending on the category of the receivable. Expected credit loss for receivables overdue more than </span><span style=\"display:inherit;clear:left;\">one year is  50%-100%, also depending on the category of the receivable. For all \u201clegal\u201d cases, </span><span style=\"display:inherit;clear:left;\">allowances of 100% are made.</span><span style=\"display:inherit;clear:left;\">Movements in provisions for impairment of trade receivables during the year are as follows:</span><span style=\"display:inherit;clear:left;position:relative;height:95.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 181.014px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Allowance for expected credit loss</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.119px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Provisions for the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 199.424px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 531.879px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Provisions reversed during the year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 133.23px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-8.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.0039px; width: 532.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span></span></span><span style=\"display:inherit;clear:left;\">Allowance for expected credit loss of trade receivables has been recognized in the income statement </span><span style=\"display:inherit;clear:left;\">under \u201cPort expenses, bunkers, commissions, and other costs of goods sold\u201d.</span><span style=\"display:inherit;clear:left;\">Allowance for expected credit loss of trade receivables is calculated using an aging factor as well as </span><span style=\"display:inherit;clear:left;\">specific customer knowledge and is based on a provision matrix on days past due.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Receivables</span><span style=\"display:inherit;clear:left;\">Outstanding trade receivables and other receivables which are expected to be realized within 12 </span><span style=\"display:inherit;clear:left;\">months from the balance sheet date are classified as \u201cTrade receivables\u201d or \u201cOther receivables\u201d and </span><span style=\"display:inherit;clear:left;\">presented as current assets.</span><span style=\"display:inherit;clear:left;\">Receivables are, at initial recognition, measured at their transaction price less allowance for expected </span><span style=\"display:inherit;clear:left;\">credit losses over the lifetime of the receivable and are subsequently measured at amortized cost </span><span style=\"display:inherit;clear:left;\">adjusted for changes in expected credit losses. Derivative financial instruments included in other </span><span style=\"display:inherit;clear:left;\">receivables are measured at fair value.</span><span style=\"display:inherit;clear:left;\">Expected credit losses</span><span style=\"display:inherit;clear:left;\">Expected credit losses are, at initial recognition, determined using an aging factor as well as a specific </span><span style=\"display:inherit;clear:left;\">customer knowledge such as customers\u2019 ability to pay, considering historical information about </span><span style=\"display:inherit;clear:left;\">payment patterns, credit risks, customer concentrations, customer creditworthiness as well as </span><span style=\"display:inherit;clear:left;\">prevailing economic conditions. The estimates are updated subsequently, and if the debtor\u2019s ability to </span><span style=\"display:inherit;clear:left;\">pay is becoming doubtful, expected credit losses are calculated on an individual basis. When there are </span><span style=\"display:inherit;clear:left;\">no reasonable expectations of recovering the carrying amount, the receivable is written off in part or </span><span style=\"display:inherit;clear:left;\">entirely.</span><span style=\"display:inherit;clear:left;\">NOTE 15 \u2013 OTHER RECEIVABLES</span><span style=\"display:inherit;clear:left;position:relative;height:112.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 531.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivative financial instruments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 152.806px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Escrow accounts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.91px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">14.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine Engineering work in progress</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.023px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessel sale </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 253.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 286.207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.105px; width: 153.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff1; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 100.879px; width: 217.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">59.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">60.5 </span></span></span><span style=\"display:inherit;clear:left;\">No significant other receivables are past due or credit impaired. </span><span style=\"display:inherit;clear:left;\">The carrying amount is a reasonable approximation of fair value due to the short-term nature of the </span><span style=\"display:inherit;clear:left;\">receivables. Please refer to Note 25 for further information on fair value hierarchies.</span><span style=\"display:inherit;clear:left;\">NOTE 25 \u2013 FINANCIAL INSTRUMENTS</span><span style=\"display:inherit;clear:left;position:relative;height:496.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.516px; top: 0.0039062px; width: 89.5781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Observable input</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 804.656px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.5039px; width: 275.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Categories of financial assets and liabilities (USDm):</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 530.719px; top: 13.5039px; width: 45.0469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(Level 2)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.266px; top: 13.5039px; width: 117.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 770.828px; top: 13.5039px; width: 317.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at amortized cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total carrying value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2539px; width: 928.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 489.75px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5039px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.4</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3789px; width: 1089.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">214.7</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 98.2539px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.7</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.129px; width: 1089.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">163.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.629px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">395.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">406.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.379px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.629px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,003.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,003.1</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.504px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">41.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.254px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">68.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.754px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,112.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,115.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 274.504px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 291.379px; width: 1091.72px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.935px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 308.629px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 325.504px; width: 1088.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">183.9</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 342.379px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 359.254px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 375.754px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">506.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">539.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 400.504px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 417.754px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,226.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.629px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.9</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 451.504px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 468.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">61.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 484.879px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,338.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,340.5</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:252.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 516.5px; top: 0.0039062px; width: 62.2266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Observable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 804.656px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.5039px; width: 275.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Categories of financial assets and liabilities (USDm):</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.078px; top: 13.5039px; width: 75.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">input (Level 2)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.266px; top: 13.5039px; width: 117.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 770.828px; top: 13.5039px; width: 317.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at amortized cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total carrying value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2539px; width: 928.699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.935px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5039px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3789px; width: 1088.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">211.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 98.2539px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">60.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.129px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">295.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.629px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">571.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.379px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.629px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,059.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.504px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">43.1</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.254px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.754px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,148.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,150.9</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Du<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> sh<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span>t m<span class=\"_ _31\"></span>atu<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ty,<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>car<span class=\"_ _31\"></span>ryi<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>va<span class=\"_ _31\"></span>lue<span class=\"_ _31\"></span> is<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>ns<span class=\"_ _31\"></span>ide<span class=\"_ _31\"></span>red<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>o b<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>app<span class=\"_ _31\"></span>rop<span class=\"_ _31\"></span>ria<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span> ex<span class=\"_ _31\"></span>pre<span class=\"_ _31\"></span>ss<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>fai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>al<span class=\"_ _31\"></span>ue<span class=\"_ _69\"></span>.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Se<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>Not<span class=\"_ _31\"></span>e 2<span class=\"_ _31\"></span>0.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>riv<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ive<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>nci<span class=\"_ _31\"></span>al <span class=\"_ _31\"></span>ins<span class=\"_ _31\"></span>tr<span class=\"_ _31\"></span>ume<span class=\"_ _31\"></span>nts<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>pre<span class=\"_ _31\"></span>se<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ba<span class=\"_ _31\"></span>lan<span class=\"_ _31\"></span>ce<span class=\"_ _31\"></span> sh<span class=\"_ _31\"></span>eet<span class=\"_ _31\"></span> l<span class=\"_ _31\"></span>ine<span class=\"_ _31\"></span> \"O<span class=\"_ _31\"></span>the<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>rec<span class=\"_ _31\"></span>eiv<span class=\"_ _31\"></span>ab<span class=\"_ _31\"></span>les<span class=\"_ _31\"></span>\" a<span class=\"_ _31\"></span>nd <span class=\"_ _31\"></span>\"O<span class=\"_ _31\"></span>the<span class=\"_ _31\"></span>r l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es\"</span><span style=\"display:inherit;clear:left;\">NOTE 25<span class=\"ff2\"> </span><span class=\"fs4\">\u2013 continued</span></span><span style=\"display:inherit;clear:left;\">Fair value hierarchy for financial instruments measured at fair value in the balance sh<span class=\"_ _34\"></span>eet</span><span style=\"display:inherit;clear:left;\">Below, please find the fair value hierarchy for financial instruments measured at fair value in the </span><span style=\"display:inherit;clear:left;\">balance sheet. The financial instruments in question are grouped into levels 1 to 3 based on the degree </span><span style=\"display:inherit;clear:left;\">to which the fair value is observable.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Level 2 fair value measurements are those derived from input other than quoted prices included in </span><span style=\"display:inherit;clear:left;\">Level 1 which are observable for the asset or liability, either directly (as prices) or indirectly </span><span style=\"display:inherit;clear:left;\">(derived from prices)</span><span style=\"display:inherit;clear:left;\">Methods and assumptions in determining fair value of financial instruments</span><span style=\"display:inherit;clear:left;\">Derivative part of other receivables and other liabilities</span><span style=\"display:inherit;clear:left;\">The fair value of derivatives in other receivables and other liabilities is measured using accepted </span><span style=\"display:inherit;clear:left;\">valuation methods with input variables such as yield curves, forward curves, spreads, etc. and </span><span style=\"display:inherit;clear:left;\">compared to financial counterparties to ensure acceptable valuations. The valuation methods discount </span><span style=\"display:inherit;clear:left;\">the future fixed and estimated cash flows and valuation of any option elements.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__204": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Receivables</span><span style=\"display:inherit;clear:left;\">Outstanding trade receivables and other receivables which are expected to be realized within 12 </span><span style=\"display:inherit;clear:left;\">months from the balance sheet date are classified as \u201cTrade receivables\u201d or \u201cOther receivables\u201d and </span><span style=\"display:inherit;clear:left;\">presented as current assets.</span><span style=\"display:inherit;clear:left;\">Receivables are, at initial recognition, measured at their transaction price less allowance for expected </span><span style=\"display:inherit;clear:left;\">credit losses over the lifetime of the receivable and are subsequently measured at amortized cost </span><span style=\"display:inherit;clear:left;\">adjusted for changes in expected credit losses. Derivative financial instruments included in other </span><span style=\"display:inherit;clear:left;\">receivables are measured at fair value.</span><span style=\"display:inherit;clear:left;\">Expected credit losses</span><span style=\"display:inherit;clear:left;\">Expected credit losses are, at initial recognition, determined using an aging factor as well as a specific </span><span style=\"display:inherit;clear:left;\">customer knowledge such as customers\u2019 ability to pay, considering historical information about </span><span style=\"display:inherit;clear:left;\">payment patterns, credit risks, customer concentrations, customer creditworthiness as well as </span><span style=\"display:inherit;clear:left;\">prevailing economic conditions. The estimates are updated subsequently, and if the debtor\u2019s ability to </span><span style=\"display:inherit;clear:left;\">pay is becoming doubtful, expected credit losses are calculated on an individual basis. When there are </span><span style=\"display:inherit;clear:left;\">no reasonable expectations of recovering the carrying amount, the receivable is written off in part or </span><span style=\"display:inherit;clear:left;\">entirely.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__206": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 16 \u2013 PREPAYMENTS</span><span style=\"display:inherit;clear:left;position:relative;height:112.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 143.033px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid operating expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 16.1758px; width: 217.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 110.736px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid bareboat hire</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 33.0508px; width: 217.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 174.592px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Prepaid customer contract assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 49.9258px; width: 217.289px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 211.447px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessel lease extinguishment prepayment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 66.8008px; width: 217.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.4591px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">29.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.8105px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 99.8145px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other prepayments</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 83.6758px; width: 217.342px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 100.105px; width: 153.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff1; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 314.484px; top: 100.879px; width: 214.529px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.2</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfPrepaymentsAndOtherAssetsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__208": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 17 \u2013 COMMON SHARES AND TREASURY SHARES</span><span style=\"display:inherit;clear:left;position:relative;height:122.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 527.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Common shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.01px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 183.375px; top: 16.5039px; width: 76.2891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal value </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 207.031px; top: 30.0039px; width: 52.3594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">per share </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 292.406px; top: 30.0039px; width: 57.4219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 382.469px; top: 30.0039px; width: 57.4219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.359px; top: 30.0039px; width: 57.4219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 226.344px; top: 43.5039px; width: 30.4922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USD)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 43.5039px; width: 35.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 401.984px; top: 43.5039px; width: 35.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.781px; top: 43.5039px; width: 35.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7949px; width: 533.32px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A-shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 188.748px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101,332,707 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97,814,051 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86,225,684 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6699px; width: 532.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">B-shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 188.35px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5449px; width: 533.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">C-shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 188.35px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.004px; width: 532.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.336px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 13.3066px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101,332,709 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.7988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97,814,053 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86,225,686 </span></span></span><span style=\"display:inherit;clear:left;\">During the year, the share capital was increased by 4,012,027 A-shares with a nominal value of USD </span><span style=\"display:inherit;clear:left;\">40,120.27. The total amount including share premium amounted to USD 19.3m. USD 17.0m was non-</span><span style=\"display:inherit;clear:left;\">cash increases in conjunction with the acquisition of one vessel, and USD 2.3m was contributed in cash </span><span style=\"display:inherit;clear:left;\">in connection with exercise of Restricted Share Units. </span><span style=\"display:inherit;clear:left;\">During 2024, the share capital was increased by 11,588,367 A-shares with a nominal value of USD </span><span style=\"display:inherit;clear:left;\">115,883.67.The total amount including share premium amounted to USD 331.7m. USD 319.2m was a </span><span style=\"display:inherit;clear:left;\">non-cash increase in conjunction with the acquisition of 19 vessels, and USD 12.5m was contributed in </span><span style=\"display:inherit;clear:left;\">cash in connection with exercise of Restricted Share Units.</span><span style=\"display:inherit;clear:left;\">During 2023, the share capital was increased by 3,914,385 A-shares with a nominal value of USD </span><span style=\"display:inherit;clear:left;\">39,143.85. The total amount including share premium amounted to USD 92.7m. USD 86.5m was a non-</span><span style=\"display:inherit;clear:left;\">cash increase in conjunction with the acquisition of five vessels, and USD 6.2m was contributed in cash </span><span style=\"display:inherit;clear:left;\">in connection with exercise of Restricted Share Units.</span><span style=\"display:inherit;clear:left;\">The A-shares are listed on Nasdaq in Copenhagen and Nasdaq in New York and are publicly available </span><span style=\"display:inherit;clear:left;\">for trading. Each A-share carries one vote at the General Meetings and gives the shareholders the right </span><span style=\"display:inherit;clear:left;\">to dividends, liquidation proceeds, or other distributions. The A-shares carry no other rights or </span><span style=\"display:inherit;clear:left;\">obligations. The B-share has one vote at the General Meetings, has no pre-emption rights in relation to </span><span style=\"display:inherit;clear:left;\">any issue of new shares of other classes, and carries no right to receive dividends, liquidation proceeds, </span><span style=\"display:inherit;clear:left;\">or other distributions from TORM. </span><span style=\"display:inherit;clear:left;\">The holder of the B-share has the right to elect one member to the Board of Directors (being the </span><span style=\"display:inherit;clear:left;\">Deputy Chair), up to three alternates as well as one Board Observer. The B-share cannot be transferred </span><span style=\"display:inherit;clear:left;\">or pledged, except for a transfer to a replacement trustee.</span><span style=\"display:inherit;clear:left;\">The C-share represents 350,000,000 votes at the General Meetings in respect of certain Specified </span><span style=\"display:inherit;clear:left;\">Matters, including election of members to the Board of Directors (including the Chair, but excluding the </span><span style=\"display:inherit;clear:left;\">Deputy Chair) and certain amendments to the Articles of Association proposed by the Board of </span><span style=\"display:inherit;clear:left;\">Directors. The C-share has no pre-emption rights in relation to any issue of new shares of other classes </span><span style=\"display:inherit;clear:left;\">and carries no right to receive dividends, liquidation proceeds, or other distributions from TORM. The C-</span><span style=\"display:inherit;clear:left;\">share cannot be transferred or pledged, except to an affiliate of Njord Luxco.</span><span style=\"display:inherit;clear:left;\">The B-share and the C-share are redeemable by TORM in the event that (i) TORM has received written </span><span style=\"display:inherit;clear:left;\">notification from Njord Luxco (or its affiliates) that Njord Luxco and its affiliates (as defined in the </span><span style=\"display:inherit;clear:left;\">Articles of Association) hold less than 1/3 in aggregate of TORM\u2019s issued and outstanding shares, (ii) 5 </span><span style=\"display:inherit;clear:left;\">business days have elapsed from the Board of Directors\u2019 receipt of such written notice either without </span><span style=\"display:inherit;clear:left;\">any Board member disputing such notice or with at least 2/3 of the Board members confirming such </span><span style=\"display:inherit;clear:left;\">notice, and (iii) both of the B-share and the C-share are redeemed at the same time.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__207": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 17 \u2013 COMMON SHARES AND TREASURY SHARES</span><span style=\"display:inherit;clear:left;position:relative;height:122.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 527.537px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Common shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.01px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 183.375px; top: 16.5039px; width: 76.2891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal value </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 207.031px; top: 30.0039px; width: 52.3594px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">per share </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 292.406px; top: 30.0039px; width: 57.4219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 382.469px; top: 30.0039px; width: 57.4219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 472.359px; top: 30.0039px; width: 57.4219px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 226.344px; top: 43.5039px; width: 30.4922px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USD)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 311.719px; top: 43.5039px; width: 35.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 401.984px; top: 43.5039px; width: 35.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 491.781px; top: 43.5039px; width: 35.877px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shares</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 60.7949px; width: 533.32px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">A-shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 188.748px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 16.6465px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101,332,707 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 22.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97,814,051 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 23.3965px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86,225,684 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 77.6699px; width: 532.998px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">B-shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 188.35px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.5449px; width: 533.543px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">C-shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 188.35px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.01</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.8241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.004px; width: 532.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.336px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 13.3066px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">101,332,709 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 19.7988px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">97,814,053 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 20.1797px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86,225,686 </span></span></span><span style=\"display:inherit;clear:left;\">During the year, the share capital was increased by 4,012,027 A-shares with a nominal value of USD </span><span style=\"display:inherit;clear:left;\">40,120.27. The total amount including share premium amounted to USD 19.3m. USD 17.0m was non-</span><span style=\"display:inherit;clear:left;\">cash increases in conjunction with the acquisition of one vessel, and USD 2.3m was contributed in cash </span><span style=\"display:inherit;clear:left;\">in connection with exercise of Restricted Share Units. </span><span style=\"display:inherit;clear:left;\">During 2024, the share capital was increased by 11,588,367 A-shares with a nominal value of USD </span><span style=\"display:inherit;clear:left;\">115,883.67.The total amount including share premium amounted to USD 331.7m. USD 319.2m was a </span><span style=\"display:inherit;clear:left;\">non-cash increase in conjunction with the acquisition of 19 vessels, and USD 12.5m was contributed in </span><span style=\"display:inherit;clear:left;\">cash in connection with exercise of Restricted Share Units.</span><span style=\"display:inherit;clear:left;\">During 2023, the share capital was increased by 3,914,385 A-shares with a nominal value of USD </span><span style=\"display:inherit;clear:left;\">39,143.85. The total amount including share premium amounted to USD 92.7m. USD 86.5m was a non-</span><span style=\"display:inherit;clear:left;\">cash increase in conjunction with the acquisition of five vessels, and USD 6.2m was contributed in cash </span><span style=\"display:inherit;clear:left;\">in connection with exercise of Restricted Share Units.</span><span style=\"display:inherit;clear:left;\">The A-shares are listed on Nasdaq in Copenhagen and Nasdaq in New York and are publicly available </span><span style=\"display:inherit;clear:left;\">for trading. Each A-share carries one vote at the General Meetings and gives the shareholders the right </span><span style=\"display:inherit;clear:left;\">to dividends, liquidation proceeds, or other distributions. The A-shares carry no other rights or </span><span style=\"display:inherit;clear:left;\">obligations. The B-share has one vote at the General Meetings, has no pre-emption rights in relation to </span><span style=\"display:inherit;clear:left;\">any issue of new shares of other classes, and carries no right to receive dividends, liquidation proceeds, </span><span style=\"display:inherit;clear:left;\">or other distributions from TORM. </span><span style=\"display:inherit;clear:left;\">The holder of the B-share has the right to elect one member to the Board of Directors (being the </span><span style=\"display:inherit;clear:left;\">Deputy Chair), up to three alternates as well as one Board Observer. The B-share cannot be transferred </span><span style=\"display:inherit;clear:left;\">or pledged, except for a transfer to a replacement trustee.</span><span style=\"display:inherit;clear:left;\">The C-share represents 350,000,000 votes at the General Meetings in respect of certain Specified </span><span style=\"display:inherit;clear:left;\">Matters, including election of members to the Board of Directors (including the Chair, but excluding the </span><span style=\"display:inherit;clear:left;\">Deputy Chair) and certain amendments to the Articles of Association proposed by the Board of </span><span style=\"display:inherit;clear:left;\">Directors. The C-share has no pre-emption rights in relation to any issue of new shares of other classes </span><span style=\"display:inherit;clear:left;\">and carries no right to receive dividends, liquidation proceeds, or other distributions from TORM. The C-</span><span style=\"display:inherit;clear:left;\">share cannot be transferred or pledged, except to an affiliate of Njord Luxco.</span><span style=\"display:inherit;clear:left;\">The B-share and the C-share are redeemable by TORM in the event that (i) TORM has received written </span><span style=\"display:inherit;clear:left;\">notification from Njord Luxco (or its affiliates) that Njord Luxco and its affiliates (as defined in the </span><span style=\"display:inherit;clear:left;\">Articles of Association) hold less than 1/3 in aggregate of TORM\u2019s issued and outstanding shares, (ii) 5 </span><span style=\"display:inherit;clear:left;\">business days have elapsed from the Board of Directors\u2019 receipt of such written notice either without </span><span style=\"display:inherit;clear:left;\">any Board member disputing such notice or with at least 2/3 of the Board members confirming such </span><span style=\"display:inherit;clear:left;\">notice, and (iii) both of the B-share and the C-share are redeemed at the same time.</span><span style=\"display:inherit;clear:left;\">After the end of the year, subsequent changes were made to the B- and C-shares. Refer to Note 2 for </span><span style=\"display:inherit;clear:left;\">description of subsequent events.</span><span style=\"display:inherit;clear:left;position:relative;height:304.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Treasury shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 268.523px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 119.479px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of shares '000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.271px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.318px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cancellations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 31.5117px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.1289px; width: 531.803px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">493.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 111.004px; width: 526.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 348.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.504px; width: 125.531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Nominal value USD '000</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.795px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 183.346px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 161.67px; width: 532.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cancellations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 245.197px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 178.129px; width: 531.691px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 351.516px; top: 208.129px; width: 174.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 225.004px; width: 145.746px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Percentage of share capital</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 242.295px; width: 529.025px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 01 January</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 224.179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.17px; width: 529.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cancellations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 281.596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.256px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.256px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 276.045px; width: 529.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dilution due to capital increases</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 198.668px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.13px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 292.504px; width: 529.312px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 218.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span></span><span style=\"display:inherit;clear:left;\">At the 2025 Annual General Meeting on 16 April 2025, our shareholders approved the application for a </span><span style=\"display:inherit;clear:left;\">court order from the Companies Court in England and Wales to effect the cancellation of 493,371 </span><span style=\"display:inherit;clear:left;\">treasury shares that we purchased in share buybacks on Nasdaq Copenhagen A/S in 2016 and 2020. </span><span style=\"display:inherit;clear:left;\">On 15 May 2025, the Court approved the cancellation. The cancellation of these treasury shares was </span><span style=\"display:inherit;clear:left;\">intended to rectify the fact that these repurchases were not made in accordance with the UK </span><span style=\"display:inherit;clear:left;\">Companies Act, which distinguishes between buybacks effected through \u201cmarket purchases\u201d and \u201coff-</span><span style=\"display:inherit;clear:left;\">market purchases.\u201d We effected these buybacks under \u201cmarket purchase\u201d resolutions; however, for </span><span style=\"display:inherit;clear:left;\">purposes of the UK Companies Act, Nasdaq Copenhagen A/S is an overseas exchange, making it </span><span style=\"display:inherit;clear:left;\">ineligible for buybacks conducted under the \u201cmarket purchase\u201d provisions. The cancellation of the </span><span style=\"display:inherit;clear:left;\">affected treasury shares did not affect the rights attached to, or result in any other change to, any of </span><span style=\"display:inherit;clear:left;\">our other shares (or their nominal value).</span><span style=\"display:inherit;clear:left;\">As of 31 December 2024, the Company's holding of treasury shares represented 493,371 shares, </span><span style=\"display:inherit;clear:left;\">(2023: 493,371 shares) of USD 0.01 each at a total nominal value of USD 0.0m (2023: USD 0.0m) and a </span><span style=\"display:inherit;clear:left;\">market value of USD 9.6m (2023: USD 14.9m).</span><span style=\"display:inherit;clear:left;\">Restricted Share Units</span><span style=\"display:inherit;clear:left;\">Key management participates in an LTIP program, which gives the right to buy TORM shares at a </span><span style=\"display:inherit;clear:left;\">predefined share price. Please refer to note 5.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__211": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 18 \u2013 OTHER LIABILITIES</span><span style=\"display:inherit;clear:left;position:relative;height:187.916015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 531.896px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued operating expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">16.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 532.078px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued interest</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 229.518px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 532.09px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Wages and social expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.4 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5449px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Accrued administration expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 143.525px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.4199px; width: 531.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivative financial instruments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 152.806px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.295px; width: 532.553px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">EU Emission Allowances</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 190.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.17px; width: 532.055px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 286.207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 134.629px; width: 532.113px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Balance as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 170.719px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">71.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">48.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 532.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hereof non-current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.615px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.67px; width: 532.102px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hereof current</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">68.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">45.2 </span></span></span><span style=\"display:inherit;clear:left;\">The carrying amount is a reasonable approximation of fair value due to the short-term nature of the </span><span style=\"display:inherit;clear:left;\">payable. Please refer to Note 25 for further information on fair value hierarchies.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Other liabilities are generally measured at amortized cost. Derivative financial instruments included in </span><span style=\"display:inherit;clear:left;\">other liabilities are measured at fair value.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__213": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Borrowings consist of mortgage debt, bank loans, bonds and lease liabilities.</span><span style=\"display:inherit;clear:left;\">Borrowings are initially measured at fair value less transaction costs. Mortgage debt and bank loans are </span><span style=\"display:inherit;clear:left;\">subsequently measured at amortized cost. This means that the difference between the net proceeds at </span><span style=\"display:inherit;clear:left;\">the time of borrowing and the nominal amount of the loan is recognized in the income statement as a </span><span style=\"display:inherit;clear:left;\">financial expense over the term of the loan applying the effective interest method.</span><span style=\"display:inherit;clear:left;\">When terms of existing financial liabilities are renegotiated, or other changes regarding the effective </span><span style=\"display:inherit;clear:left;\">interest rate occur, TORM performs a test to evaluate whether the new terms are substantially different </span><span style=\"display:inherit;clear:left;\">from the original terms. If the new terms are substantially different from the original terms, TORM </span><span style=\"display:inherit;clear:left;\">accounts for the change as an extinguishment of the original financial liability and the recognition of a </span><span style=\"display:inherit;clear:left;\">new financial liability.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__215": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 20 \u2013 COLLATERAL SECURITY FOR BORROWINGS</span><span style=\"display:inherit;clear:left;\">The total carrying amount of vessels which have been provided as security for borrowings amounts to  </span><span style=\"display:inherit;clear:left;\">USD 2,792m as of 31 December 2025 (2024: USD 2,827m, 2023: USD 2,070m), including transferred </span><span style=\"display:inherit;clear:left;\">ownership under sale and leaseback arrangements accounted for as financing transactions, where the </span><span style=\"display:inherit;clear:left;\">vessels are not derecognized and where vessels are provided as security for lease debt.</span><span style=\"display:inherit;clear:left;\">USD 0.0m (2024:USD 0.7m, 2023: USD 0.7m) in floating charge in Marine Exhaust Technology A/S have </span><span style=\"display:inherit;clear:left;\">been provided as security for loans to other lenders. </span><span style=\"display:inherit;clear:left;\">USD 0.0m (2024: USD 0.3m, 2023: USD 0.4m) in floating charge in Marine Exhaust Technology A/S </span><span style=\"display:inherit;clear:left;\">have been provided as security for loans to banks.</span><span style=\"display:inherit;clear:left;\">In the current year 0 shares (2024: 0 shares, 2023: 10,500 shares) in ME Production A/S with a book </span><span style=\"display:inherit;clear:left;\">value of zero (2024:  USD 0.0m, 2023: USD 2.1m) have been provided as security for loans to the </span><span style=\"display:inherit;clear:left;\">lenders of Marine Exhaust Technology A/S. </span><span style=\"display:inherit;clear:left;\">USD 6.7m (2024: USD 6.2m, 2023: USD 6.6m) in floating charge in ME Production A/S with a book value </span><span style=\"display:inherit;clear:left;\">of USD 8.2m (2024: USD 7.4m, 2023: USD 10.5m) have been provided as security for loans to banks.</span><span style=\"display:inherit;clear:left;\">Please refer to Note 1 for further information.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCollateralExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__218": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 21 \u2013 GUARANTEE COMMITMENTS AND CONTINGENT LIABILITIES</span><span style=\"display:inherit;clear:left;\">The guarantee commitments of the Group are less than USD 0.1m (2024: USD 0.1m, 2023: USD 0.1m) </span><span style=\"display:inherit;clear:left;\">and relate to guarantee commitments to Danish Shipping.</span><span style=\"display:inherit;clear:left;\">The Group is involved in certain other legal proceedings and disputes. It is the Management's opinion </span><span style=\"display:inherit;clear:left;\">that the outcome of these proceedings and disputes will not have any material impact on the Group's </span><span style=\"display:inherit;clear:left;\">financial position, results of operations, and cash flows.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__217": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 21 \u2013 GUARANTEE COMMITMENTS AND CONTINGENT LIABILITIES</span><span style=\"display:inherit;clear:left;\">The guarantee commitments of the Group are less than USD 0.1m (2024: USD 0.1m, 2023: USD 0.1m) </span><span style=\"display:inherit;clear:left;\">and relate to guarantee commitments to Danish Shipping.</span><span style=\"display:inherit;clear:left;\">The Group is involved in certain other legal proceedings and disputes. It is the Management's opinion </span><span style=\"display:inherit;clear:left;\">that the outcome of these proceedings and disputes will not have any material impact on the Group's </span><span style=\"display:inherit;clear:left;\">financial position, results of operations, and cash flows.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__216": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 21 \u2013 GUARANTEE COMMITMENTS AND CONTINGENT LIABILITIES</span><span style=\"display:inherit;clear:left;\">The guarantee commitments of the Group are less than USD 0.1m (2024: USD 0.1m, 2023: USD 0.1m) </span><span style=\"display:inherit;clear:left;\">and relate to guarantee commitments to Danish Shipping.</span><span style=\"display:inherit;clear:left;\">The Group is involved in certain other legal proceedings and disputes. It is the Management's opinion </span><span style=\"display:inherit;clear:left;\">that the outcome of these proceedings and disputes will not have any material impact on the Group's </span><span style=\"display:inherit;clear:left;\">financial position, results of operations, and cash flows.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__220-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 22 \u2013 CONTRACTUAL RIGHTS AND OBLIGATIONS</span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual obligations as of 31 December 2025.</span><span style=\"display:inherit;clear:left;position:relative;height:130.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1048.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 1063.94px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 520.939px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">385.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">78.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">65.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,016.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1035.54px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest payments related to scheduled interest fixing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.746px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">38.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">128.5 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6289px; width: 1054px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimated variable interest payments \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.241px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.6 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 1076.55px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secondhand vessel commitments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 414.382px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">126.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 1067.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Committed scrubber installations \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 407.115px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">15.5 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.254px; width: 1072.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables and other obligations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 396.476px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">89.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 1057.79px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">558.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">141.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">132.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">409.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">84.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">70.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,396.6 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual obligations as of 31 December 2024.</span><span style=\"display:inherit;clear:left;position:relative;height:113.625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1048.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 1060.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 520.939px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">167.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">166.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">132.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">118.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">488.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">170.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,243.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1034.31px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest payments related to scheduled interest fixing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.746px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">51.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">39.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">212.4 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6289px; width: 1054px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimated variable interest payments \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.241px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">46.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 1066.66px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Committed scrubber installations \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 407.115px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 1072.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables and other obligations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 396.476px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">92.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.254px; width: 1054.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">332.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">222.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">192.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">168.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">519.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">182.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,619.4 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual obligations as of 31 December 2023.</span><span style=\"display:inherit;clear:left;position:relative;height:130.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1048.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.8789px; width: 1060.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 520.939px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">174.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">148.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">112.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">120.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">370.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,073.5 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1033.06px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest payments related to scheduled interest fixing</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 310.746px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">18.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">162.6 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6289px; width: 1054px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Estimated variable interest payments \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 385.241px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">40.3 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.5039px; width: 1076.55px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Secondhand vessel commitments</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 414.382px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">190.4 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.3789px; width: 1067.07px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Committed scrubber installations \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 407.115px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.254px; width: 1072.45px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables and other obligations</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 396.476px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">85.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff17; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">87.7 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 118.129px; width: 1054.88px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">521.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">185.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">150.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">149.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">400.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.8125px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 24.1933px; font-size: 11.25px; font-family: ff16; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,590.2 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>sen<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>mou<span class=\"_ _31\"></span>nts<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> b<span class=\"_ _31\"></span>e r<span class=\"_ _31\"></span>epa<span class=\"_ _31\"></span>id<span class=\"_ _31\"></span> do<span class=\"_ _31\"></span> no<span class=\"_ _31\"></span>t i<span class=\"_ _31\"></span>nc<span class=\"_ _31\"></span>lud<span class=\"_ _31\"></span>e d<span class=\"_ _31\"></span>ire<span class=\"_ _31\"></span>ct<span class=\"_ _31\"></span>ly <span class=\"_ _31\"></span>rel<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>bor<span class=\"_ _31\"></span>row<span class=\"_ _31\"></span>in<span class=\"_ _31\"></span>g c<span class=\"_ _31\"></span>ost<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>ari<span class=\"_ _31\"></span>sin<span class=\"_ _31\"></span>g f<span class=\"_ _31\"></span>ro<span class=\"_ _31\"></span>m t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>is<span class=\"_ _31\"></span>sui<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e l<span class=\"_ _31\"></span>oan<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>of <span class=\"_ _69\"> </span>US<span class=\"_ _31\"></span>D1<span class=\"_ _31\"></span>3.2<span class=\"_ _31\"></span>m (<span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>24:<span class=\"_ _31\"></span> U<span class=\"_ _31\"></span>SD <span class=\"_ _31\"></span>17.<span class=\"_ _31\"></span>0m<span class=\"_ _31\"></span>. 2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>3: <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 1<span class=\"_ _31\"></span>3.9<span class=\"_ _31\"></span>m)<span class=\"_ _31\"></span>, w<span class=\"_ _31\"></span>hi<span class=\"_ _31\"></span>ch <span class=\"_ _31\"></span>are<span class=\"_ _31\"></span> am<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span>tiz<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>ov<span class=\"_ _31\"></span>er <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>erm<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>loa<span class=\"_ _31\"></span>ns.<span class=\"_ _31\"></span> B<span class=\"_ _31\"></span>orr<span class=\"_ _31\"></span>owi<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>co<span class=\"_ _31\"></span>sts<span class=\"_ _31\"></span> ca<span class=\"_ _31\"></span>pi<span class=\"_ _31\"></span>tal<span class=\"_ _31\"></span>ize<span class=\"_ _31\"></span>d </span><span style=\"display:inherit;clear:left;\">du<span class=\"_ _31\"></span>rin<span class=\"_ _31\"></span>g t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ye<span class=\"_ _31\"></span>ar <span class=\"_ _31\"></span>amo<span class=\"_ _31\"></span>un<span class=\"_ _31\"></span>t t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>USD<span class=\"_ _31\"></span> 6<span class=\"_ _31\"></span>.8m<span class=\"_ _31\"></span> (<span class=\"_ _31\"></span>202<span class=\"_ _31\"></span>4:<span class=\"_ _31\"></span> US<span class=\"_ _31\"></span>D 7<span class=\"_ _31\"></span>.3<span class=\"_ _31\"></span>m, <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>23:<span class=\"_ _31\"></span> U<span class=\"_ _31\"></span>SD <span class=\"_ _31\"></span>9.0<span class=\"_ _31\"></span>m)<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Va<span class=\"_ _31\"></span>ria<span class=\"_ _31\"></span>bl<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>pay<span class=\"_ _31\"></span>men<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> ar<span class=\"_ _31\"></span>e e<span class=\"_ _31\"></span>st<span class=\"_ _31\"></span>ima<span class=\"_ _31\"></span>ted<span class=\"_ _31\"></span> b<span class=\"_ _31\"></span>ase<span class=\"_ _31\"></span>d o<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> fo<span class=\"_ _31\"></span>rwa<span class=\"_ _31\"></span>rd<span class=\"_ _31\"></span> ra<span class=\"_ _31\"></span>tes<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>eac<span class=\"_ _31\"></span>h i<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>ere<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>pe<span class=\"_ _31\"></span>rio<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>ncl<span class=\"_ _31\"></span>ud<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> he<span class=\"_ _31\"></span>dg<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> in<span class=\"_ _31\"></span>str<span class=\"_ _31\"></span>um<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>s<span class=\"_ _69\"></span>.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> Co<span class=\"_ _31\"></span>mmi<span class=\"_ _31\"></span>tm<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>s f<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span> po<span class=\"_ _31\"></span>llu<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>red<span class=\"_ _31\"></span>uct<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nst<span class=\"_ _31\"></span>all<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span>s</span><span style=\"display:inherit;clear:left;\">TORM has contractual rights to receive future payments as lessor of vessels on time charter and bareboat charter to customers.</span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual rights as of 31 December 2025.</span><span style=\"display:inherit;clear:left;position:relative;height:61.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1090.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2030</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 156.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Contractual rights - as lessor:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1096.78px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Charter hire income for vessels \u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.4 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 1096.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">53.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">31.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.4 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual rights as of 31 December 2024</span><span style=\"display:inherit;clear:left;position:relative;height:61.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1090.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2029</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 156.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Contractual rights - as lessor:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1096.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Charter hire income for vessels \u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.9 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 1096.51px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">105.9 </span></span></span><span style=\"display:inherit;clear:left;\">The following table summarizes the Group's contractual rights as of 31 December 2023</span><span style=\"display:inherit;clear:left;position:relative;height:61.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1090.93px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 592.455px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2028</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 17.127px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Thereafter</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 156.24px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Contractual rights - as lessor:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7539px; width: 1096.54px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Charter hire income for vessels \u2075\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 418.185px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.9 </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 1096.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 560.092px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">61.9 </span></span></span><span style=\"display:inherit;clear:left;\"> 5<span class=\"_ _31\"></span>) C<span class=\"_ _31\"></span>har<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span>r h<span class=\"_ _31\"></span>ire<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nco<span class=\"_ _31\"></span>me <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> v<span class=\"_ _31\"></span>ess<span class=\"_ _31\"></span>els<span class=\"_ _31\"></span> o<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>ime<span class=\"_ _31\"></span> c<span class=\"_ _31\"></span>har<span class=\"_ _31\"></span>ter<span class=\"_ _31\"></span> is<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>eco<span class=\"_ _31\"></span>gni<span class=\"_ _31\"></span>ze<span class=\"_ _31\"></span>d u<span class=\"_ _31\"></span>nde<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>\"Re<span class=\"_ _31\"></span>ven<span class=\"_ _31\"></span>ue\"<span class=\"_ _31\"></span>. <span class=\"_ _31\"></span>Dur<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>yea<span class=\"_ _31\"></span>rs<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>ven<span class=\"_ _31\"></span>ue<span class=\"_ _31\"></span> fr<span class=\"_ _31\"></span>om <span class=\"_ _31\"></span>tim<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>cha<span class=\"_ _31\"></span>rte<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>amo<span class=\"_ _31\"></span>unt<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>to<span class=\"_ _69\"> </span> U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 12<span class=\"_ _31\"></span>9.3<span class=\"_ _31\"></span>m <span class=\"_ _31\"></span>(20<span class=\"_ _31\"></span>24<span class=\"_ _31\"></span>: U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 14<span class=\"_ _31\"></span>5.6<span class=\"_ _31\"></span>m,<span class=\"_ _31\"></span> 20<span class=\"_ _31\"></span>23<span class=\"_ _31\"></span>: U<span class=\"_ _31\"></span>SD<span class=\"_ _31\"></span> 43<span class=\"_ _31\"></span>.8m<span class=\"_ _31\"></span>).<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>ave<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>iod<span class=\"_ _31\"></span> un<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>l r<span class=\"_ _31\"></span>ede<span class=\"_ _31\"></span>liv<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>y o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ve<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ls<span class=\"_ _31\"></span> fo<span class=\"_ _31\"></span>r t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">pe<span class=\"_ _31\"></span>rio<span class=\"_ _31\"></span>d e<span class=\"_ _31\"></span>nd<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>ber<span class=\"_ _31\"></span> 2<span class=\"_ _31\"></span>025<span class=\"_ _31\"></span> w<span class=\"_ _31\"></span>as <span class=\"_ _31\"></span>2.<span class=\"_ _31\"></span>0 y<span class=\"_ _31\"></span>ear<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>(2<span class=\"_ _31\"></span>024<span class=\"_ _31\"></span>: 1<span class=\"_ _31\"></span>.8<span class=\"_ _31\"></span> ye<span class=\"_ _31\"></span>ars<span class=\"_ _31\"></span>, <span class=\"_ _31\"></span>202<span class=\"_ _31\"></span>3:<span class=\"_ _31\"></span>1.6<span class=\"_ _31\"></span> y<span class=\"_ _31\"></span>ear<span class=\"_ _31\"></span>s)<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Liquidity risk </span><span style=\"display:inherit;clear:left;\">TORM\u2019s strategy is to ensure continuous access to funding sources by maintaining a robust capital </span><span style=\"display:inherit;clear:left;\">structure and a close relationship with several financial partners. As of 31 December 2025, TORM\u2019s loan </span><span style=\"display:inherit;clear:left;\">portfolio was spread across 14 different banks.</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM maintains a liquidity reserve of USD 163.5m in cash and cash </span><span style=\"display:inherit;clear:left;\">equivalents, including restricted cash, combined with USD 398.8m in undrawn and committed credit </span><span style=\"display:inherit;clear:left;\">facilities. Cash is only placed in banks or Money Market Funds with an investment grade rating. For </span><span style=\"display:inherit;clear:left;\">further information on contractual obligations, including a maturity analysis, please refer to Note <span class=\"_ _34\"></span>22.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__221-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 23 \u2013 DERIVATIVE FINANCIAL INSTRUMENTS</span><span style=\"display:inherit;clear:left;\">Please refer to Note 25 for further information on fair value hierarchies.</span><span style=\"display:inherit;clear:left;position:relative;height:219.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 127.793px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value of derivatives:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.2539px; width: 284.355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivative financial instruments regarding freight and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.7539px; width: 45.498px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">bunkers:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.0449px; width: 303.674px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward freight agreements \u2014 fair value through profit and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 85.5449px; width: 531.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 294.123px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 102.42px; width: 532.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps \u2014 fair value through profit and loss</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 119.295px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps \u2014 hedge accounting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 136.565px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 143.629px; width: 290.408px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Derivative financial instruments regarding interest and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 157.129px; width: 128.098px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">currency exchange rate:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 174.42px; width: 532.125px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts \u2014 hedge accounting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 191.295px; width: 532.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps \u2014 hedge accounting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">35.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.754px; width: 531.627px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value of derivatives as of 31 December</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 88.1543px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">36.8 </span></span></span><span style=\"display:inherit;clear:left;\">Derivative financial instruments are presented as below on the balance sheet:</span><span style=\"display:inherit;clear:left;position:relative;height:109.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 0.0039062px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 477.469px; top: 0.0039062px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 416.203px; top: 13.5039px; width: 35.5781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 477.469px; top: 13.5039px; width: 47.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 254.637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offsetting financial assets and financial liabilities:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5449px; width: 530.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">11.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.2 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.4199px; width: 530.795px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offsetting amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.8789px; width: 530.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net amount presented in the balance sheet</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 158.766px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:109.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 0.0039062px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 477.469px; top: 0.0039062px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 416.203px; top: 13.5039px; width: 35.5781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 477.469px; top: 13.5039px; width: 47.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 254.637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offsetting financial assets and financial liabilities:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5449px; width: 530.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.4199px; width: 531.223px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offsetting amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.8789px; width: 530.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net amount presented in the balance sheet</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 158.766px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">32.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span></span></span><span style=\"display:inherit;clear:left;position:relative;height:109.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 404.453px; top: 0.0039062px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 477.469px; top: 0.0039062px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.9199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 416.203px; top: 13.5039px; width: 35.5781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">assets</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 477.469px; top: 13.5039px; width: 47.3555px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">liabilities</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 254.637px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offsetting financial assets and financial liabilities:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5449px; width: 530.871px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gross amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.4199px; width: 530.795px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Offsetting amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 97.8789px; width: 530.812px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net amount presented in the balance sheet</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 158.766px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span></span></span><span style=\"display:inherit;clear:left;\">Derivative financial instruments assets are offset against derivative financial instruments liabilities </span><span style=\"display:inherit;clear:left;\">where the counterparty is identical, where TORM has legal right to offset and intends to settle on a net </span><span style=\"display:inherit;clear:left;\">basis.</span><span style=\"display:inherit;clear:left;\">Hedging of risks with derivative financial instruments is made with a ratio of 1:1 and where hedge items </span><span style=\"display:inherit;clear:left;\">can be a portion of exposure. Sources of ineffectiveness are mainly derived from differences in timing </span><span style=\"display:inherit;clear:left;\">and interest base rate. Any ineffective portions of the cash flow hedges are recognized in the income </span><span style=\"display:inherit;clear:left;\">statement as financial items. Value adjustments of the effective part of cash flow hedges are </span><span style=\"display:inherit;clear:left;\">recognized directly to other  comprehensive income. Gains and losses on cash flow hedges are </span><span style=\"display:inherit;clear:left;\">transferred upon realization from the hedging reserve into the income statement. </span><span style=\"display:inherit;clear:left;\">FFAs are used to mitigate fluctuations in the freight rates of vessels with a duration of 0-24 months. </span><span style=\"display:inherit;clear:left;\">The FFAs are not designated for hedge accounting.</span><span style=\"display:inherit;clear:left;\">Forward exchange contracts with a fair value of USD 0.9m (net gain) are designated as hedge </span><span style=\"display:inherit;clear:left;\">accounting relationships to hedge a part of TORM payments in 2026 regarding administrative and </span><span style=\"display:inherit;clear:left;\">operating expenses denominated in DKK with a notional value of DKK 341.3m (2024: DKK 348.9m 2023: </span><span style=\"display:inherit;clear:left;\">DKK 325.5).</span><span style=\"display:inherit;clear:left;\">Interest rate swaps with a fair value of USD 8.3m (net gain) applying the USD Secured Overnight </span><span style=\"display:inherit;clear:left;\">Financing Rate (\"SOFR\") compounded in arrears are designated as hedge accounting relationships to </span><span style=\"display:inherit;clear:left;\">fix a part of TORM's interest payments during the period 2026-2030 with a notional value of 414.2m </span><span style=\"display:inherit;clear:left;\">(2024: USD 498.7m, 2023: USD 923.0m).</span><span style=\"display:inherit;clear:left;\">Bunker swaps with a fair value USD 0.0m are designated as hedge accounting relationships and are  </span><span style=\"display:inherit;clear:left;\">used to reduce the exposure to fluctuations in bunker prices for fixed voyages denominated in MT with </span><span style=\"display:inherit;clear:left;\">a notional value of MT 2,400 (2024: MT 9,000, 2023: MT 9,600).</span><span style=\"display:inherit;clear:left;\">At year-end 2025, 2024, and 2023, TORM held the following derivative financial instruments designated </span><span style=\"display:inherit;clear:left;\">as hedge accounting:</span><span style=\"display:inherit;clear:left;position:relative;height:106.166015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 374.234px; top: 0.0039062px; width: 97.6406px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Expected maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 192.547px; top: 16.8789px; width: 47.1504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Notional </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 208.641px; top: 30.3789px; width: 320.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2027</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 8.66018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">   Aft</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 2027</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 149.766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 61.1699px; width: 534.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USD/DKK) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.914px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">341.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKKm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">341.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.0449px; width: 534.27px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">414.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">20.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">124.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">269.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.9199px; width: 534.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.748px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,400.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">MT</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2,400.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e h<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>ge <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D/D<span class=\"_ _31\"></span>KK <span class=\"_ _31\"></span>cur<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>ncy<span class=\"_ _31\"></span> wa<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>6.<span class=\"_ _31\"></span>4</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>ere<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>ra<span class=\"_ _31\"></span>te <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>2.7<span class=\"_ _31\"></span>6% <span class=\"_ _31\"></span>p.<span class=\"_ _31\"></span>a. <span class=\"_ _31\"></span>plu<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>mar<span class=\"_ _31\"></span>gin</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ce <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> h<span class=\"_ _31\"></span>edg<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nst<span class=\"_ _31\"></span>rum<span class=\"_ _31\"></span>en<span class=\"_ _31\"></span>ts <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>USD<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>91.<span class=\"_ _31\"></span>0</span><span style=\"display:inherit;clear:left;position:relative;height:106.166015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 471.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hedge accounting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 277.852px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expected maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 191.266px; top: 16.8789px; width: 47.1504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Notional </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 208.344px; top: 30.3789px; width: 320.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 8.66018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">   Aft</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 2026</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 149.766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 61.1699px; width: 534.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USD/DKK) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.914px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">348.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKKm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">348.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.0449px; width: 534.275px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">498.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">134.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.4627px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">95.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">268.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.9199px; width: 534.381px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.652px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9,000.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.9199px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">MT</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9,000.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>ave<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e h<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span>ge <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D/D<span class=\"_ _31\"></span>KK <span class=\"_ _31\"></span>cur<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>ncy<span class=\"_ _31\"></span> wa<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>6.<span class=\"_ _31\"></span>8</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>ere<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>ra<span class=\"_ _31\"></span>te <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>1.2<span class=\"_ _31\"></span>9 p<span class=\"_ _31\"></span>.a<span class=\"_ _31\"></span>. p<span class=\"_ _31\"></span>lus<span class=\"_ _31\"></span> ma<span class=\"_ _31\"></span>rg<span class=\"_ _31\"></span>in<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ce <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> h<span class=\"_ _31\"></span>edg<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nst<span class=\"_ _31\"></span>rum<span class=\"_ _31\"></span>en<span class=\"_ _31\"></span>ts <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>USD<span class=\"_ _31\"></span> 3<span class=\"_ _31\"></span>91.<span class=\"_ _31\"></span>0</span><span style=\"display:inherit;clear:left;position:relative;height:106.166015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 471.873px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hedge accounting</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 277.852px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Expected maturity</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 191.266px; top: 16.8789px; width: 47.1504px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Notional </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 208.344px; top: 30.3789px; width: 320.895px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">value</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Unit</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 8.66018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">   Aft</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">er 2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.6699px; width: 149.766px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 61.1699px; width: 534.146px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(USD/DKK) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.914px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">325.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.5332px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">DKKm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">325.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 78.0449px; width: 534.621px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">923.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.56446px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">103.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">172.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 36.0527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">647.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 94.9199px; width: 534.604px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 89.748px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 25.8457px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9,600.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.9142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">MT</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.99804px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 26.6367px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">9,600.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e h<span class=\"_ _31\"></span>edg<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>USD<span class=\"_ _31\"></span>/D<span class=\"_ _31\"></span>KK <span class=\"_ _31\"></span>cur<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>ncy<span class=\"_ _31\"></span> wa<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>6.<span class=\"_ _31\"></span>8</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e i<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>st <span class=\"_ _31\"></span>rat<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>1.4<span class=\"_ _31\"></span>5 p<span class=\"_ _31\"></span>.a<span class=\"_ _31\"></span>. p<span class=\"_ _31\"></span>lus<span class=\"_ _31\"></span> ma<span class=\"_ _31\"></span>rg<span class=\"_ _31\"></span>in.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span>rag<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ce <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> h<span class=\"_ _31\"></span>edg<span class=\"_ _31\"></span>ing<span class=\"_ _31\"></span> i<span class=\"_ _31\"></span>nst<span class=\"_ _31\"></span>rum<span class=\"_ _31\"></span>en<span class=\"_ _31\"></span>ts <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>USD<span class=\"_ _31\"></span> 5<span class=\"_ _31\"></span>39.<span class=\"_ _31\"></span>2</span><span style=\"display:inherit;clear:left;\">TORM only enters into interest derivatives under established ISDA agreements supported with or </span><span style=\"display:inherit;clear:left;\">without credit support annexes with predefined credit thresholds.</span><span style=\"display:inherit;clear:left;\">Cash collateral of USD 5.4m (2024: USD 11.3m, 2023: USD 27.9m) has been provided as security for </span><span style=\"display:inherit;clear:left;\">the agreements relating to derivative financial instruments, which does not meet the offsetting criteria </span><span style=\"display:inherit;clear:left;\">in IAS 32, but which can be offset against the net amount of the derivative asset and derivative liability </span><span style=\"display:inherit;clear:left;\">in case of default, and insolvency, or bankruptcy in accordance with associated collateral </span><span style=\"display:inherit;clear:left;\">arrangements.</span><span style=\"display:inherit;clear:left;\">TORM did not enter into any enforceable netting arrangements.</span><span style=\"display:inherit;clear:left;\">Further details on derivative financial instruments are provided in Notes 24 and 25.</span><span style=\"display:inherit;clear:left;\">The table below shows realized amounts as well as fair value adjustments regarding derivative financial instruments recognized in the income statements and equity in <span class=\"_ _21d\"></span>2025, 2024 and 2023.</span><span style=\"display:inherit;clear:left;position:relative;height:406.125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 1051.71px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 601.586px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Income statement</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 117.463px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Other comprehensive income</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Equity</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 554.609px; top: 16.5039px; width: 25.1719px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Port </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 524.297px; top: 30.0039px; width: 55.4531px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">expenses</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">, </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 756.859px; top: 30.0039px; width: 40.5703px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Admini-</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 832.609px; top: 30.0039px; width: 61.248px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transfer to </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1031.12px; top: 30.0039px; width: 46.7109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Hedging </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509px; top: 43.5039px; width: 70.1016px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">bunkers,</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\"> and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 603.047px; top: 43.5039px; width: 50.3672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 670.859px; top: 43.5039px; width: 55.1836px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Operating </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 754.812px; top: 43.5039px; width: 43.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">strative </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 853.422px; top: 43.5039px; width: 40.8398px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">income </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 931px; top: 43.5039px; width: 53.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Fair value </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1001.53px; top: 43.5039px; width: 76.6816px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">reserves as of </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 57.4199px; width: 31.8281px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 509px; top: 57.0039px; width: 68.5137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">commissio</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -0.455246px; width: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">ns</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 620.109px; top: 57.0039px; width: 29.3438px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">items</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 672.938px; top: 57.0039px; width: 50.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 745.797px; top: 57.0039px; width: 50.502px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">expenses</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 835.75px; top: 57.0039px; width: 55.0137px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">statement</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 919.797px; top: 57.0039px; width: 60.334px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">adjustment</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 1005.23px; top: 57.0039px; width: 70.3359px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">31 December</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 73.8789px; width: 996.316px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 480.281px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 74.25px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 87.1582px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.5705px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 91.1699px; width: 1081.11px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward freight agreements</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 365.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.7873px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 108.045px; width: 1081.42px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 436.732px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.0585px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 124.92px; width: 1081.35px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.307px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.75px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.9 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 141.795px; width: 1080.95px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 409.478px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-12.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6483px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.8 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 158.254px; width: 1080.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 481.519px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-6.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">13.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-13.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6483px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.2384px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 192.004px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 209.295px; width: 1080.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward freight agreements</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 365.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.7873px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.7873px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 226.17px; width: 1081.29px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 436.732px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6483px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 243.045px; width: 1080.98px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.307px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.75px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6483px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 259.92px; width: 1081.28px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 409.478px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-20.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 276.379px; width: 1081.1px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 481.519px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.9159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-19.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.2384px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.18946px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">21.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 310.129px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 327.42px; width: 1080.91px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward freight agreements</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 365.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">23.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 344.295px; width: 1081.22px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 436.732px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.1971px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.8 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 361.17px; width: 1081.1px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Forward exchange contracts</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 361.307px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.75px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6483px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.6483px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 378.045px; width: 1081.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Interest rate swaps</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 409.478px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-22.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 1.71679px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.0096px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 394.504px; width: 1080.97px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 481.519px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.373px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">24.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 43.4648px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 7.18946px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-21.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 65.2384px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 6.80857px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1 </span></span></span><span style=\"display:inherit;clear:left;\">The hedging reserves as of 31 December relates to derivatives used for cash flow hedge for open hedging instruments<span class=\"_ _34\"></span>, only. Certain interest rate swaps fair value change are considered ineffective and is </span><span style=\"display:inherit;clear:left;\">recognized in \"Financial expenses\" in the income statement. Please refer to page <span class=\"fc8\">188</span> for a full overview of the fair value of hedge instruments.</span><span style=\"display:inherit;clear:left;\">Please refer to Note 24 for further information on commercial and financial risks.</span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments and hedge accounting</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments, primarily forward currency exchange contracts, forward freight </span><span style=\"display:inherit;clear:left;\">agreements, interest rate hedges, and forward contracts regarding bunker purchases are entered into </span><span style=\"display:inherit;clear:left;\">to mitigate risks relating to future fluctuations in prices and interest rates, etc. on future committed or </span><span style=\"display:inherit;clear:left;\">anticipated transactions. TORM applies hedge accounting under the specific rules on cash flow hedges, </span><span style=\"display:inherit;clear:left;\">when appropriate, as described below for each type of derivative.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments designated as cash flow hedges and </span><span style=\"display:inherit;clear:left;\">deemed to be effective are recognized directly in \u201cOther comprehensive income\u201d. When the hedged </span><span style=\"display:inherit;clear:left;\">transaction is recognized in the income statement, the cumulative value adjustment recognized in </span><span style=\"display:inherit;clear:left;\">\u201cOther comprehensive income\u201d is transferred to the income statement and included in the same line as </span><span style=\"display:inherit;clear:left;\">the hedged transaction. Portion of the changes in fair value deemed to be ineffective is recognized </span><span style=\"display:inherit;clear:left;\">immediately in the income statement.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments not designated as hedges are recognized in </span><span style=\"display:inherit;clear:left;\">the income statement. While effectively reducing cash flow risk in accordance with the Company\u2019s Risk </span><span style=\"display:inherit;clear:left;\">Management Policy, certain forward freight agreements and forward contracts regarding bunker </span><span style=\"display:inherit;clear:left;\">purchases do not qualify for hedge accounting. Changes in fair value of these derivative financial </span><span style=\"display:inherit;clear:left;\">instruments are therefore recognized in the income statement under \u201cFinancial income\u201d or \u201cFinancial </span><span style=\"display:inherit;clear:left;\">expenses\u201d for interest rate swaps  and under \u201cPort expenses, bunkers and commissions\u201d for forward </span><span style=\"display:inherit;clear:left;\">freight agreements and forward bunker contracts.</span><span style=\"display:inherit;clear:left;\">NOTE 25 \u2013 FINANCIAL INSTRUMENTS</span><span style=\"display:inherit;clear:left;position:relative;height:496.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.516px; top: 0.0039062px; width: 89.5781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Observable input</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 804.656px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.5039px; width: 275.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Categories of financial assets and liabilities (USDm):</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 530.719px; top: 13.5039px; width: 45.0469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(Level 2)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.266px; top: 13.5039px; width: 117.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 770.828px; top: 13.5039px; width: 317.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at amortized cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total carrying value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2539px; width: 928.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 489.75px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5039px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.4</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3789px; width: 1089.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">214.7</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 98.2539px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.7</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.129px; width: 1089.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">163.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.629px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">395.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">406.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.379px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.629px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,003.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,003.1</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.504px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">41.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.254px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">68.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.754px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,112.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,115.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 274.504px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 291.379px; width: 1091.72px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.935px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 308.629px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 325.504px; width: 1088.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">183.9</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 342.379px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 359.254px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 375.754px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">506.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">539.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 400.504px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 417.754px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,226.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.629px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.9</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 451.504px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 468.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">61.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 484.879px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,338.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,340.5</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:252.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 516.5px; top: 0.0039062px; width: 62.2266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Observable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 804.656px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.5039px; width: 275.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Categories of financial assets and liabilities (USDm):</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.078px; top: 13.5039px; width: 75.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">input (Level 2)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.266px; top: 13.5039px; width: 117.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 770.828px; top: 13.5039px; width: 317.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at amortized cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total carrying value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2539px; width: 928.699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.935px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5039px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3789px; width: 1088.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">211.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 98.2539px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">60.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.129px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">295.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.629px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">571.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.379px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.629px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,059.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.504px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">43.1</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.254px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.754px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,148.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,150.9</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Du<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> sh<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span>t m<span class=\"_ _31\"></span>atu<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ty,<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>car<span class=\"_ _31\"></span>ryi<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>va<span class=\"_ _31\"></span>lue<span class=\"_ _31\"></span> is<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>ns<span class=\"_ _31\"></span>ide<span class=\"_ _31\"></span>red<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>o b<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>app<span class=\"_ _31\"></span>rop<span class=\"_ _31\"></span>ria<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span> ex<span class=\"_ _31\"></span>pre<span class=\"_ _31\"></span>ss<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>fai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>al<span class=\"_ _31\"></span>ue<span class=\"_ _69\"></span>.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Se<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>Not<span class=\"_ _31\"></span>e 2<span class=\"_ _31\"></span>0.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>riv<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ive<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>nci<span class=\"_ _31\"></span>al <span class=\"_ _31\"></span>ins<span class=\"_ _31\"></span>tr<span class=\"_ _31\"></span>ume<span class=\"_ _31\"></span>nts<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>pre<span class=\"_ _31\"></span>se<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ba<span class=\"_ _31\"></span>lan<span class=\"_ _31\"></span>ce<span class=\"_ _31\"></span> sh<span class=\"_ _31\"></span>eet<span class=\"_ _31\"></span> l<span class=\"_ _31\"></span>ine<span class=\"_ _31\"></span> \"O<span class=\"_ _31\"></span>the<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>rec<span class=\"_ _31\"></span>eiv<span class=\"_ _31\"></span>ab<span class=\"_ _31\"></span>les<span class=\"_ _31\"></span>\" a<span class=\"_ _31\"></span>nd <span class=\"_ _31\"></span>\"O<span class=\"_ _31\"></span>the<span class=\"_ _31\"></span>r l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es\"</span><span style=\"display:inherit;clear:left;\">NOTE 25<span class=\"ff2\"> </span><span class=\"fs4\">\u2013 continued</span></span><span style=\"display:inherit;clear:left;\">Fair value hierarchy for financial instruments measured at fair value in the balance sh<span class=\"_ _34\"></span>eet</span><span style=\"display:inherit;clear:left;\">Below, please find the fair value hierarchy for financial instruments measured at fair value in the </span><span style=\"display:inherit;clear:left;\">balance sheet. The financial instruments in question are grouped into levels 1 to 3 based on the degree </span><span style=\"display:inherit;clear:left;\">to which the fair value is observable.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Level 2 fair value measurements are those derived from input other than quoted prices included in </span><span style=\"display:inherit;clear:left;\">Level 1 which are observable for the asset or liability, either directly (as prices) or indirectly </span><span style=\"display:inherit;clear:left;\">(derived from prices)</span><span style=\"display:inherit;clear:left;\">Methods and assumptions in determining fair value of financial instruments</span><span style=\"display:inherit;clear:left;\">Derivative part of other receivables and other liabilities</span><span style=\"display:inherit;clear:left;\">The fair value of derivatives in other receivables and other liabilities is measured using accepted </span><span style=\"display:inherit;clear:left;\">valuation methods with input variables such as yield curves, forward curves, spreads, etc. and </span><span style=\"display:inherit;clear:left;\">compared to financial counterparties to ensure acceptable valuations. The valuation methods discount </span><span style=\"display:inherit;clear:left;\">the future fixed and estimated cash flows and valuation of any option elements.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__224": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments and hedge accounting</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments, primarily forward currency exchange contracts, forward freight </span><span style=\"display:inherit;clear:left;\">agreements, interest rate hedges, and forward contracts regarding bunker purchases are entered into </span><span style=\"display:inherit;clear:left;\">to mitigate risks relating to future fluctuations in prices and interest rates, etc. on future committed or </span><span style=\"display:inherit;clear:left;\">anticipated transactions. TORM applies hedge accounting under the specific rules on cash flow hedges, </span><span style=\"display:inherit;clear:left;\">when appropriate, as described below for each type of derivative.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments designated as cash flow hedges and </span><span style=\"display:inherit;clear:left;\">deemed to be effective are recognized directly in \u201cOther comprehensive income\u201d. When the hedged </span><span style=\"display:inherit;clear:left;\">transaction is recognized in the income statement, the cumulative value adjustment recognized in </span><span style=\"display:inherit;clear:left;\">\u201cOther comprehensive income\u201d is transferred to the income statement and included in the same line as </span><span style=\"display:inherit;clear:left;\">the hedged transaction. Portion of the changes in fair value deemed to be ineffective is recognized </span><span style=\"display:inherit;clear:left;\">immediately in the income statement.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments not designated as hedges are recognized in </span><span style=\"display:inherit;clear:left;\">the income statement. While effectively reducing cash flow risk in accordance with the Company\u2019s Risk </span><span style=\"display:inherit;clear:left;\">Management Policy, certain forward freight agreements and forward contracts regarding bunker </span><span style=\"display:inherit;clear:left;\">purchases do not qualify for hedge accounting. Changes in fair value of these derivative financial </span><span style=\"display:inherit;clear:left;\">instruments are therefore recognized in the income statement under \u201cFinancial income\u201d or \u201cFinancial </span><span style=\"display:inherit;clear:left;\">expenses\u201d for interest rate swaps  and under \u201cPort expenses, bunkers and commissions\u201d for forward </span><span style=\"display:inherit;clear:left;\">freight agreements and forward bunker contracts.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__223": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments and hedge accounting</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments, primarily forward currency exchange contracts, forward freight </span><span style=\"display:inherit;clear:left;\">agreements, interest rate hedges, and forward contracts regarding bunker purchases are entered into </span><span style=\"display:inherit;clear:left;\">to mitigate risks relating to future fluctuations in prices and interest rates, etc. on future committed or </span><span style=\"display:inherit;clear:left;\">anticipated transactions. TORM applies hedge accounting under the specific rules on cash flow hedges, </span><span style=\"display:inherit;clear:left;\">when appropriate, as described below for each type of derivative.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments designated as cash flow hedges and </span><span style=\"display:inherit;clear:left;\">deemed to be effective are recognized directly in \u201cOther comprehensive income\u201d. When the hedged </span><span style=\"display:inherit;clear:left;\">transaction is recognized in the income statement, the cumulative value adjustment recognized in </span><span style=\"display:inherit;clear:left;\">\u201cOther comprehensive income\u201d is transferred to the income statement and included in the same line as </span><span style=\"display:inherit;clear:left;\">the hedged transaction. Portion of the changes in fair value deemed to be ineffective is recognized </span><span style=\"display:inherit;clear:left;\">immediately in the income statement.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments not designated as hedges are recognized in </span><span style=\"display:inherit;clear:left;\">the income statement. While effectively reducing cash flow risk in accordance with the Company\u2019s Risk </span><span style=\"display:inherit;clear:left;\">Management Policy, certain forward freight agreements and forward contracts regarding bunker </span><span style=\"display:inherit;clear:left;\">purchases do not qualify for hedge accounting. Changes in fair value of these derivative financial </span><span style=\"display:inherit;clear:left;\">instruments are therefore recognized in the income statement under \u201cFinancial income\u201d or \u201cFinancial </span><span style=\"display:inherit;clear:left;\">expenses\u201d for interest rate swaps  and under \u201cPort expenses, bunkers and commissions\u201d for forward </span><span style=\"display:inherit;clear:left;\">freight agreements and forward bunker contracts.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__222": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments and hedge accounting</span><span style=\"display:inherit;clear:left;\">Derivative financial instruments, primarily forward currency exchange contracts, forward freight </span><span style=\"display:inherit;clear:left;\">agreements, interest rate hedges, and forward contracts regarding bunker purchases are entered into </span><span style=\"display:inherit;clear:left;\">to mitigate risks relating to future fluctuations in prices and interest rates, etc. on future committed or </span><span style=\"display:inherit;clear:left;\">anticipated transactions. TORM applies hedge accounting under the specific rules on cash flow hedges, </span><span style=\"display:inherit;clear:left;\">when appropriate, as described below for each type of derivative.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments designated as cash flow hedges and </span><span style=\"display:inherit;clear:left;\">deemed to be effective are recognized directly in \u201cOther comprehensive income\u201d. When the hedged </span><span style=\"display:inherit;clear:left;\">transaction is recognized in the income statement, the cumulative value adjustment recognized in </span><span style=\"display:inherit;clear:left;\">\u201cOther comprehensive income\u201d is transferred to the income statement and included in the same line as </span><span style=\"display:inherit;clear:left;\">the hedged transaction. Portion of the changes in fair value deemed to be ineffective is recognized </span><span style=\"display:inherit;clear:left;\">immediately in the income statement.</span><span style=\"display:inherit;clear:left;\">Changes in the fair value of derivative financial instruments not designated as hedges are recognized in </span><span style=\"display:inherit;clear:left;\">the income statement. While effectively reducing cash flow risk in accordance with the Company\u2019s Risk </span><span style=\"display:inherit;clear:left;\">Management Policy, certain forward freight agreements and forward contracts regarding bunker </span><span style=\"display:inherit;clear:left;\">purchases do not qualify for hedge accounting. Changes in fair value of these derivative financial </span><span style=\"display:inherit;clear:left;\">instruments are therefore recognized in the income statement under \u201cFinancial income\u201d or \u201cFinancial </span><span style=\"display:inherit;clear:left;\">expenses\u201d for interest rate swaps  and under \u201cPort expenses, bunkers and commissions\u201d for forward </span><span style=\"display:inherit;clear:left;\">freight agreements and forward bunker contracts.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__225": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 24 \u2013 RISKS ASSOCIATED WITH TORM\u2019S ACTIVITIES</span><span style=\"display:inherit;clear:left;\">TORM\u2019s overall risk tolerance and inherited exposure to risks is divided into five main categories:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Emerging risks</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Industry and market risks</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Operational risks</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Compliance and IT risks</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Financial risks</span><span style=\"display:inherit;clear:left;\">The risks described below under each of the five categories are considered to be among the most </span><span style=\"display:inherit;clear:left;\">significant and quantifiable risks for TORM.</span><span style=\"display:inherit;clear:left;\">Emerging Risks</span><span style=\"display:inherit;clear:left;\">Industry-changing risks, such as the substitution of oil for other energy sources and radical changes in </span><span style=\"display:inherit;clear:left;\">transportation patterns, are considered to have a relatively high potential impact but are long-term </span><span style=\"display:inherit;clear:left;\">risks. The Management continues to monitor long-term strategic risks to ensure the earliest possible </span><span style=\"display:inherit;clear:left;\">mitigation of potential risks and develop the necessary capabilities to exploit opportunities created by </span><span style=\"display:inherit;clear:left;\">the same risks.</span><span style=\"display:inherit;clear:left;\">Please refer to the Risk Management section in our Sustainability Statement under E1 Climate Change </span><span style=\"display:inherit;clear:left;\">section on page 64 for a detailed description of emerging risks.</span><span style=\"display:inherit;clear:left;\">Industry and Market Risks</span><span style=\"display:inherit;clear:left;\">Industry and market-related risk factors relate to changes in the markets and in the political, economic, </span><span style=\"display:inherit;clear:left;\">and physical environment which the Management cannot control, such as freight rates and vessel and </span><span style=\"display:inherit;clear:left;\">bunker prices.</span><span style=\"display:inherit;clear:left;\">Freight rate fluctuations</span><span style=\"display:inherit;clear:left;\">TORM\u2019s income is primarily generated from voyages carried out using the Company\u2019s fleet of vessels. </span><span style=\"display:inherit;clear:left;\">As such, TORM is exposed to the considerable volatility which characterizes freight rates for such </span><span style=\"display:inherit;clear:left;\">voyages.</span><span style=\"display:inherit;clear:left;\">It is TORM\u2019s strategy to seek a certain exposure to this risk, as volatility also represents an opportunity </span><span style=\"display:inherit;clear:left;\">because earnings have historically been higher in the day-to-day market compared to time charters. </span><span style=\"display:inherit;clear:left;\">The fluctuations in freight rates for different routes may vary substantially. However, TORM aims to </span><span style=\"display:inherit;clear:left;\">reduce the sensitivity to the volatility of such specific freight rates by actively seeking the optimal </span><span style=\"display:inherit;clear:left;\">geographical positioning of the fleet and by optimizing the services offered to customers. Please refer </span><span style=\"display:inherit;clear:left;\">to Note 12 for details on impairment testing.</span><span style=\"display:inherit;clear:left;\">Tanker freight income is to a certain extent covered against general fluctuations through the use of </span><span style=\"display:inherit;clear:left;\">physical contracts such as cargo contracts and time charter agreements with durations of 6-36 </span><span style=\"display:inherit;clear:left;\">months . In addition, TORM uses derivative financial instruments such as forward freight agreements </span><span style=\"display:inherit;clear:left;\">(FFAs) with coverage of typically 0-24 months ahead, based on market expectations and in accordance </span><span style=\"display:inherit;clear:left;\">with TORM\u2019s risk management policies.</span><span style=\"display:inherit;clear:left;\">During 2025, 6.7% (2024: 8.5%, 2023: 12.6%) of the 31,840 earning days deriving from operating the </span><span style=\"display:inherit;clear:left;\">Company\u2019s tankers were covered in this way. Physical time charter contracts accounted for 80.4% </span><span style=\"display:inherit;clear:left;\">(2024: 65.6%, 2023: 8.5%) of overall coverage. In 2025, the Company sold FFAs with a notional </span><span style=\"display:inherit;clear:left;\">contract value of USD 82.6m (2024: USD 82.6m, 2023: USD 213.9m) and bought FFAs with a notional </span><span style=\"display:inherit;clear:left;\">contract value of USD 86.4m (2024: USD 11.7m, 2023: USD 0.0m). The total notional contract volume </span><span style=\"display:inherit;clear:left;\">sold in 2025 was 2,820,000 metric tons (2024: 2,430,000 metric tons; 2023: 5,400,000 metric tons), </span><span style=\"display:inherit;clear:left;\">and the total notional volume bought was 2,725,000 metric tons (2024: 250,000 metric tons, 2023: 0 </span><span style=\"display:inherit;clear:left;\">metric tons). At the end of 2025, the coverage of available earning days for 2026 was 8.5% through </span><span style=\"display:inherit;clear:left;\">time charters, current spot voyages and cargo contracts (2024: 12.8%, 2023: 11.3%). </span><span style=\"display:inherit;clear:left;\">FFA trade and other freight-related derivatives are subject to specific policies and guidelines approved </span><span style=\"display:inherit;clear:left;\">by the Risk Committee, including trading limits, stop-loss policies, segregation of duties, and other </span><span style=\"display:inherit;clear:left;\">internal control procedures.</span><span style=\"display:inherit;clear:left;\">All things being equal and to the extent the Company\u2019s vessels have not already been chartered out at </span><span style=\"display:inherit;clear:left;\">fixed rates, a freight rate change of USD/day 1,000 would lead to the following changes in profit before </span><span style=\"display:inherit;clear:left;\">tax based on the expected number of earning days for the coming financial year:</span><span style=\"display:inherit;clear:left;\">Sensitivity to changes in freight rates</span><span style=\"display:inherit;clear:left;position:relative;height:61.916015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 231.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Decrease in freight rates of USD/day 1,000:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 526.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in profit/loss before tax for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.2207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-28.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-27.8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 526.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in equity for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-31.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-28.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-27.8</span></span></span><span style=\"display:inherit;clear:left;\">Sales and purchase price fluctuations</span><span style=\"display:inherit;clear:left;\">As an owner of vessels, TORM is exposed to risks associated with changes in the value of the vessels, </span><span style=\"display:inherit;clear:left;\">which can vary considerably during their useful lives. As of 31 December 2025, the carrying value of </span><span style=\"display:inherit;clear:left;\">the fleet was USD 2,792.2m (2024: USD 2,826.7m, 2023: USD 2,070.2m). Based on broker valuations, </span><span style=\"display:inherit;clear:left;\">TORM\u2019s fleet had a market value of USD 3,177.5m as of 31 December 2025 (2024: USD 3,582.9m, </span><span style=\"display:inherit;clear:left;\">2023: USD 3,080.9m).</span><span style=\"display:inherit;clear:left;\">Bunker price fluctuations</span><span style=\"display:inherit;clear:left;\">The cost of fuel oil consumed by the vessels, known in the industry as bunkers, accounted for 63.0% </span><span style=\"display:inherit;clear:left;\">(2024: 69.0% 2023: 66.6%) of the total voyage costs in 2025 and is by far the biggest single cost </span><span style=\"display:inherit;clear:left;\">related to a voyage.</span><span style=\"display:inherit;clear:left;\">TORM is exposed to fluctuations in bunker prices which are not reflected in the freight rates achieved </span><span style=\"display:inherit;clear:left;\">by TORM. To reduce this exposure, TORM hedges the bunker exposure with oil product instruments to </span><span style=\"display:inherit;clear:left;\">the extent bunker element in the freight rates achieved is considered fixed.</span><span style=\"display:inherit;clear:left;\">Bunker trade is subject to specific risk policies and guidelines approved by the Risk Committee </span><span style=\"display:inherit;clear:left;\">including trading limits, stop-loss, stop-gain and stop-at-zero policies, segregation of duties and other </span><span style=\"display:inherit;clear:left;\">internal control procedures</span><span style=\"display:inherit;clear:left;\">TORM only hedges bunker exposure whenever the freight is fixed beyond one month. In <span class=\"_ _34\"></span>2025, 1.0% </span><span style=\"display:inherit;clear:left;\">(2024: 6.0%, 2023: 17.7%) of TORM\u2019s total bunker purchase was hedged through bunker hedging </span><span style=\"display:inherit;clear:left;\">contracts. At the end of 2025, TORM had covered 1% (2024: 7%, 2023: 5%) of its bunker requirements </span><span style=\"display:inherit;clear:left;\">for 2026. The total bunker exposure is estimated to be approximately 480,916 metric tons. </span><span style=\"display:inherit;clear:left;\">All things being equal, a price change of 10% per ton of bunker oil (without subsequent changes in </span><span style=\"display:inherit;clear:left;\">freight rates) would lead to the following changes in expenditure based on the expected bunker </span><span style=\"display:inherit;clear:left;\">consumption in the spot market:</span><span style=\"display:inherit;clear:left;\">Sensitivity to changes in the bunker price</span><span style=\"display:inherit;clear:left;position:relative;height:62.619140625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 33.9492px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff2; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 352.562px; top: 0.332031px; width: 174.176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.207px; width: 236.848px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Increase in the bunker prices of 10% per ton:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.498px; width: 526.166px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in profit/loss before tax for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.2207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-23.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-22.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-25.9</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.373px; width: 526.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in equity for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-23.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-22.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 46.125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-25.9</span></span></span><span style=\"display:inherit;clear:left;\">Operational Risks</span><span style=\"display:inherit;clear:left;\">Operational risks are risks associated with the ongoing operations of the business and include risks </span><span style=\"display:inherit;clear:left;\">such as the safe operation of vessels, the availability of experienced seafarers and staff, terrorism, </span><span style=\"display:inherit;clear:left;\">piracy as well as insurance and counterparty risk.</span><span style=\"display:inherit;clear:left;\">Insurance Coverage</span><span style=\"display:inherit;clear:left;\">During the fleet\u2019s operation, various casualties, accidents, and other incidents may occur which may </span><span style=\"display:inherit;clear:left;\">result in financial losses for TORM. For example national and international rules, regulations, and </span><span style=\"display:inherit;clear:left;\">conventions could mean that TORM may incur substantial liabilities if a vessel is involved in an oil spill </span><span style=\"display:inherit;clear:left;\">or emission of other environmentally hazardous agents.</span><span style=\"display:inherit;clear:left;\">To reduce the exposure to these risks, the fleet is insured against such risks to the extent possible. The </span><span style=\"display:inherit;clear:left;\">total insurance program comprises a broad cover of risks in relation to the operation of vessels and </span><span style=\"display:inherit;clear:left;\">transportation of cargo, including personal injury, environmental damage and pollution, cargo damage, </span><span style=\"display:inherit;clear:left;\">third-party casualty and liability, hull and machinery damage, total loss, and war. All TORM\u2019s owned </span><span style=\"display:inherit;clear:left;\">vessels are insured for an amount corresponding to their market value plus a margin to cover any </span><span style=\"display:inherit;clear:left;\">fluctuations. Liability risks are covered in line with international standards. It is TORM\u2019s policy to </span><span style=\"display:inherit;clear:left;\">cooperate with financially sound international insurance companies with a credit rating of BBB or </span><span style=\"display:inherit;clear:left;\">better, presently some 14-16 companies along with three P&amp;I clubs, to diversify risk. The P&amp;I clubs are </span><span style=\"display:inherit;clear:left;\">members of the internationally recognized collaboration, International Group of P&amp;I clubs, and <span class=\"_ _34\"></span>TORM\u2019s </span><span style=\"display:inherit;clear:left;\">vessels are each insured for the maximum amount available in the P&amp;I system. At the end of 2025, the </span><span style=\"display:inherit;clear:left;\">aggregate insured value of hull and machinery and interest for TORM\u2019s owned vessels amounted to  </span><span style=\"display:inherit;clear:left;\">USD 3,400.0m (2024: USD 4,318.5m 2023: USD 2,340.0m).</span><span style=\"display:inherit;clear:left;\">Counterparty Risk</span><span style=\"display:inherit;clear:left;\">Counterparty risk is an ever-present challenge demanding close monitoring to manage and decide on </span><span style=\"display:inherit;clear:left;\">actions to minimize possible losses. The maximum counterparty risk associated is equal to the values </span><span style=\"display:inherit;clear:left;\">recognized in the balance sheet. A consequential effect of the counterparty risk is loss of income in </span><span style=\"display:inherit;clear:left;\">future periods, e.g. counterparties not being able to fulfill their responsibilities under a time charter, a </span><span style=\"display:inherit;clear:left;\">contract of affreightment, or an option. The main risk is the difference between the fixed rates under a </span><span style=\"display:inherit;clear:left;\">time charter or a contract of affreightment and the market rates prevailing upon default. This </span><span style=\"display:inherit;clear:left;\">characterizes the method for identifying the market value of a derivative instrument.</span><span style=\"display:inherit;clear:left;\">TORM has a close focus on its risk policies and procedures to ensure that risks managed in the day-to-</span><span style=\"display:inherit;clear:left;\">day business are kept at agreed levels, and that changes in the risk situation are brought to the </span><span style=\"display:inherit;clear:left;\">Management\u2019s attention.</span><span style=\"display:inherit;clear:left;\">TORM\u2019s counterparty risks are primarily associated with:</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Receivables, cash and cash equivalents, including restricted cash</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Contracts of affreightment with a positive fair value</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Derivative financial instruments and commodity instruments with a positive fair value</span><span style=\"display:inherit;clear:left;\">Receivables, cash, and cash equivalents, including restricted cash</span><span style=\"display:inherit;clear:left;\">The majority of TORM\u2019s customers are companies operating in the oil industry. It has been assessed </span><span style=\"display:inherit;clear:left;\">that these companies are, to a great extent, subject to the same risk factors as those identified for </span><span style=\"display:inherit;clear:left;\">TORM.</span><span style=\"display:inherit;clear:left;\">A major part of TORM\u2019s freight revenues stem from a small group of customers. In 2025, one customer </span><span style=\"display:inherit;clear:left;\">accounted for 8% of TORM\u2019s freight revenues (2024: one accounted for 8%, 2023: one accounted for </span><span style=\"display:inherit;clear:left;\">8%). The concentration of earnings on a few customers requires extra attention to credit risk. TORM </span><span style=\"display:inherit;clear:left;\">has a Credit Policy under which continued credit evaluations of new and existing customers take place. </span><span style=\"display:inherit;clear:left;\">For long-standing customers, payment of freight normally takes place after a vessel\u2019s cargo has been </span><span style=\"display:inherit;clear:left;\">discharged. For new and smaller customers, TORM\u2019s credit risk is limited as freight is usually paid prior </span><span style=\"display:inherit;clear:left;\">to the cargo\u2019s discharge, or, alternatively, a suitable bank guarantee is placed in lieu thereof.</span><span style=\"display:inherit;clear:left;\">Because of the payment patterns mentioned above, TORM\u2019s receivables primarily consist of </span><span style=\"display:inherit;clear:left;\">receivables from voyages in progress at year-end and outstanding demurrage. For the past five years, </span><span style=\"display:inherit;clear:left;\">TORM has not experienced any significant losses in respect of charter payments or any other freight </span><span style=\"display:inherit;clear:left;\">agreements. With regard to the collection of original demurrage claims, TORM\u2019s average stands at </span><span style=\"display:inherit;clear:left;\">96.0% (2024: 98.4%, 2023: 98.6%), which is considered to be satisfactory given the differences in </span><span style=\"display:inherit;clear:left;\">interpretation of events. In 2025, demurrage represented 12% (2024: 13.0%, 2023: 16.0%) of the total </span><span style=\"display:inherit;clear:left;\">freight revenues. Please refer to Note 1 for more details on recognition of demurrage claims into </span><span style=\"display:inherit;clear:left;\">revenue.</span><span style=\"display:inherit;clear:left;\">Excess liquidity is placed on deposit accounts with major banks with strong and acceptable credit </span><span style=\"display:inherit;clear:left;\">ratings or invested in secure papers such as American or Danish government bonds, or triple AAA-rated </span><span style=\"display:inherit;clear:left;\">money market funds. Cash is invested with the aim of getting the highest possible yield, while </span><span style=\"display:inherit;clear:left;\">maintaining a low counterparty risk, and having adequate liquidity reserves for possible investment </span><span style=\"display:inherit;clear:left;\">opportunities or to withstand a sudden drop in freight rates.</span><span style=\"display:inherit;clear:left;\">Derivative Financial Instruments and Commodity Instruments</span><span style=\"display:inherit;clear:left;\">In 2025, 100% (2024: 100%, 2023: 100%) of TORM\u2019s forward freight agreements (FFAs) were traded </span><span style=\"display:inherit;clear:left;\">via clearing houses or over-the-counter (OTC). Trade via clearing houses effectively reduces </span><span style=\"display:inherit;clear:left;\">counterparty credit risk by daily clearing of balance and OTC trades are only done with investment </span><span style=\"display:inherit;clear:left;\">grade counterparties. Over-the-counter fuel swaps have restrictively been entered into with major oil </span><span style=\"display:inherit;clear:left;\">companies, banks, or highly reputed partners with a satisfactory credit rating. TORM also trades FX and </span><span style=\"display:inherit;clear:left;\">interest derivatives. All such derivatives were entered into with investment grade counterparties.</span><span style=\"display:inherit;clear:left;\">Financial risks</span><span style=\"display:inherit;clear:left;\">Financial risks relate to TORM\u2019s financial position, financing, and cash flows generated by the business, </span><span style=\"display:inherit;clear:left;\">including foreign exchange risk and interest rate risk. TORM\u2019s liquidity and capital resources are </span><span style=\"display:inherit;clear:left;\">described in Note 2.</span><span style=\"display:inherit;clear:left;\">Foreign Exchange Risk</span><span style=\"display:inherit;clear:left;\">TORM uses USD as its functional currency because most of the Company\u2019s transactions are </span><span style=\"display:inherit;clear:left;\">denominated in USD. The foreign exchange risk is thereby limited to cash flows not denominated in </span><span style=\"display:inherit;clear:left;\">USD. The primary risk relates to transactions denominated in DKK, EUR, and SGD and relates to </span><span style=\"display:inherit;clear:left;\">administrative and operating expenses.</span><span style=\"display:inherit;clear:left;\">The part of TORM\u2019s expenses denominated in currencies other than USD accounts for approximately </span><span style=\"display:inherit;clear:left;\">61.2% (2024: 57.8%, 2023: 60.2%) for administrative expenses and approximately 20.1% (2024: </span><span style=\"display:inherit;clear:left;\">19.9%, 2023: 21.6%) for operating expenses. TORM\u2019s expected administrative and operating expenses </span><span style=\"display:inherit;clear:left;\">in DKK and EUR for 2026 are approximately DKK 502.6m, whereof 67.9% (2024: 69.1%, 2023: 68.3%) </span><span style=\"display:inherit;clear:left;\">are hedged through FX forward contracts. All FX forward contracts have maturity within 2026, and </span><span style=\"display:inherit;clear:left;\">TORM\u2019s average hedge USD/DKK currency rate is 6.41. FX exposure is hedged in its entirety for all </span><span style=\"display:inherit;clear:left;\">risks.</span><span style=\"display:inherit;clear:left;\">TORM assumes identical currency risks arising from exposures in DKK and EUR. </span><span style=\"display:inherit;clear:left;\">Sensitivity to Changes in the USD/DKK and USD/EUR Exchange Rate</span><span style=\"display:inherit;clear:left;\">All things being equal, a change in the USD/DKK and the USD/EUR exchange rates of 10% would result </span><span style=\"display:inherit;clear:left;\">in a change in profit/loss before tax and equity as follows:</span><span style=\"display:inherit;clear:left;position:relative;height:61.916015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 220.02px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of a 10% increase of DKK and EUR:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 526.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in profit/loss before tax for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 526.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in equity for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.537px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.2</span></span></span><span style=\"display:inherit;clear:left;\">Interest rate risk </span><span style=\"display:inherit;clear:left;\">TORM\u2019s interest rate risk generally relates to interest-bearing borrowings. All TORM\u2019s loans for </span><span style=\"display:inherit;clear:left;\">financing vessels are denominated in USD. Please refer to Note 19 for additional information on </span><span style=\"display:inherit;clear:left;\">borrowings. At the end of 2025, TORM had fixed 74.1% (2024: 82.7%, 2023: 86.9%) of the debt then </span><span style=\"display:inherit;clear:left;\">outstanding with interest rate swaps, fixed rate leasing debt and senior unsecured bond corresponding </span><span style=\"display:inherit;clear:left;\">to an amount of USD 742.8m. USD 414.2m of this amount is hedged at an interest rate of 2.76% plus </span><span style=\"display:inherit;clear:left;\">margin with interest rate swaps with maturity in the period 2026-2030.</span><span style=\"display:inherit;clear:left;\">Sensitivity to Changes in Interest Rates</span><span style=\"display:inherit;clear:left;\">All things being equal, a change in the interest rate level of 1%-point would result in a change in the </span><span style=\"display:inherit;clear:left;\">interest rate expenses as follows:</span><span style=\"display:inherit;clear:left;position:relative;height:61.916015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2026</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 245.197px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Effect of a 1%-point increase in interest rates:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 526.277px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in profit/loss before tax for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 78.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.6699px; width: 526.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Changes in equity for the following year</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 159.762px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 56.9239px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 50.5781px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.4</span></span></span><span style=\"display:inherit;clear:left;\">Liquidity risk </span><span style=\"display:inherit;clear:left;\">TORM\u2019s strategy is to ensure continuous access to funding sources by maintaining a robust capital </span><span style=\"display:inherit;clear:left;\">structure and a close relationship with several financial partners. As of 31 December 2025, TORM\u2019s loan </span><span style=\"display:inherit;clear:left;\">portfolio was spread across 14 different banks.</span><span style=\"display:inherit;clear:left;\">As of 31 December 2025, TORM maintains a liquidity reserve of USD 163.5m in cash and cash </span><span style=\"display:inherit;clear:left;\">equivalents, including restricted cash, combined with USD 398.8m in undrawn and committed credit </span><span style=\"display:inherit;clear:left;\">facilities. Cash is only placed in banks or Money Market Funds with an investment grade rating. For </span><span style=\"display:inherit;clear:left;\">further information on contractual obligations, including a maturity analysis, please refer to Note <span class=\"_ _34\"></span>22.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__226": {
   "value": "<span style=\"display:inherit;clear:left;\">Insurance Coverage</span><span style=\"display:inherit;clear:left;\">During the fleet\u2019s operation, various casualties, accidents, and other incidents may occur which may </span><span style=\"display:inherit;clear:left;\">result in financial losses for TORM. For example national and international rules, regulations, and </span><span style=\"display:inherit;clear:left;\">conventions could mean that TORM may incur substantial liabilities if a vessel is involved in an oil spill </span><span style=\"display:inherit;clear:left;\">or emission of other environmentally hazardous agents.</span><span style=\"display:inherit;clear:left;\">To reduce the exposure to these risks, the fleet is insured against such risks to the extent possible. The </span><span style=\"display:inherit;clear:left;\">total insurance program comprises a broad cover of risks in relation to the operation of vessels and </span><span style=\"display:inherit;clear:left;\">transportation of cargo, including personal injury, environmental damage and pollution, cargo damage, </span><span style=\"display:inherit;clear:left;\">third-party casualty and liability, hull and machinery damage, total loss, and war. All TORM\u2019s owned </span><span style=\"display:inherit;clear:left;\">vessels are insured for an amount corresponding to their market value plus a margin to cover any </span><span style=\"display:inherit;clear:left;\">fluctuations. Liability risks are covered in line with international standards. It is TORM\u2019s policy to </span><span style=\"display:inherit;clear:left;\">cooperate with financially sound international insurance companies with a credit rating of BBB or </span><span style=\"display:inherit;clear:left;\">better, presently some 14-16 companies along with three P&amp;I clubs, to diversify risk. The P&amp;I clubs are </span><span style=\"display:inherit;clear:left;\">members of the internationally recognized collaboration, International Group of P&amp;I clubs, and <span class=\"_ _34\"></span>TORM\u2019s </span><span style=\"display:inherit;clear:left;\">vessels are each insured for the maximum amount available in the P&amp;I system. At the end of 2025, the </span><span style=\"display:inherit;clear:left;\">aggregate insured value of hull and machinery and interest for TORM\u2019s owned vessels amounted to  </span><span style=\"display:inherit;clear:left;\">USD 3,400.0m (2024: USD 4,318.5m 2023: USD 2,340.0m).</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfInsuranceContractsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__228": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 25 \u2013 FINANCIAL INSTRUMENTS</span><span style=\"display:inherit;clear:left;position:relative;height:496.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 486.516px; top: 0.0039062px; width: 89.5781px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Observable input</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 804.656px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.5039px; width: 275.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Categories of financial assets and liabilities (USDm):</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 530.719px; top: 13.5039px; width: 45.0469px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">(Level 2)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.266px; top: 13.5039px; width: 117.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 770.828px; top: 13.5039px; width: 317.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at amortized cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total carrying value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2539px; width: 928.635px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 489.75px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 4.9629px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5039px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.4</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3789px; width: 1089.18px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">214.7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">214.7</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 98.2539px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">12.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">23.7</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.129px; width: 1089.36px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 140.373px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">163.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.629px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">10.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">395.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">406.3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.379px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.629px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,003.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,003.1</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.504px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">41.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">41.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.254px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">64.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">68.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.754px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,112.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,115.7</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 274.504px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2024</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 291.379px; width: 1091.72px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.935px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 308.629px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 325.504px; width: 1088.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">183.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">183.9</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 342.379px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">26.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">59.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 359.254px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">291.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 375.754px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">33.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">506.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">539.2</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 400.504px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 417.754px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,226.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,226.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 434.629px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2.9</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 451.504px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">50.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 468.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">58.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">61.3</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 484.879px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,338.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,340.5</span></span></span><span style=\"display:inherit;clear:left;position:relative;height:252.375px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 516.5px; top: 0.0039062px; width: 62.2266px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Observable </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 632.016px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 804.656px; top: 0.0039062px; width: 117.035px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial instruments </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 13.5039px; width: 275.109px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Categories of financial assets and liabilities (USDm):</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 501.078px; top: 13.5039px; width: 75.0176px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">input (Level 2)</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 630.266px; top: 13.5039px; width: 117.059px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at fair value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 770.828px; top: 13.5039px; width: 317.977px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">measured at amortized cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Total carrying value</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 30.3789px; width: 28.2188px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2023</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 47.2539px; width: 928.699px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial assets</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 326.935px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 64.5039px; width: 1089px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Loan receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 476.186px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">4.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 81.3789px; width: 1088.74px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade receivables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.54px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.293px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">211.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">211.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 98.2539px; width: 1088.87px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other receivables\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 456.607px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">22.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">60.5</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 115.129px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 292.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.871px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 141.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">295.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 131.629px; width: 1088.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 524.899px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">37.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">534.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 139.928px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">571.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 156.379px; width: 1091.62px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Financial liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 315.053px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 167.842px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 331.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 173.629px; width: 1088.7px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Borrowings\u00b9\u207e\u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 497.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,059.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 129.574px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">1,059.6</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 190.504px; width: 1088.67px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other non-current liabilities</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 427.001px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">3.0</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 207.379px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Trade payables\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 483.24px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 162.258px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.588px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">43.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">43.1</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 224.254px; width: 1089.05px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Other liabilities\u00b9\u207e\u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 471.142px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 155.109px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 148.172px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">42.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 147.135px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">45.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 240.754px; width: 1088.9px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Total</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 531.949px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,148.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1,150.9</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Du<span class=\"_ _31\"></span>e t<span class=\"_ _31\"></span>o <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> sh<span class=\"_ _31\"></span>or<span class=\"_ _31\"></span>t m<span class=\"_ _31\"></span>atu<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ty,<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>car<span class=\"_ _31\"></span>ryi<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>va<span class=\"_ _31\"></span>lue<span class=\"_ _31\"></span> is<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>ns<span class=\"_ _31\"></span>ide<span class=\"_ _31\"></span>red<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>o b<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>app<span class=\"_ _31\"></span>rop<span class=\"_ _31\"></span>ria<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span> ex<span class=\"_ _31\"></span>pre<span class=\"_ _31\"></span>ss<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> of<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>fai<span class=\"_ _31\"></span>r v<span class=\"_ _31\"></span>al<span class=\"_ _31\"></span>ue<span class=\"_ _69\"></span>.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> Se<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>Not<span class=\"_ _31\"></span>e 2<span class=\"_ _31\"></span>0.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>riv<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ive<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>na<span class=\"_ _31\"></span>nci<span class=\"_ _31\"></span>al <span class=\"_ _31\"></span>ins<span class=\"_ _31\"></span>tr<span class=\"_ _31\"></span>ume<span class=\"_ _31\"></span>nts<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>pre<span class=\"_ _31\"></span>se<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> ba<span class=\"_ _31\"></span>lan<span class=\"_ _31\"></span>ce<span class=\"_ _31\"></span> sh<span class=\"_ _31\"></span>eet<span class=\"_ _31\"></span> l<span class=\"_ _31\"></span>ine<span class=\"_ _31\"></span> \"O<span class=\"_ _31\"></span>the<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>rec<span class=\"_ _31\"></span>eiv<span class=\"_ _31\"></span>ab<span class=\"_ _31\"></span>les<span class=\"_ _31\"></span>\" a<span class=\"_ _31\"></span>nd <span class=\"_ _31\"></span>\"O<span class=\"_ _31\"></span>the<span class=\"_ _31\"></span>r l<span class=\"_ _31\"></span>ia<span class=\"_ _31\"></span>bil<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es\"</span><span style=\"display:inherit;clear:left;\">NOTE 25<span class=\"ff2\"> </span><span class=\"fs4\">\u2013 continued</span></span><span style=\"display:inherit;clear:left;\">Fair value hierarchy for financial instruments measured at fair value in the balance sh<span class=\"_ _34\"></span>eet</span><span style=\"display:inherit;clear:left;\">Below, please find the fair value hierarchy for financial instruments measured at fair value in the </span><span style=\"display:inherit;clear:left;\">balance sheet. The financial instruments in question are grouped into levels 1 to 3 based on the degree </span><span style=\"display:inherit;clear:left;\">to which the fair value is observable.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Level 2 fair value measurements are those derived from input other than quoted prices included in </span><span style=\"display:inherit;clear:left;\">Level 1 which are observable for the asset or liability, either directly (as prices) or indirectly </span><span style=\"display:inherit;clear:left;\">(derived from prices)</span><span style=\"display:inherit;clear:left;\">Methods and assumptions in determining fair value of financial instruments</span><span style=\"display:inherit;clear:left;\">Derivative part of other receivables and other liabilities</span><span style=\"display:inherit;clear:left;\">The fair value of derivatives in other receivables and other liabilities is measured using accepted </span><span style=\"display:inherit;clear:left;\">valuation methods with input variables such as yield curves, forward curves, spreads, etc. and </span><span style=\"display:inherit;clear:left;\">compared to financial counterparties to ensure acceptable valuations. The valuation methods discount </span><span style=\"display:inherit;clear:left;\">the future fixed and estimated cash flows and valuation of any option elements.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__231": {
   "value": "<span style=\"display:inherit;clear:left;\">Fair value hierarchy for financial instruments measured at fair value in the balance sh<span class=\"_ _34\"></span>eet</span><span style=\"display:inherit;clear:left;\">Below, please find the fair value hierarchy for financial instruments measured at fair value in the </span><span style=\"display:inherit;clear:left;\">balance sheet. The financial instruments in question are grouped into levels 1 to 3 based on the degree </span><span style=\"display:inherit;clear:left;\">to which the fair value is observable.</span><span style=\"display:inherit;clear:left;\">\u2022<span class=\"_ _84\"> </span>Level 2 fair value measurements are those derived from input other than quoted prices included in </span><span style=\"display:inherit;clear:left;\">Level 1 which are observable for the asset or liability, either directly (as prices) or indirectly </span><span style=\"display:inherit;clear:left;\">(derived from prices)</span><span style=\"display:inherit;clear:left;\">Methods and assumptions in determining fair value of financial instruments</span><span style=\"display:inherit;clear:left;\">Derivative part of other receivables and other liabilities</span><span style=\"display:inherit;clear:left;\">The fair value of derivatives in other receivables and other liabilities is measured using accepted </span><span style=\"display:inherit;clear:left;\">valuation methods with input variables such as yield curves, forward curves, spreads, etc. and </span><span style=\"display:inherit;clear:left;\">compared to financial counterparties to ensure acceptable valuations. The valuation methods discount </span><span style=\"display:inherit;clear:left;\">the future fixed and estimated cash flows and valuation of any option elements.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__232": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 26 \u2013 RELATED PARTY TRANSACTIONS<span class=\"ff2\">  </span></span><span style=\"display:inherit;clear:left;\">As of 31 December 2025TORM\u2019s ultimate controlling party is Brookfield Oaktree Holdings, LLC, a </span><span style=\"display:inherit;clear:left;\">limited liability company incorporated in the USA. The immediate controlling shareholder is OCM Njord </span><span style=\"display:inherit;clear:left;\">Holdings S.\u00e1.r.l. (Njord Luxco).</span><span style=\"display:inherit;clear:left;\">After the end of the year, subsequent changes were made to the B- and C-shares. Refer to Note 2 for </span><span style=\"display:inherit;clear:left;\">description of subsequent events.</span><span style=\"display:inherit;clear:left;\">Shareholders' contribution and dividends paid are disclosed in the consolidated statement of changes </span><span style=\"display:inherit;clear:left;\">in equity. Dividends to related parties are paid out based on the related parties\u2019 ownership of shares. </span><span style=\"display:inherit;clear:left;\">The remuneration of key management personnel, which consists of the Board of Directors, Executive </span><span style=\"display:inherit;clear:left;\">Director and the Senior Management Team, is disclosed in Note 5.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__234": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 27 \u2013 ASSETS HELD FOR SALE AND NON-CURRENT ASSETS SOLD DURING THE <span class=\"_ _34\"></span>YEAR</span><span style=\"display:inherit;clear:left;position:relative;height:313.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 312.328px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 103.928px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets held for sale</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 522.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of vessels held for sale end of period</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 523.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.105px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0039px; width: 179.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and delivered during the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2949px; width: 523.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.855px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.17px; width: 522.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessel sales price (CF) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.176px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">128.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">84.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">169.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.045px; width: 523.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount of vessels and capitalized dry-docking</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.256px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-102.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-47.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-111.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.92px; width: 522.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker and lube oil cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.744px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 523.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transaction costs (CF) \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.1</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.254px; width: 523.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit on sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 278.549px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 201.004px; width: 228.545px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold last year and delivered during the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 218.295px; width: 523.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 269.572px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 235.17px; width: 523.02px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessel sales price (CF) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 252.045px; width: 523.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount of assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.227px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-47.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.92px; width: 523.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker and lube oil cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.516px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.795px; width: 522.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transaction costs (CF) \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 302.254px; width: 522.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit on sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 294.123px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s s<span class=\"_ _31\"></span>ale<span class=\"_ _31\"></span>s p<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ce <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>one<span class=\"_ _31\"></span> ve<span class=\"_ _31\"></span>ss<span class=\"_ _31\"></span>el <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 1<span class=\"_ _31\"></span>8.<span class=\"_ _31\"></span>9m <span class=\"_ _31\"></span>at <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>be<span class=\"_ _31\"></span>r 2<span class=\"_ _31\"></span>024<span class=\"_ _31\"></span>, <span class=\"_ _31\"></span>whe<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>ca<span class=\"_ _31\"></span>sh <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>ll<span class=\"_ _31\"></span>ect<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s t<span class=\"_ _31\"></span>ran<span class=\"_ _31\"></span>sac<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>on <span class=\"_ _31\"></span>cos<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> fo<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>on<span class=\"_ _31\"></span>e v<span class=\"_ _31\"></span>ess<span class=\"_ _31\"></span>el<span class=\"_ _31\"></span> sa<span class=\"_ _31\"></span>le <span class=\"_ _31\"></span>of<span class=\"_ _31\"></span> US<span class=\"_ _31\"></span>D <span class=\"_ _31\"></span>0.5<span class=\"_ _31\"></span>m <span class=\"_ _31\"></span>at <span class=\"_ _31\"></span>31 <span class=\"_ _31\"></span>De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>ber<span class=\"_ _31\"></span> 20<span class=\"_ _31\"></span>24<span class=\"_ _31\"></span>, w<span class=\"_ _31\"></span>hic<span class=\"_ _31\"></span>h <span class=\"_ _31\"></span>wer<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>ai<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n 2<span class=\"_ _31\"></span>025<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">CF<span class=\"_ _31\"></span>: I<span class=\"_ _31\"></span>ncl<span class=\"_ _31\"></span>ud<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>Sal<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>tan<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>ble<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>xed<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts <span class=\"_ _31\"></span>in<span class=\"_ _31\"></span> Co<span class=\"_ _31\"></span>nso<span class=\"_ _31\"></span>lid<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>Cas<span class=\"_ _31\"></span>h <span class=\"_ _31\"></span>Flo<span class=\"_ _31\"></span>w S<span class=\"_ _31\"></span>tat<span class=\"_ _31\"></span>em<span class=\"_ _31\"></span>ent</span><span style=\"display:inherit;clear:left;\">Ve<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ls <span class=\"_ _31\"></span>so<span class=\"_ _31\"></span>ld <span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>tr<span class=\"_ _31\"></span>ans<span class=\"_ _31\"></span>fer<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>d t<span class=\"_ _31\"></span>o a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> he<span class=\"_ _31\"></span>ld <span class=\"_ _31\"></span>fo<span class=\"_ _31\"></span>r s<span class=\"_ _31\"></span>ale<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>ela<span class=\"_ _31\"></span>te <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e T<span class=\"_ _31\"></span>ank<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span> se<span class=\"_ _31\"></span>gme<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__233": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 27 \u2013 ASSETS HELD FOR SALE AND NON-CURRENT ASSETS SOLD DURING THE <span class=\"_ _34\"></span>YEAR</span><span style=\"display:inherit;clear:left;position:relative;height:313.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 522.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 312.328px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 47.0216px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 103.928px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Assets held for sale</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.7949px; width: 522.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of vessels held for sale end of period</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 134.238px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 50.2539px; width: 523.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 261.105px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">24.4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">47.2</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 75.0039px; width: 179.689px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold and delivered during the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 92.2949px; width: 523.201px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.855px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.6659px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">8</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 109.17px; width: 522.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessel sales price (CF) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 219.176px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">128.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">84.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.6739px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">169.5</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 126.045px; width: 523.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount of vessels and capitalized dry-docking</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 53.256px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-102.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-47.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-111.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 142.92px; width: 522.855px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker and lube oil cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 228.744px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.5</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-4.6</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 159.795px; width: 523.031px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transaction costs (CF) \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 226.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.8</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-1.6</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-3.1</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 176.254px; width: 523.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit on sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 278.549px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">34.1</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.3982px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">50.4</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 201.004px; width: 228.545px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sold last year and delivered during the year</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 218.295px; width: 523.33px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Number of vessels</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 269.572px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 68.0216px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 235.17px; width: 523.02px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Vessel sales price (CF) \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.012px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.875px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">67.3</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 252.045px; width: 523.307px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Carrying amount of assets held for sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 161.227px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-47.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 268.92px; width: 523.301px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Bunker and lube oil cost</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 240.516px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-2.0</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 67.4062px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 285.795px; width: 522.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Transaction costs (CF) \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.9</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 302.254px; width: 522.908px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Profit on sale</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 294.123px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 51.0232px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">17.2</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.6915px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">\u2014</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s s<span class=\"_ _31\"></span>ale<span class=\"_ _31\"></span>s p<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>ce <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>one<span class=\"_ _31\"></span> ve<span class=\"_ _31\"></span>ss<span class=\"_ _31\"></span>el <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>US<span class=\"_ _31\"></span>D 1<span class=\"_ _31\"></span>8.<span class=\"_ _31\"></span>9m <span class=\"_ _31\"></span>at <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>be<span class=\"_ _31\"></span>r 2<span class=\"_ _31\"></span>024<span class=\"_ _31\"></span>, <span class=\"_ _31\"></span>whe<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>ca<span class=\"_ _31\"></span>sh <span class=\"_ _31\"></span>was<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>ll<span class=\"_ _31\"></span>ect<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>20<span class=\"_ _31\"></span>25.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>clu<span class=\"_ _31\"></span>de<span class=\"_ _31\"></span>s t<span class=\"_ _31\"></span>ran<span class=\"_ _31\"></span>sac<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>on <span class=\"_ _31\"></span>cos<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> fo<span class=\"_ _31\"></span>r <span class=\"_ _31\"></span>on<span class=\"_ _31\"></span>e v<span class=\"_ _31\"></span>ess<span class=\"_ _31\"></span>el<span class=\"_ _31\"></span> sa<span class=\"_ _31\"></span>le <span class=\"_ _31\"></span>of<span class=\"_ _31\"></span> US<span class=\"_ _31\"></span>D <span class=\"_ _31\"></span>0.5<span class=\"_ _31\"></span>m <span class=\"_ _31\"></span>at <span class=\"_ _31\"></span>31 <span class=\"_ _31\"></span>De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>ber<span class=\"_ _31\"></span> 20<span class=\"_ _31\"></span>24<span class=\"_ _31\"></span>, w<span class=\"_ _31\"></span>hic<span class=\"_ _31\"></span>h <span class=\"_ _31\"></span>wer<span class=\"_ _31\"></span>e p<span class=\"_ _31\"></span>ai<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n 2<span class=\"_ _31\"></span>025<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">CF<span class=\"_ _31\"></span>: I<span class=\"_ _31\"></span>ncl<span class=\"_ _31\"></span>ud<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>in <span class=\"_ _31\"></span>Sal<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>tan<span class=\"_ _31\"></span>gi<span class=\"_ _31\"></span>ble<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>xed<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts <span class=\"_ _31\"></span>in<span class=\"_ _31\"></span> Co<span class=\"_ _31\"></span>nso<span class=\"_ _31\"></span>lid<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>Cas<span class=\"_ _31\"></span>h <span class=\"_ _31\"></span>Flo<span class=\"_ _31\"></span>w S<span class=\"_ _31\"></span>tat<span class=\"_ _31\"></span>em<span class=\"_ _31\"></span>ent</span><span style=\"display:inherit;clear:left;\">Ve<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ls <span class=\"_ _31\"></span>so<span class=\"_ _31\"></span>ld <span class=\"_ _31\"></span>or <span class=\"_ _31\"></span>tr<span class=\"_ _31\"></span>ans<span class=\"_ _31\"></span>fer<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span>d t<span class=\"_ _31\"></span>o a<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>ts<span class=\"_ _31\"></span> he<span class=\"_ _31\"></span>ld <span class=\"_ _31\"></span>fo<span class=\"_ _31\"></span>r s<span class=\"_ _31\"></span>ale<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>ela<span class=\"_ _31\"></span>te <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e T<span class=\"_ _31\"></span>ank<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span> se<span class=\"_ _31\"></span>gme<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__236": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 29 \u2013 ENTITIES IN THE GROUP</span><span style=\"display:inherit;clear:left;position:relative;height:416.298828125px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0117187px; width: 369.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 12px; font-family: ff1; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Entity</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 289.998px; font-size: 12px; font-family: ff1; -webkit-text-stroke: 0.18px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Country</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 18.0605px; width: 457.4px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM plc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 275.016px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Kingdom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 42.3945px; width: 156.457px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Investments in subsidiaries \u2075\u207e:</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 59.2695px; width: 523.16px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Entity owned by TORM plc</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 186.047px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Country</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.1134px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ownership \u2074\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 76.5605px; width: 525.984px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM A/S</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 270.445px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 93.4355px; width: 526.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM Singapore Pte. Ltd.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 192.832px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.266px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 110.311px; width: 525.99px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM VesselCo UK Limited \u2077\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 174.527px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Kingdom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 86.004px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 127.186px; width: 526.037px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM Tanker Corporation \u2076\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 181.904px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USA</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 145.4px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 144.061px; width: 525.744px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VesselCo 9 Pte. Ltd.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 221.068px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.266px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 160.936px; width: 525.867px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VesselCo 10 Pte. Ltd. \u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 206.227px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.266px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 177.811px; width: 525.973px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">VesselCo 12 Pte. Ltd.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 214.16px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.652px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 194.686px; width: 525.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OCM Singapore Njord Holdings Hardrada, Pte. Ltd \u00b2\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 115.266px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.02px; width: 522.949px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Entity owned by subsidiaries</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 172.254px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Country</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 90.6386px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Ownership \u2074\u207e</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 236.311px; width: 525.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM Middle East DMCC</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 196.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Arab Emirates</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.186px; width: 525.732px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM Shipping India Private Limited \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">India</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.061px; width: 525.832px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">OMCI Marine Services Private Limited \u00b3\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 123.486px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">India</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 142.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 286.936px; width: 525.891px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM USA LLC \u2076\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 236.01px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USA</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 144.944px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 303.811px; width: 525.92px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">TORM SHIPPING (PHILS.), INC. </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 168.422px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Philippines</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 118.353px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">25 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 320.686px; width: 525.645px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine Exhaust Technology A/S</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 158.766px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 337.561px; width: 526.008px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ME Production A/S</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 225.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.5725px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 354.436px; width: 526.002px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Gale Energy ApS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 238.336px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 121.67px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 371.311px; width: 525.885px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Marine Exhaust Technology (Hong Kong) Ltd.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.9355px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.416px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 388.186px; width: 525.668px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">ME Production (Zhejiang) Co, Ltd.</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.031px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 137.812px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 405.061px; width: 526.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Suzhou ME Production Technology Co, Ltd.\u2076\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.6154px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 138.416px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: -2.955px; width: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">100 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 0.574219px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"></span><span style=\"display: inline-block;\">%</span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> En<span class=\"_ _31\"></span>tit<span class=\"_ _31\"></span>ie<span class=\"_ _31\"></span>s d<span class=\"_ _31\"></span>iss<span class=\"_ _31\"></span>ol<span class=\"_ _31\"></span>ved<span class=\"_ _31\"></span> in<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e<span class=\"_ _31\"></span> fi<span class=\"_ _31\"></span>nan<span class=\"_ _31\"></span>cia<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>yea<span class=\"_ _31\"></span>r e<span class=\"_ _31\"></span>nd<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span> 31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>ce<span class=\"_ _31\"></span>mbe<span class=\"_ _31\"></span>r 2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>3.</span><span style=\"display:inherit;clear:left;\">2)<span class=\"_ _31\"></span> En<span class=\"_ _31\"></span>tit<span class=\"_ _31\"></span>ie<span class=\"_ _31\"></span>s d<span class=\"_ _31\"></span>iss<span class=\"_ _31\"></span>olv<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span> in<span class=\"_ _31\"></span> th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>fi<span class=\"_ _31\"></span>nan<span class=\"_ _31\"></span>ci<span class=\"_ _31\"></span>al <span class=\"_ _31\"></span>yea<span class=\"_ _31\"></span>r e<span class=\"_ _31\"></span>nd<span class=\"_ _31\"></span>ed <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>ce<span class=\"_ _31\"></span>mbe<span class=\"_ _31\"></span>r 2<span class=\"_ _31\"></span>02<span class=\"_ _31\"></span>5.</span><span style=\"display:inherit;clear:left;\">3)<span class=\"_ _31\"></span> En<span class=\"_ _31\"></span>tit<span class=\"_ _31\"></span>ie<span class=\"_ _31\"></span>s w<span class=\"_ _31\"></span>it<span class=\"_ _31\"></span>h d<span class=\"_ _31\"></span>iff<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>por<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>per<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ds:<span class=\"_ _31\"></span> In<span class=\"_ _31\"></span>dia<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span>iti<span class=\"_ _31\"></span>es<span class=\"_ _31\"></span> ha<span class=\"_ _31\"></span>ve <span class=\"_ _31\"></span>a <span class=\"_ _31\"></span>fin<span class=\"_ _31\"></span>anc<span class=\"_ _31\"></span>ial<span class=\"_ _31\"></span> r<span class=\"_ _31\"></span>epo<span class=\"_ _31\"></span>rti<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>pe<span class=\"_ _31\"></span>rio<span class=\"_ _31\"></span>d t<span class=\"_ _31\"></span>ha<span class=\"_ _31\"></span>t r<span class=\"_ _31\"></span>uns<span class=\"_ _31\"></span> f<span class=\"_ _31\"></span>rom<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>0<span class=\"_ _31\"></span>1 A<span class=\"_ _31\"></span>pri<span class=\"_ _31\"></span>l <span class=\"_ _31\"></span>to <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">Ma<span class=\"_ _31\"></span>rch<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>s r<span class=\"_ _31\"></span>equ<span class=\"_ _31\"></span>ire<span class=\"_ _31\"></span>d <span class=\"_ _31\"></span>by <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> I<span class=\"_ _31\"></span>ndi<span class=\"_ _31\"></span>an <span class=\"_ _31\"></span>gov<span class=\"_ _31\"></span>er<span class=\"_ _31\"></span>nme<span class=\"_ _31\"></span>nt'<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>law<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>nd <span class=\"_ _31\"></span>le<span class=\"_ _31\"></span>gis<span class=\"_ _31\"></span>lat<span class=\"_ _31\"></span>io<span class=\"_ _31\"></span>ns.</span><span style=\"display:inherit;clear:left;\">4)<span class=\"_ _31\"></span> Fo<span class=\"_ _31\"></span>r a<span class=\"_ _31\"></span>ll<span class=\"_ _31\"></span> su<span class=\"_ _31\"></span>bsi<span class=\"_ _31\"></span>dia<span class=\"_ _31\"></span>ri<span class=\"_ _31\"></span>es,<span class=\"_ _31\"></span> ow<span class=\"_ _31\"></span>ner<span class=\"_ _31\"></span>sh<span class=\"_ _31\"></span>ip <span class=\"_ _31\"></span>and<span class=\"_ _31\"></span> v<span class=\"_ _31\"></span>oti<span class=\"_ _31\"></span>ng <span class=\"_ _31\"></span>rig<span class=\"_ _31\"></span>ht<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e s<span class=\"_ _31\"></span>ame<span class=\"_ _31\"></span> e<span class=\"_ _31\"></span>xce<span class=\"_ _31\"></span>pt <span class=\"_ _31\"></span>for<span class=\"_ _31\"></span> T<span class=\"_ _31\"></span>ORM<span class=\"_ _31\"></span> SH<span class=\"_ _31\"></span>IP<span class=\"_ _31\"></span>PIN<span class=\"_ _31\"></span>G (<span class=\"_ _31\"></span>PH<span class=\"_ _31\"></span>ILS<span class=\"_ _31\"></span>.),<span class=\"_ _31\"></span> I<span class=\"_ _31\"></span>NC <span class=\"_ _31\"></span>whe<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span> vo<span class=\"_ _31\"></span>tin<span class=\"_ _31\"></span>g </span><span style=\"display:inherit;clear:left;\">ri<span class=\"_ _31\"></span>ght<span class=\"_ _31\"></span>s a<span class=\"_ _31\"></span>re<span class=\"_ _31\"></span> 10<span class=\"_ _31\"></span>0%<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">5)<span class=\"_ _31\"></span> Al<span class=\"_ _31\"></span>l s<span class=\"_ _31\"></span>ub<span class=\"_ _31\"></span>sid<span class=\"_ _31\"></span>iar<span class=\"_ _31\"></span>ies<span class=\"_ _31\"></span> a<span class=\"_ _31\"></span>re <span class=\"_ _31\"></span>con<span class=\"_ _31\"></span>so<span class=\"_ _31\"></span>lid<span class=\"_ _31\"></span>ate<span class=\"_ _31\"></span>d i<span class=\"_ _31\"></span>n <span class=\"_ _31\"></span>ful<span class=\"_ _31\"></span>l.</span><span style=\"display:inherit;clear:left;\">6)<span class=\"_ _31\"></span> En<span class=\"_ _31\"></span>tit<span class=\"_ _31\"></span>ie<span class=\"_ _31\"></span>s n<span class=\"_ _31\"></span>ot <span class=\"_ _31\"></span>au<span class=\"_ _31\"></span>dit<span class=\"_ _31\"></span>ed.</span><span style=\"display:inherit;clear:left;\">7)<span class=\"_ _31\"></span> TO<span class=\"_ _31\"></span>RM <span class=\"_ _31\"></span>Ve<span class=\"_ _31\"></span>sse<span class=\"_ _31\"></span>lCo<span class=\"_ _31\"></span> U<span class=\"_ _31\"></span>K L<span class=\"_ _31\"></span>imi<span class=\"_ _31\"></span>te<span class=\"_ _31\"></span>d (<span class=\"_ _31\"></span>a U<span class=\"_ _31\"></span>K s<span class=\"_ _31\"></span>ub<span class=\"_ _31\"></span>sid<span class=\"_ _31\"></span>iar<span class=\"_ _31\"></span>y,<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>gis<span class=\"_ _31\"></span>tra<span class=\"_ _31\"></span>ti<span class=\"_ _31\"></span>on <span class=\"_ _31\"></span>num<span class=\"_ _31\"></span>be<span class=\"_ _31\"></span>r: <span class=\"_ _31\"></span>157<span class=\"_ _31\"></span>72<span class=\"_ _31\"></span>160<span class=\"_ _31\"></span>) w<span class=\"_ _31\"></span>ill<span class=\"_ _31\"></span> t<span class=\"_ _31\"></span>ake<span class=\"_ _31\"></span> ad<span class=\"_ _31\"></span>van<span class=\"_ _31\"></span>ta<span class=\"_ _31\"></span>ge <span class=\"_ _31\"></span>of <span class=\"_ _31\"></span>th<span class=\"_ _31\"></span>e a<span class=\"_ _31\"></span>udi<span class=\"_ _31\"></span>t e<span class=\"_ _31\"></span>xe<span class=\"_ _31\"></span>mpt<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">se<span class=\"_ _31\"></span>t o<span class=\"_ _31\"></span>ut <span class=\"_ _31\"></span>wi<span class=\"_ _31\"></span>thi<span class=\"_ _31\"></span>n s<span class=\"_ _31\"></span>ec<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>n 4<span class=\"_ _31\"></span>79A<span class=\"_ _31\"></span> o<span class=\"_ _31\"></span>f t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>Co<span class=\"_ _31\"></span>mpa<span class=\"_ _31\"></span>nie<span class=\"_ _31\"></span>s <span class=\"_ _31\"></span>Act<span class=\"_ _31\"></span> 20<span class=\"_ _31\"></span>06 <span class=\"_ _31\"></span>fo<span class=\"_ _31\"></span>r t<span class=\"_ _31\"></span>he <span class=\"_ _31\"></span>ye<span class=\"_ _31\"></span>ar <span class=\"_ _31\"></span>end<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span> <span class=\"_ _31\"></span>31<span class=\"_ _31\"></span> De<span class=\"_ _31\"></span>cem<span class=\"_ _31\"></span>be<span class=\"_ _31\"></span>r 2<span class=\"_ _31\"></span>025<span class=\"_ _31\"></span>.</span><span style=\"display:inherit;clear:left;\">Interest in legal entities included as joint ventures:</span><span style=\"display:inherit;clear:left;\">The Danish joint venture, Long Range 2 A/S has been dissolved during the year. There has been no </span><span style=\"display:inherit;clear:left;\">activity in the joint venture during the year and the comparison years. </span><span style=\"display:inherit;clear:left;\">The table below shows the registered addresses for the companies mentioned above:</span><span style=\"display:inherit;clear:left;position:relative;height:450.416015625px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 372.691px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.408px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">India</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 131.549px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Philippines</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 17.2949px; width: 361.348px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Tuborg Havnevej 18</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2nd Floor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 108.897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7th Floor</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 34.1699px; width: 421.477px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DK-2900 Hellerup</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 66.1466px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Leela Business Park</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.0352px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salcedo Towers, 169</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 51.0449px; width: 422.355px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.09px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Andheri-Kurla Road</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 57.4042px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">HV dela Costa Street</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 67.9199px; width: 395.959px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Andheri (E)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 101.789px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Salcedo Village,</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 84.7949px; width: 372.773px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Mumbai 400059</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.7873px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Makati City</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 101.67px; width: 400.383px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">India</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 132.662px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Philippines 1227</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 135.004px; width: 337.541px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 103.365px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Kingdom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 73.3301px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 152.295px; width: 371.268px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">6 Battery Road #27-02</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">4th Floor</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.947px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Suite 1625</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 169.17px; width: 394.418px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Six Battery Road</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 71.2207px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">120 Cannon Street</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 59.625px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2500 City West</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 186.045px; width: 366.152px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore 049909</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 61.9159px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">London, EC4N 6AS</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 60.75px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Boulevard</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 202.92px; width: 436.154px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Singapore</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 105.486px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">United Kingdom</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 75.3926px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">77042, Houston , Texas</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.795px; width: 337.096px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">USA</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 253.129px; width: 373.061px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 110.408px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 127.26px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Hong Kong</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 270.42px; width: 392.203px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Sandholm 7</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 96.6154px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">208 Longward Road</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 54.4102px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Room 12, 10/F</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 287.295px; width: 418.904px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">9900 Frederikshavn</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 55.1074px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Zhapu Town Ping Hu</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 52.3125px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Kwai Cheong Centre</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 304.17px; width: 447.111px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Denmark</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 112.09px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Jiaxing City</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 97.2248px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">No. 50 Kwai Cheong Road</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 321.045px; width: 458.396px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Zhejiang Provice</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 72.8966px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Kwai Chung, New Territories</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 337.92px; width: 371.672px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 154.559px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">China</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 128.426px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">Hong Kong</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 354.379px; width: 112.254px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 371.67px; width: 118.512px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">DMCC Business Centre</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 388.545px; width: 77.6074px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">AU Tower 15-G</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 405.42px; width: 64.8574px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">JLT Cluster I</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 422.295px; width: 56.625px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dubai, UAE</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 439.17px; width: 109.184px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">United Arab Emirates</span></span></span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCompositionOfGroupExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__239-1": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 30 \u2013 EARNINGS PER SHARE AND DIVIDEND PER SHARE</span><span style=\"display:inherit;clear:left;position:relative;height:247.5px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.377px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 348.891px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 45.1406px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.5039px; width: 463.963px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Earnings per share</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 216.018px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 41.2539px; width: 284.057px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Net profit/(loss) for the year attributable to TORM plc </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 54.7539px; width: 531.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">shareholders (USDm)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 203.027px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">285.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">612.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">648.3 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 79.5039px; width: 463.963px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Million shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 242.59px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 70.5px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 69.7091px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 96.7949px; width: 531.938px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Weighted average number of shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 130.166px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">98.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">94.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">84.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 113.67px; width: 532.242px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Weighted average number of treasury shares</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 83.5897px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">-0.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 130.129px; width: 531.68px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Weighted average number of shares outstanding</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 58.5px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">98.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">93.6 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 40.8518px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">83.6 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 155.295px; width: 531.932px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Dilutive effect of outstanding share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 91.5705px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">1.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.7 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">3.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 171.754px; width: 283.23px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Weighted average number of shares outstanding incl. </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 185.254px; width: 531.961px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">dilutive effect of share options</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 153.299px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">100.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">96.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">86.7 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 219.004px; width: 526.395px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Basic earnings/(loss) per share (USD)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 157.834px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.91</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.54</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.75</span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 235.879px; width: 526.441px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Diluted earnings/(loss) per share (USD)</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 149.385px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2.85</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">6.36</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 49.3241px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">7.48</span></span></span><span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Basic earnings per share are calculated by dividing the consolidated net profit/(loss) for the year </span><span style=\"display:inherit;clear:left;\">available to common shareholders by the weighted average number of common shares outstanding </span><span style=\"display:inherit;clear:left;\">during the period. Treasury shares are not included in the calculation. Purchases of treasury shares </span><span style=\"display:inherit;clear:left;\">during the period are weighted based on the remaining period.</span><span style=\"display:inherit;clear:left;\">Diluted earnings per share are calculated by adjusting the consolidated profit or loss available to </span><span style=\"display:inherit;clear:left;\">common shareholders and the weighted average number of common shares outstanding for the effects </span><span style=\"display:inherit;clear:left;\">of all potentially dilutive shares. Such potentially dilutive common shares are excluded when the effect </span><span style=\"display:inherit;clear:left;\">of including them would be to increase earnings per share or reduce a loss per share.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__241": {
   "value": "<span style=\"display:inherit;clear:left;\">Accounting Policies</span><span style=\"display:inherit;clear:left;\">Basic earnings per share are calculated by dividing the consolidated net profit/(loss) for the year </span><span style=\"display:inherit;clear:left;\">available to common shareholders by the weighted average number of common shares outstanding </span><span style=\"display:inherit;clear:left;\">during the period. Treasury shares are not included in the calculation. Purchases of treasury shares </span><span style=\"display:inherit;clear:left;\">during the period are weighted based on the remaining period.</span><span style=\"display:inherit;clear:left;\">Diluted earnings per share are calculated by adjusting the consolidated profit or loss available to </span><span style=\"display:inherit;clear:left;\">common shareholders and the weighted average number of common shares outstanding for the effects </span><span style=\"display:inherit;clear:left;\">of all potentially dilutive shares. Such potentially dilutive common shares are excluded when the effect </span><span style=\"display:inherit;clear:left;\">of including them would be to increase earnings per share or reduce a loss per share.</span>",
   "dimensions": {
    "concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__243": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 31 \u2013 CASH AND CASH EQUIVALENTS, INCLUDING RESTRICTED CASH</span><span style=\"display:inherit;clear:left;position:relative;height:124.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 532.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash at banks and on hand</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.57px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">158.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">271.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">265.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 531.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 173.414px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">158.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">271.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">265.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.5449px; width: 270.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash provided as security for initial margin calls and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.0449px; width: 531.926px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">negative market values on derivatives, etc.\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.1623px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.5039px; width: 532.072px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Restricted cash</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.568px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 113.254px; width: 531.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.6 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>cou<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>rpa<span class=\"_ _31\"></span>rt<span class=\"_ _31\"></span>ies<span class=\"_ _31\"></span> ha<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span> ob<span class=\"_ _31\"></span>lig<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>tu<span class=\"_ _31\"></span>rn <span class=\"_ _31\"></span>any<span class=\"_ _31\"></span> e<span class=\"_ _31\"></span>xce<span class=\"_ _31\"></span>ss <span class=\"_ _31\"></span>ca<span class=\"_ _31\"></span>sh <span class=\"_ _31\"></span>pro<span class=\"_ _31\"></span>vid<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span> as<span class=\"_ _31\"></span> se<span class=\"_ _31\"></span>cu<span class=\"_ _31\"></span>rit<span class=\"_ _31\"></span>y t<span class=\"_ _31\"></span>o t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> Gr<span class=\"_ _31\"></span>oup<span class=\"_ _31\"></span> u<span class=\"_ _31\"></span>pon<span class=\"_ _31\"></span> se<span class=\"_ _31\"></span>tt<span class=\"_ _31\"></span>lem<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span> or<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">ea<span class=\"_ _31\"></span>rly<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>ina<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>n o<span class=\"_ _31\"></span>f <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>rac<span class=\"_ _31\"></span>ts.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  },
  "f1__s8__7__242": {
   "value": "<span style=\"display:inherit;clear:left;\">NOTE 31 \u2013 CASH AND CASH EQUIVALENTS, INCLUDING RESTRICTED CASH</span><span style=\"display:inherit;clear:left;position:relative;height:124.875px;\"><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 0.0039062px; width: 526.207px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">USDm</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 320.203px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span class=\"pp-font-color-override-1\" style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">2025</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2024</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 44.7596px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">2023</span></span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 16.9199px; width: 532.131px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash at banks and on hand</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 175.57px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">158.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">271.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 35.3906px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">265.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 33.3789px; width: 531.82px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 173.414px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.8691px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">158.1 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">271.9 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">265.5 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 58.5449px; width: 270.562px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash provided as security for initial margin calls and </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 72.0449px; width: 531.926px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">negative market values on derivatives, etc.\u00b9\u207e</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 92.1623px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.9375px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.37304px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 42.0821px; font-size: 11.25px; font-family: ff2; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 88.5039px; width: 532.072px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Restricted cash</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 231.568px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 48.4159px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">5.4 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">19.3 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 41.4435px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">30.1 </span></span><span class=\"pp-font-color-override-1\" style=\"position: absolute; display: inline-block; left: 0px; top: 113.254px; width: 531.598px; white-space: pre; word-spacing: 0px; letter-spacing: 0px; margin-left: 0px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\">Cash and cash equivalents, including restricted cash</span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 37.4179px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">163.5 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 34.3594px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">291.2 </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 2.625px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\"> </span><span style=\"word-spacing: 0px; letter-spacing: 0px; display: inline-block; margin-left: 0px; width: 33.9609px; font-size: 11.25px; font-family: ff1; -webkit-text-stroke: 0.16875px rgba(0, 0, 0, 0);\"><span style=\"display: inline-block;\"> </span></span><span style=\"display: inline-block;\">295.6 </span></span></span><span style=\"display:inherit;clear:left;\">1)<span class=\"_ _31\"></span> Th<span class=\"_ _31\"></span>e <span class=\"_ _31\"></span>cou<span class=\"_ _31\"></span>nte<span class=\"_ _31\"></span>rpa<span class=\"_ _31\"></span>rt<span class=\"_ _31\"></span>ies<span class=\"_ _31\"></span> ha<span class=\"_ _31\"></span>ve<span class=\"_ _31\"></span> an<span class=\"_ _31\"></span> ob<span class=\"_ _31\"></span>lig<span class=\"_ _31\"></span>at<span class=\"_ _31\"></span>ion<span class=\"_ _31\"></span> to<span class=\"_ _31\"></span> re<span class=\"_ _31\"></span>tu<span class=\"_ _31\"></span>rn <span class=\"_ _31\"></span>any<span class=\"_ _31\"></span> e<span class=\"_ _31\"></span>xce<span class=\"_ _31\"></span>ss <span class=\"_ _31\"></span>ca<span class=\"_ _31\"></span>sh <span class=\"_ _31\"></span>pro<span class=\"_ _31\"></span>vid<span class=\"_ _31\"></span>ed<span class=\"_ _31\"></span> as<span class=\"_ _31\"></span> se<span class=\"_ _31\"></span>cu<span class=\"_ _31\"></span>rit<span class=\"_ _31\"></span>y t<span class=\"_ _31\"></span>o t<span class=\"_ _31\"></span>he<span class=\"_ _31\"></span> Gr<span class=\"_ _31\"></span>oup<span class=\"_ _31\"></span> u<span class=\"_ _31\"></span>pon<span class=\"_ _31\"></span> se<span class=\"_ _31\"></span>tt<span class=\"_ _31\"></span>lem<span class=\"_ _31\"></span>ent<span class=\"_ _31\"></span> or<span class=\"_ _31\"></span> </span><span style=\"display:inherit;clear:left;\">ea<span class=\"_ _31\"></span>rly<span class=\"_ _31\"></span> te<span class=\"_ _31\"></span>rm<span class=\"_ _31\"></span>ina<span class=\"_ _31\"></span>tio<span class=\"_ _31\"></span>n o<span class=\"_ _31\"></span>f <span class=\"_ _31\"></span>the<span class=\"_ _31\"></span> co<span class=\"_ _31\"></span>nt<span class=\"_ _31\"></span>rac<span class=\"_ _31\"></span>ts.</span>",
   "dimensions": {
    "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory",
    "language": "en",
    "entity": "scheme:213800VL1H1ABVM1ZF63",
    "period": "2025-01-01T00:00:00/2026-01-01T00:00:00"
   }
  }
 }
}