{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"APM": "http://xbrl.maersk.com/2022-12-31",
"ifrs-full": "http://xbrl.ifrs.org/taxonomy/2021-03-24/ifrs-full",
"iso4217": "http://www.xbrl.org/2003/iso4217",
"scheme": "http://standards.iso.org/iso/17442",
"xbrl": "https://xbrl.org/2021",
"xbrli": "http://www.xbrl.org/2003/instance"
},
"taxonomy": [
"http://xbrl.maersk.com/2022-12-31/APMM-2022-12-31.xsd"
]
},
"facts": {
"pp-value-1-3": {
"value": "A.P. M\u00f8ller - M\u00e6rsk A/S",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-2-1": {
"value": "Esplanaden 50, DK-1263Copenhagen K",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"f39": {
"value": "Copenhagen K",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"f86": {
"value": "global",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"f612": {
"value": "Denmark",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-7-1": {
"value": "the global integrator of container logisticsconnecting and simplifying customers\u2019 supply chains",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"f19216": {
"value": " A/S ",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"f23904": {
"value": "81529000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23907": {
"value": "61787000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23913": {
"value": "44882000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23916": {
"value": "37748000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23921": {
"value": "319000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23924": {
"value": "166000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23929": {
"value": "153000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23932": {
"value": "169000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherExpenseByNature",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23942": {
"value": "36813000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ProfitLossFromOperatingActivitiesBeforeInterestTaxesDepreciationAndAmortisationExpense",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23945": {
"value": "24036000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ProfitLossFromOperatingActivitiesBeforeInterestTaxesDepreciationAndAmortisationExpense",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23952": {
"value": "6186000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23955": {
"value": "4944000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23961": {
"value": "101000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23964": {
"value": "96000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnDisposalsOfNoncurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23972": {
"value": "132000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23975": {
"value": "486000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23980": {
"value": "30860000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23983": {
"value": "19674000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23988": {
"value": "1088000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23991": {
"value": "552000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23996": {
"value": "1717000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f23999": {
"value": "1496000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24005": {
"value": "30231000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24008": {
"value": "18730000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24015": {
"value": "910000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24018": {
"value": "697000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24024": {
"value": "29321000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24027": {
"value": "18033000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24034": {
"value": "123000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24037": {
"value": "91000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToNoncontrollingInterests",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24044": {
"value": "29198000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24047": {
"value": "17942000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24055": {
"value": "1600",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"f24058": {
"value": "941",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"f24066": {
"value": "1595",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"f24069": {
"value": "938",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:DilutedEarningsLossPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD/xbrli:shares"
}
},
"f24083": {
"value": "29321000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24086": {
"value": "18033000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24098": {
"value": "-551000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24101": {
"value": "-364000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24111": {
"value": "-53000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24114": {
"value": "-23000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24125": {
"value": "-36000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24128": {
"value": "-80000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnCashFlowHedgesBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24135": {
"value": "-7000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxRevenue",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24138": {
"value": "15000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxRevenue",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24143": {
"value": "-127000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxOperatingExpense",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24146": {
"value": "40000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxOperatingExpense",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24151": {
"value": "-17000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxFinanceIncomeCost",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24154": {
"value": "-24000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxFinanceIncomeCost",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24160": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxNonCurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24163": {
"value": "-2000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ReclassificationAdjustmentsOnCashFlowHedgesBeforeTaxNonCurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24170": {
"value": "10000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24173": {
"value": "7000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24182": {
"value": "6000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24185": {
"value": "-5000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24195": {
"value": "-387000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24198": {
"value": "-462000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24208": {
"value": "54000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24211": {
"value": "143000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesFromInvestmentsInEquityInstruments",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24217": {
"value": "36000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24220": {
"value": "-23000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24227": {
"value": "-30000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24230": {
"value": "-7000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24238": {
"value": "120000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24241": {
"value": "127000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24247": {
"value": "-267000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24250": {
"value": "-335000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24257": {
"value": "29054000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24260": {
"value": "17698000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24267": {
"value": "92000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24270": {
"value": "87000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24277": {
"value": "28962000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24280": {
"value": "17611000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24324": {
"value": "3392000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24327": {
"value": "3513000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24331": {
"value": "60599000000",
"decimals": -6,
"dimensions": {
"concept": "APM:RetainedEarningsAndOtherReserves",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24334": {
"value": "40995000000",
"decimals": -6,
"dimensions": {
"concept": "APM:RetainedEarningsAndOtherReserves",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24342": {
"value": "63991000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24345": {
"value": "44508000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24350": {
"value": "1041000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24353": {
"value": "1080000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24358": {
"value": "65032000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24361": {
"value": "45588000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24368": {
"value": "8582000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24371": {
"value": "8153000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24378": {
"value": "3774000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24381": {
"value": "4315000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:LongtermBorrowings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24387": {
"value": "191000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24390": {
"value": "215000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24396": {
"value": "842000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24399": {
"value": "692000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24405": {
"value": "495000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24408": {
"value": "217000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24416": {
"value": "883000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24419": {
"value": "520000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24424": {
"value": "410000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesNoncurrent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24427": {
"value": "324000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesNoncurrent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24432": {
"value": "150000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentPayables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24435": {
"value": "154000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentPayables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24440": {
"value": "2971000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24443": {
"value": "2122000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24449": {
"value": "15327000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24452": {
"value": "14590000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24459": {
"value": "3032000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24462": {
"value": "2398000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24469": {
"value": "255000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShorttermBorrowings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24472": {
"value": "469000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ShorttermBorrowings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24478": {
"value": "777000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentProvisions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24481": {
"value": "779000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentProvisions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24486": {
"value": "6804000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24489": {
"value": "6241000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24494": {
"value": "569000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24497": {
"value": "424000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24503": {
"value": "77000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24506": {
"value": "95000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24511": {
"value": "1696000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24514": {
"value": "1333000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentPayables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24519": {
"value": "102000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentDeferredIncomeIncludingCurrentContractLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24522": {
"value": "110000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentDeferredIncomeIncludingCurrentContractLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24527": {
"value": "10025000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24530": {
"value": "8982000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24539": {
"value": "9000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24542": {
"value": "244000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24548": {
"value": "13321000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24551": {
"value": "12093000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24556": {
"value": "28648000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24559": {
"value": "26683000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24564": {
"value": "93680000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24567": {
"value": "72271000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24579": {
"value": "10785000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24582": {
"value": "5769000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24589": {
"value": "28194000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24592": {
"value": "27303000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24599": {
"value": "10967000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24602": {
"value": "9906000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24608": {
"value": "772000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24611": {
"value": "1304000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:InvestmentsInJointVenturesAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24616": {
"value": "1246000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24619": {
"value": "1117000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:InvestmentsInAssociatesAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24625": {
"value": "377000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24628": {
"value": "318000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24634": {
"value": "10000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24637": {
"value": "33000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentDerivativeFinancialAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24643": {
"value": "134000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24646": {
"value": "148000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentRecognisedAssetsDefinedBenefitPlan",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24651": {
"value": "25000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLoansAndReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24654": {
"value": "12000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentLoansAndReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24659": {
"value": "708000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24662": {
"value": "203000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24667": {
"value": "3272000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24670": {
"value": "3135000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24678": {
"value": "399000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24681": {
"value": "356000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24687": {
"value": "53617000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24690": {
"value": "46469000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24695": {
"value": "1604000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24698": {
"value": "1457000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24705": {
"value": "6971000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24708": {
"value": "5403000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24714": {
"value": "231000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24717": {
"value": "221000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24723": {
"value": "198000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24726": {
"value": "40000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentDerivativeFinancialAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24732": {
"value": "17652000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLoansAndReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24735": {
"value": "5131000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentLoansAndReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24740": {
"value": "1094000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24743": {
"value": "774000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24748": {
"value": "1245000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentPrepayments",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24751": {
"value": "542000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentPrepayments",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24756": {
"value": "27391000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24759": {
"value": "12111000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentReceivables",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24763": {
"value": "942000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentInvestments",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24766": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentInvestments",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24770": {
"value": "10057000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24773": {
"value": "11832000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24780": {
"value": "69000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24783": {
"value": "399000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24789": {
"value": "40063000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24792": {
"value": "25802000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24797": {
"value": "93680000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24800": {
"value": "72271000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24846": {
"value": "30860000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24849": {
"value": "19674000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24856": {
"value": "6186000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24859": {
"value": "4944000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24865": {
"value": "-101000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24868": {
"value": "-96000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24874": {
"value": "132000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24877": {
"value": "486000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24883": {
"value": "1808000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24886": {
"value": "1610000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24891": {
"value": "162000000",
"decimals": -6,
"dimensions": {
"concept": "APM:AdjustmentsForProvisionsAndAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24894": {
"value": "115000000",
"decimals": -6,
"dimensions": {
"concept": "APM:AdjustmentsForProvisionsAndAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24899": {
"value": "110000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24902": {
"value": "63000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24909": {
"value": "35277000000",
"decimals": -6,
"dimensions": {
"concept": "APM:CashFlowsFromUsedInOperatingActivitiesBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24912": {
"value": "22604000000",
"decimals": -6,
"dimensions": {
"concept": "APM:CashFlowsFromUsedInOperatingActivitiesBeforeTax",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24917": {
"value": "801000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24920": {
"value": "582000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidClassifiedAsOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24925": {
"value": "34476000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24928": {
"value": "22022000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24935": {
"value": "4163000000",
"decimals": -6,
"dimensions": {
"concept": "APM:PurchaseOfPropertyPlantAndEquipmentAndPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24938": {
"value": "2976000000",
"decimals": -6,
"dimensions": {
"concept": "APM:PurchaseOfPropertyPlantAndEquipmentAndPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24943": {
"value": "303000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ProceedsFromSalesOfPropertyPlantAndEquipmentAndProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24946": {
"value": "205000000",
"decimals": -6,
"dimensions": {
"concept": "APM:ProceedsFromSalesOfPropertyPlantAndEquipmentAndProceedsFromSalesOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24952": {
"value": "4774000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24955": {
"value": "815000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24959": {
"value": "2000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24962": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24968": {
"value": "46000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24971": {
"value": "79000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24977": {
"value": "219000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24980": {
"value": "-4000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24984": {
"value": "327000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsReceivedClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24987": {
"value": "282000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsReceivedClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24993": {
"value": "31000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f24996": {
"value": "8000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25002": {
"value": "12580000000",
"decimals": -6,
"dimensions": {
"concept": "APM:OtherFinancialInvestmentsNetClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25005": {
"value": "4964000000",
"decimals": -6,
"dimensions": {
"concept": "APM:OtherFinancialInvestmentsNetClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25011": {
"value": "-938000000",
"decimals": -6,
"dimensions": {
"concept": "APM:OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesAndOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25014": {
"value": "-2000000",
"decimals": -6,
"dimensions": {
"concept": "APM:OtherCashReceiptsFromSalesOfEquityOrDebtInstrumentsOfOtherEntitiesAndOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25019": {
"value": "-21619000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25022": {
"value": "-8342000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25029": {
"value": "800000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25032": {
"value": "2497000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25038": {
"value": "3080000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25041": {
"value": "2279000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25047": {
"value": "83000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25050": {
"value": "563000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25056": {
"value": "2738000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25059": {
"value": "1956000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsToAcquireOrRedeemEntitysShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25064": {
"value": "233000000",
"decimals": -6,
"dimensions": {
"concept": "APM:InterestReceivedClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25067": {
"value": "57000000",
"decimals": -6,
"dimensions": {
"concept": "APM:InterestReceivedClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25071": {
"value": "471000000",
"decimals": -6,
"dimensions": {
"concept": "APM:InterestPaidOtherThanLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25074": {
"value": "315000000",
"decimals": -6,
"dimensions": {
"concept": "APM:InterestPaidOtherThanLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25079": {
"value": "518000000",
"decimals": -6,
"dimensions": {
"concept": "APM:InterestPaidOnLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25082": {
"value": "459000000",
"decimals": -6,
"dimensions": {
"concept": "APM:InterestPaidOnLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25088": {
"value": "31000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25091": {
"value": "22000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25095": {
"value": "6847000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25098": {
"value": "1017000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToEquityHoldersOfParentClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25104": {
"value": "78000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25107": {
"value": "91000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25113": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25116": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25122": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsFromChangesInOwnershipInterestsInSubsidiaries",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25125": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PaymentsFromChangesInOwnershipInterestsInSubsidiaries",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25131": {
"value": "49000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25134": {
"value": "74000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25138": {
"value": "-14135000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25141": {
"value": "-7900000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25147": {
"value": "-1278000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25150": {
"value": "5780000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25158": {
"value": "11565000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25161": {
"value": "5864000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25168": {
"value": "-249000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25171": {
"value": "-79000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25176": {
"value": "10038000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25179": {
"value": "11565000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25184": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25187": {
"value": "28000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsClassifiedAsPartOfDisposalGroupHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25192": {
"value": "10037000000",
"decimals": -6,
"dimensions": {
"concept": "APM:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPositionNotClassifiedAsPartOfDisposalGroupHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25195": {
"value": "11537000000",
"decimals": -6,
"dimensions": {
"concept": "APM:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPositionNotClassifiedAsPartOfDisposalGroupHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25200": {
"value": "10057000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25203": {
"value": "11832000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25208": {
"value": "20000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:BankOverdraftsClassifiedAsCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25211": {
"value": "295000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:BankOverdraftsClassifiedAsCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25216": {
"value": "10037000000",
"decimals": -6,
"dimensions": {
"concept": "APM:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPositionNotClassifiedAsPartOfDisposalGroupHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25219": {
"value": "11537000000",
"decimals": -6,
"dimensions": {
"concept": "APM:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPositionNotClassifiedAsPartOfDisposalGroupHeldForSale",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25222": {
"value": "1400000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:RestrictedCashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25225": {
"value": "1300000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:RestrictedCashAndCashEquivalents",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25313": {
"value": "3632000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25316": {
"value": "-432000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25319": {
"value": "-6000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25322": {
"value": "-42000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25325": {
"value": "26698000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25328": {
"value": "29850000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25331": {
"value": "1004000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25334": {
"value": "30854000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25340": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25343": {
"value": "-335000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25346": {
"value": "144000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25349": {
"value": "-118000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25352": {
"value": "-22000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25355": {
"value": "-331000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25358": {
"value": "-4000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25361": {
"value": "-335000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25367": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25370": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25373": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25376": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25379": {
"value": "17942000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25382": {
"value": "17942000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25385": {
"value": "91000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25388": {
"value": "18033000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25395": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25398": {
"value": "-335000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25401": {
"value": "144000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25404": {
"value": "-118000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25407": {
"value": "17920000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25410": {
"value": "17611000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25413": {
"value": "87000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25416": {
"value": "17698000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25421": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25424": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25427": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25430": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25433": {
"value": "1017000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25436": {
"value": "1017000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25439": {
"value": "96000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25442": {
"value": "1113000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25448": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25451": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25454": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25457": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25460": {
"value": "17000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25463": {
"value": "17000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25466": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25469": {
"value": "17000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25475": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25478": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25481": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25484": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25487": {
"value": "19000000",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25490": {
"value": "19000000",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25493": {
"value": "-16000000",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25496": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "APM:DecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25502": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25505": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25508": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25511": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25514": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25517": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25520": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25523": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25530": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25533": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25536": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25539": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25542": {
"value": "1956000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25545": {
"value": "1956000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25548": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25551": {
"value": "1956000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25558": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25561": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25564": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25567": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25570": {
"value": "22000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25573": {
"value": "22000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25576": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25579": {
"value": "22000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25585": {
"value": "-119000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25588": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25591": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25594": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25597": {
"value": "119000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25600": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25603": {
"value": "69000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25606": {
"value": "69000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25616": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25619": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25622": {
"value": "-3000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25625": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25628": {
"value": "3000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25631": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25634": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25637": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25642": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25645": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25648": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25651": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25654": {
"value": "-1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25657": {
"value": "-1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25660": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25663": {
"value": "-1000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25669": {
"value": "-119000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25672": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25675": {
"value": "-3000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25678": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25681": {
"value": "-2831000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25684": {
"value": "-2953000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25687": {
"value": "-11000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25690": {
"value": "-2964000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25695": {
"value": "3513000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25698": {
"value": "-767000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25701": {
"value": "135000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25704": {
"value": "-160000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25707": {
"value": "41787000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25710": {
"value": "44508000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25713": {
"value": "1080000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25716": {
"value": "45588000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25723": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25726": {
"value": "-465000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25729": {
"value": "90000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25732": {
"value": "103000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25735": {
"value": "36000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25738": {
"value": "-236000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25741": {
"value": "-31000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25744": {
"value": "-267000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25750": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25753": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25756": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25759": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25762": {
"value": "29198000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25765": {
"value": "29198000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25768": {
"value": "123000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25771": {
"value": "29321000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25778": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25781": {
"value": "-465000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25784": {
"value": "90000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25787": {
"value": "103000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25790": {
"value": "29234000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25793": {
"value": "28962000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25796": {
"value": "92000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25799": {
"value": "29054000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25804": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25807": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25810": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25813": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25816": {
"value": "6845000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25819": {
"value": "6845000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25822": {
"value": "80000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25825": {
"value": "6925000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:DividendsPaid",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25831": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25834": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25837": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25840": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25843": {
"value": "26000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25846": {
"value": "26000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25849": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25852": {
"value": "26000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25858": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25861": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25864": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25867": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25870": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25873": {
"value": "1000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25876": {
"value": "-1000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25879": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25883": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25886": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25889": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25892": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25895": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25898": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25901": {
"value": "-67000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25904": {
"value": "-67000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughDisposalOfSubsidiary",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25910": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25913": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25916": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25919": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25922": {
"value": "2785000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25925": {
"value": "2785000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25928": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25931": {
"value": "2785000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:PurchaseOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25937": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25940": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25943": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25946": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25949": {
"value": "31000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25952": {
"value": "31000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25955": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25958": {
"value": "31000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:SaleOrIssueOfTreasuryShares",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25964": {
"value": "-121000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25967": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f25970": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f25973": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f25976": {
"value": "121000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f25979": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f25982": {
"value": "17000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f25985": {
"value": "17000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughOtherContributionsByOwnersAndIncreaseDecreaseThroughOtherDistributionsToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f25995": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f25998": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f26001": {
"value": "-13000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f26004": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f26007": {
"value": "13000000",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f26010": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f26013": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f26016": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "APM:IncreaseDecreaseThroughTransferToRetainedEarnings",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f26024": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f26027": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f26030": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f26033": {
"value": "-30000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f26036": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f26039": {
"value": "-30000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f26042": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f26045": {
"value": "-30000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:AmountRemovedFromReserveOfCashFlowHedgesAndIncludedInInitialCostOrOtherCarryingAmountOfNonfinancialAssetLiabilityOrFirmCommitmentForWhichFairValueHedgeAccountingIsApplied",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f26050": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f26053": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f26056": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f26059": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f26062": {
"value": "63000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f26065": {
"value": "63000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f26068": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f26071": {
"value": "63000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesEquity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f26077": {
"value": "-121000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f26080": {
"value": "0",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f26083": {
"value": "-13000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f26086": {
"value": "30000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f26089": {
"value": "-9375000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f26092": {
"value": "-9479000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f26095": {
"value": "-131000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f26098": {
"value": "-9610000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"f26103": {
"value": "3392000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:USD"
}
},
"f26106": {
"value": "-1232000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember",
"unit": "iso4217:USD"
}
},
"f26109": {
"value": "212000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember",
"unit": "iso4217:USD"
}
},
"f26112": {
"value": "-27000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:ReserveOfCashFlowHedgesMember",
"unit": "iso4217:USD"
}
},
"f26115": {
"value": "61646000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:USD"
}
},
"f26118": {
"value": "63991000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:USD"
}
},
"f26121": {
"value": "1041000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:USD"
}
},
"f26124": {
"value": "65032000000",
"decimals": -6,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"pp-value-12-1": {
"value": "Basis of preparationThe consolidated financial statements for 2022 for A.P. Moller - Maersk have been prepared on a going concern basis and in accordance with the International Financial Reporting Standards (IFRS) as adopted by the EU and additional Danish disclosure requirements for listed companies. The consolidated financial statements of A.P. Moller - Maersk are included in the consolidated financial statements of A.P. M\u00f8ller Holding A/S. The accounting policies are consistent with those applied in the consolidated financial statements for 2021, except for the changes to accounting standards that were effective from 1 January 2022 and were en-dorsed by the EU. The changes have not had a material impact on the financial statements.ESEF/iXBRL reportingA.P. M\u00f8ller - M\u00e6rsk A/S is required to prepare and file the annual report in the European Single Electronic For-mat (ESEF), and the annual report for 2022 is therefore prepared in the XHTML format that can be displayed in a standard browser. The primary statements and the notes to the consolidated financial statements are tagged using inline eXtensible Business Reporting Language (iXBRL). The iXBRL tags comply with the ESEF taxonomy, which is included in the ESEF Regulation and developed based on the IFRS taxonomy published by the IFRS Foundation. Where a financial statement line item or note is not defined in the ESEF taxonomy, an ex-tension to the taxonomy has been created. Extensions are anchored to elements in the ESEF taxonomy, except for extensions which are subtotals. The Annual Report submitted to the Danish Financial Supervisory Authority consists of the XHTML document together with certain technical files, all included in a file named APMM-2022-12-31-en.zip.Change in reportable segmentsAs part of the refinement of A.P. Moller - Maersk\u2019s seg-ment structure, changes to the segment structure were made with effect from 1 January 2022. The changes involve moving the Svitzer activity from Terminals & Towage to Manufacturing & Others. In addition, the Manufacturing & Others segment has been renamed Towage & Maritime Services, while the Terminals & Towage segment has been renamed Terminals. Compar-ison figures for Note 2.1 Segment information have been restated as if the change had been implemented in 2021. The reportable segments are disclosed below. The allocation of business activities into segments reflects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businessesConsolidationThe consolidated financial statements comprise the parent company A.P. M\u00f8ller - M\u00e6rsk A/S, its subsidiaries and proportionate shares in joint arrangements classi-fied as joint operations. Subsidiaries are entities controlled by A.P. M\u00f8ller - M\u00e6rsk A/S. Control is based on the power to direct the relevant activities of an entity and the expo-sure, or right, to variable returns arising from it. In that connection, relevant activities are those that significantly affect the investee\u2019s returns. Control is usually achieved by directly or indirectly owning or in other ways con-trolling more than 50% of the voting rights or by other rights, such as agreements on management control. Joint arrangements are entities in which A.P. Moller - Maersk, according to contractual agree-ments with one or more other parties, has joint control. The arrangements are classified as joint ventures, if the contracting parties\u2019 rights are limited to net assets in the separate legal entities, and as joint operations, if the parties have direct and unlimited rights to the assets and obligations for the liabilities of the arrangement. Entities in which A.P. Moller - Maersk exercises a significant but non-controlling influence are considered associated companies. A significant influence is usually achieved by directly or indirectly owning or controlling 20-50% of the voting rights. Agreements and other cir-cumstances are considered when assessing the degree of influence. Consolidation is performed by summarising the financial statements of the parent company and its subsidiaries in accordance with A.P. Moller - Maersk\u2019s accounting policies. Intra-group income and expenses, shareholdings, dividends, intra-group balances and gains on intra-group transactions are eliminated. Unre-alised gains on transactions with associated companies and joint arrangements are eliminated in proportion to A.P. Moller - Maersk\u2019s ownership share. Unrealised losses are eliminated in the same way unless they indi-cate impairment. Non-controlling interests\u2019 share of profit/loss for the year and of equity in subsidiaries is included as part of A.P. Moller - Maersk\u2019s profit and equity respectively but shown as separate items.Foreign currency translationThe consolidated financial statements are presented in USD, the functional currency of the parent company and the Group. In the translation to the presentation currency for subsidiaries, associates, or joint arrange-ments with functional currencies other than USD, the total comprehensive income is translated into USD at average exchange rates, and the balance sheet is trans-lated at the exchange rates as at the balance sheet date. Exchange rate differences arising from such translations are recognised directly in other comprehensive income and in a separate reserve of equity. The functional currency varies from business area to business area. For A.P. Moller - Maersk\u2019s principal shipping activities, the functional currency is typi-cally USD. This means, among other things, that the carrying amounts of property, plant and equipment and intangible assets and, hence, depreciation and amortisation, are maintained in USD from the date of acquisition. For other activities, including container terminal activities and land-based logistics activities, the functional currency is generally the local currency of the country in which such activities are performed, unless circumstances suggest a different currency is appropriate. Transactions in currencies other than the functional currency are translated at the exchange rate prevailing at the date of the transaction. Monetary items in foreign currencies not settled at the balance sheet date are translated at the exchange rate as at the balance sheet date. Foreign exchange gains and losses are included in the income statement as financial income or expenses.Share of profit/loss in associated companies and joint ventures is recognised net of tax and corrected for the share of unrealised intra-group gains and losses. The item also comprises any impairment losses for such investments and their reversal.Statement of comprehensive incomeOther comprehensive income consists of gains and losses not recognised in the income statement, includ-ing exchange rate adjustments arising from the transla-tion from functional currency to presentation currency, fair value adjustments of other equity investments (at FVOCI), cash flow hedges, forward points and currency basis spread as well as actuarial gains/losses on defined benefit plans, etc. A.P. Moller - Maersk\u2019s share of other comprehensive income in associated companies and joint ventures is also included. On disposal or discontinuation of an entity, A.P. Moller - Maersk\u2019s share of the accumulated ex-change rate adjustment relating to the relevant entity with a functional currency other than USD, is reclas-sified to the income statement. Accumulated value adjustments of equity instruments classified as equity instruments at fair value through other comprehensive income will remain in equity upon disposal. Other comprehensive income includes current and deferred income tax to the extent that the items rec-ognised in other comprehensive income are taxable or deductible.Balance sheetInvestments in associated companies and joint ventures are recognised as A.P. Moller - Maersk\u2019s share of the equity value inclusive of goodwill less any impairment losses. Goodwill is an integral part of the value of as-sociated companies and joint ventures and is therefore subject to an impairment test together with the invest-ment. Impairment losses are reversed to the extent the original value is considered recoverable. Equity instruments, etc., including shares, bonds and similar securities, are recognised on the trading date at fair value, and subsequently measured at the quoted market price for listed securities and at esti-mated fair value for non-listed securities. Fair value ad-justments from equity investments at fair value through other comprehensive income (FVOCI) remain in equity upon disposal. Dividends are recognised in the income statement. Inventories mainly consist of bunker, spare parts not qualifying for property, plant and equipment, and other consumables. Inventories are measured at the lower of cost and net realisable value, primarily according to the FIFO method. The cost of finished goods and work in progress includes direct and indirect production costs. Loans and receivables are initially recognised at fair value, plus any direct transaction costs, and subse-quently measured at amortised cost using the effective interest method. For loans and other receivables, write-downs are made for expected losses based on specific individual or group assessments. For trade receivables, the loss allowance is measured by the simplified ap-proach according to IFRS 9, applying a provision matrix to calculate the expected lifetime losses. The provision matrix includes an impairment for non-due receivables.Climate-related risksWhen preparing the consolidated financial statements, management considers climate-related risks, where these could potentially impact reported amounts materially. The areas in which A.P. Moller - Maersk has assessed climate-related risks at the end of 2022 are included within the individual notes outlined below:Note 3.2 \u2013 Property, plant and equipmentNew financial reporting requirementsA.P. Moller - Maersk has not yet adopted the following accounting standards and requirements:IFRS 17 \u2013 Insurance contracts: An analysis of the impact has been made and it has been assessed that the stand-ard will not have a significant impact on recognition and measurement of the Group. Other changes to IFRS are not expected to have any significant impact on recognition and measurement.Note 1.2 Significant accounting estimates and judgementsThe preparation of the consolidated financial state-ments requires management to make estimates and judgements on an ongoing basis and to form assump-tions that affect the reported amounts. Management forms its estimates and judgements based on historical experience, independent advice, external data points as well as on in-house specialists and on other factors believed to be reasonable under the circumstances. In its assumption setting, management deals with various aspects of uncertainty. One aspect of uncer-tainty is the assessment of control over investments classified as associates, joint ventures and subsidiaries, where the assessment forms the basis for classification. Another aspect is measurement uncertainty, where management makes assumptions that derive the value of recognised assets and liabilities. These assumptions concern the timing and amount of future cash flows as well as the risks inherent in these. In certain areas, the outcome of business plans, in-cluding ongoing negotiations with external parties to execute those plans or the outcome of negotiations to settle claims that are raised against A.P. Moller - Maersk, is highly uncertain. Therefore, assumptions may change, or the outcome may differ in the coming years, which could require a material upward or downward adjustment to the carrying amounts of assets and liabilities. The areas and their related impact in which A.P. Moller - Maersk is particularly exposed to material uncertainty over the carrying amounts as at the end of 2022 are included within the individual notes as out-lined below:Note Key accounting estimates and judgements Estimate / ImpactJudgementNote 2.2 Vessel sharing agreements (cost-sharing arrangements) estimates EstimateNote 3.1 Determination of cash-generating units and impairment testing inputs JudgementNote 3.1 Impairment testing key assumptions EstimateNote 3.2 Useful life and residual value estimates EstimateNote 3.7 Provisions for legal disputes assumptions EstimateNote 5.1 Recognition and measurement of deferred tax asset and uncertain tax positions EstimateNote 5.5 Operations in countries with limited access to repatriating surplus cash assumptions JudgementLevel of potential impact to the consolidated financial statements:LowMediumHighNote 2.1 Segment informationOcean Logistics Terminals Towage & Unallo-Elimina-Consol-& ServicesMaritime cated tionsidated Servicesitemstotal2022External revenue 61,497 14,710 3,323 1,894 105 - 81,529Inter-segment revenue 2,802 -287 1,048 399 26 -3,988 -Total revenue 64,299 14,423 4,371 2,293 131 -3,988 81,529Profit before depreciation, amortisation and impair-ment losses, etc. (EBITDA) 33,770 1,378 1,535 369 -207 -32 36,813Depreciation and amorti-sation 4,762 517 515 179 6 -19 5,960Profit before financial items (EBIT) 29,149 814 832 307 -229 -13 30,860Key metrics:Invested capital 32,368 9,858 7,593 2,794 -145 -58 52,410Gross capital expenditures, excl. acquisitions and divest-ments (CAPEX) 2,620 657 516 350 35 -15 4,163Reference is made to the income statement for a reconciliation from EBIT to profit. The segment assets, segment liabilities and the sum of invested capital per segment can be reconciled to the assets and liabilities as per the balance sheet.Assets Liabilities Invested capital2022Segment invested capital 65,406 12,793 52,613Unallocated items 883 1,028Eliminations -1,408 -1,350Consolidated invested capital 64,881 12,471 52,410Add back:Cash and bank balances 10,057 -Interest-bearing receivables (current and non-current) 17,690 -Securities, etc. 942 -Lease liabilities and borrowings (current and non-current) - 15,6431Fair value of derivatives- 520Other 110 14Consolidated balance sheet at 31 December 93,680 28,6481 Relates to the fair value of derivatives that hedge net interest-bearing debt, including interest rate and cross currency swaps.Ocean Logistics Terminals Towage & Unallo-Elimina-Consol-& ServicesMaritime cated tionsidated Servicesitemstotal2021External revenue 47,212 9,782 2,927 1,790 76 - 61,787Inter-segment revenue 1,020 48 1,073 292 18 -2,451 - Total revenue 48,232 9,830 4,000 2,082 94 -2,451 61,787Profit before depreciation, amortisation and impair-ment losses, etc. (EBITDA) 21,432 907 1,455 356 -101 -13 24,036Depreciation and amorti-sation 3,570 297 532 204 6 -17 4,592Profit before financial items (EBIT) 17,963 623 1,173 17 -106 4 19,674Key metrics:Invested capital 30,529 3,130 8,289 2,216 -76 -45 44,043Gross capital expenditures, excl. acquisitions and divest-ments (CAPEX) 2,003 460 304 203 20 -14 2,976Assets Liabilities Invested capital2021Segment invested capital 55,447 11,283 44,164 Unallocated items 874 950 Eliminations -1,142 -1,097 Consolidated invested capital 55,179 11,136 44,043 Add back:Cash and bank balances 11,832 - Interest-bearing receivables (current and non-current) 5,162 - Securities, etc. 3 - Lease liabilities and borrowings (current and non-current) 15,335 1Fair value of derivatives - 195Other 95 17 Consolidated balance sheet at 31 December 72,271 26,683 1 Relates to the fair value of derivatives that hedge net interest-bearing debt, including interest rate and cross currency swaps.The segment disclosures provided above reflect the information which the Executive Board receives monthly in its capacity as \u2018chief operating decision maker\u2019 as defined in IFRS 8. The allocation of resources and the segment performance are evaluated based on revenue and profitability measured on earnings before interest and taxes (EBIT).Note 2.1 Segment information \u2013 continuedA.P. Moller - Maersk has organised segments in \u2018Ocean\u2019, \u2018Logistics & Services\u2019, \u2018Terminals\u2019 and \u2018Towage & Maritime Services\u2019. The Ocean segment with the activities of Maersk Liner Business (Maersk Line and Sealand \u2013 A Maersk Company) together with the Hamburg S\u00fcd brands (Hamburg S\u00fcd and Alian\u00e7a) as well as strategic transhipment hubs under the APM Terminals brand. Inland activities related to Maersk Liner Business are included in the Logistics & Services segment. The Logistics & Services segment includes the activities from Managed by Maersk, Fulfilled by Maersk, and Transported by Maersk. The Terminals segment includes gateway terminals, involving landside activities such as port activities where the customers are mainly the carriers. The Towage & Maritime Services segment includes towage services under the Svitzer brand, Maersk Container Industry, Maersk Supply Service and others.Types of revenue 2022 2021Ocean Freight revenue 56,499 42,374Other revenue, including hubs 7,800 5,858Logistics & Services Managed by Maersk 2,343 1,578Fulfilled by Maersk 3,898 2,320Transported by Maersk 8,182 5,932Terminals Terminal services 4,371 4,000Towage and Maritime Service Towage services 774 740Sale of containers and spare parts 499 690Offshore supply services 390 301Other shipping activities 282 269Other services 348 82Unallocated activities and eliminations -3,857 -2,357Total revenue 81,529 61,787Hereof recognised over time 78,722 58,062Hereof recognised at a point in time 6,664 6,0822022 2021Revenue from contracts with customers 80,179 60,632Revenue from other sourcesVessel-sharing and slot charter income 1,229 1,060Lease income 14 19Others 107 76Total revenue 81,529 61,787Set out above is the reconciliation of the revenue from contracts with customers to the amounts disclosed as total revenue.Contract balances 2022 2021Trade receivables from revenue from contracts with customers 6,508 5,305Accrued income \u2013 contract asset 263 -Accrued income \u2013 contract liability - 92Deferred income \u2013 contract liability 45 45Accrued income included in trade receivables in the balance sheet constitutes contract assets comprising unbilled amounts to customers representing the Group\u2019s right to consideration for the services transferred to date. Any amount previously recognised as accrued income is reclassified to trade receivables at the time it is invoiced to the customer. Deferred income is recognised in the income statement within 12 months.Under the payment terms generally applicable to the Group\u2019s revenue generating activities, prepayments are received only to a limited extent. Typically, payment is due upon or after completion of the services.Part of the deferred income presented in the balance sheet constitutes contract liabilities which represent advance payments and billings in excess of revenue recognised.There were no significant changes in accrued income and deferred income during the reporting period.Loss allowance disclosed in note 4.5 relates to receivables arising from contracts with customers.1External revenue Non-current assetsGeographical split 2022 2021 2022 2021Denmark 1,002 588 22,031 21,441Australia 1,984 1,485 400 348Brazil 2,574 1,953 240 215China and Hong Kong 3,564 3,382 5,429 2,237Costa Rica 429 381 832 863Germany 2,607 1,604 618 310India 1,827 1,431 618 658Mexico 2,301 1,610 491 500Morocco 492 421 1,439 1,467Netherlands 2,944 2,032 1,219 1,1492Russia470 1,528 2 71Singapore 794 468 5,070 4,576Spain 1,981 1,353 1,040 1,103UK 3,247 2,670 449 402USA 19,885 13,743 6,254 3,788Other 35,428 27,138 3,814 3,850Total 81,529 61,787 49,946 42,9781 Comprise intangible assets and property, plant and equipment and right-of-use assets, excluding financial non-current assets relating to continuing operations.2 For details on the decrease in the non-current assets balance in Russia, reference is made to note 2.5 Russia/Ukraine impact.Geographical informationRevenue for the shipping activities is based on the port of discharge for all ships operated by the Group, including leased ships on time charter agreements. Revenue for leasing out the vessels on time charter agreement, where the Group acts as a lessor, is based on the customer location. For non-current assets (e.g. terminals), which cannot be easily moved, geographical location is where the assets are located. For all other assets, geographical location is based on the legal ownership. These assets consist mainly of ships and containers registered in China, Denmark, Singapore and the USA.Segment informationThe allocation of business activities into segments re-flects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businessesOperating segments have not been aggregated.The reportable segments comprise:OceanOcean activities Activities under Maersk Line, Hamburg S\u00fcd, Sealand \u2013 A Maersk company, and Alian\u00e7a with ocean container freight being the main revenue stream. Ocean container freight is defined as the cost-per-weight measure of transporting goods on board a container vessel across the ocean, including demurrage and detention, terminal handling, documentation services, container services as well as container storage.Hub activitiesActivities under the APM Terminals brand-generating revenue by providing port services only in major tran-shipment ports such as Maasvlakte-II, Algeciras, Tangier, Tangier-Med II, Port Said, and joint ventures in Salalah and Tanjung Pelepas. The respective terminals are included under the Ocean segment, as the primary pur-pose of those ports is to provide transhipment services to A.P. Moller - Maersk\u2019s Ocean business, whereas third-party volumes sold in those locations are considered secondary.Maersk Oil TradingSourcing marine fuels for A.P. Moller - Maersk\u2019s fleet and third-party customers, in addition to operating a fuel infrastructure in key bunker ports.Logistics & ServicesManaged by MaerskService the supply chain with Lead Logistics (Supply Chain Management and 4PL), Cold Chain logistics and Custom Services, enabling customers to control or out-source part of or all their supply chain.Fulfilled by MaerskActivities such as Contract Logistics (Warehousing, Distribution and Depot) and e-commerce supporting integrated fulfilment solutions, to improve customer consolidation. Transported by MaerskIntegrated transportation solutions supported by Landside Transportation (Intermodal and Interconti-nental Rail), Value Protect, Air & Less Than Container Load (LCL), Full Container Load (FCL) and Maersk Air Cargo, to facilitate supply chain control across A.P. Moller - Maersk.TerminalsTerminals activitiesActivities in ports fully or partially controlled by the APM Terminals brand, with the main revenue stream being port activities not considered a hub activity as described above.Towage & Maritime ServicesTowage activitiesActivities under the Svitzer brand, a provider of off-shore towage, salvage and marine services.Maersk Container IndustryManufacturer that produces reefer containers.Maersk Supply ServiceProvides marine services and integrated solutions to the energy sector worldwide with a large fleet of anchor handling tug supply vessels and subsea sup-port vessels.Other businessesConsists of Maersk Growth, Maersk Training and other services to the maritime industry.Unallocated itemsThe reportable segments do not comprise Group- related costs in A.P. Moller - Maersk\u2019s corporate functions. These functions are reported as unallocated items. Revenue between segments is limited, except for the Terminals segment, where a large part of the services is delivered to the Ocean segment as well as the sale of containers from Maersk Container Industry to the Ocean segment.Income statementRevenue for all businesses is recognised when the performance obligation has been satisfied, which happens upon the transfer of control to the customer at an amount that reflects the consideration to which the Group expects to be entitled in exchange for the goods and services. Revenue from shipping activities is recognised over time as the performance obligation is satisfied, includ-ing a share of revenue from incomplete voyages at the balance sheet date. Invoiced revenue related to an estimated proportion of remaining voyage time and ac-tivities at the destination port is deferred. Percentage of completion is calculated as the number of days of a voyage as a percentage of the total number of days a voyage is estimated to last. Detention and demurrage fees are recognised over time up until the time of the customer\u2019s late return or pick-up of containers. Revenue from terminal operations and towing activities is recognised upon completion of the service. In container terminals operated under certain restrictive terms of pricing and service, etc., the value of tangible assets constructed on behalf of the concession grantor is recognised as revenue during the construction. Revenue from most freight forwarding activities is recognised over time. Revenue from the sale of goods is recognised upon the transfer of control to the buyer. No significant element of financing is deemed pres-ent as sales are made with a credit term of 20-45 days, which is consistent with market practice. Revenue from sales is recognised based on the price specified in the contract, net of the estimated volume discounts. Accu-mulated experience is used to estimate and provide for the discounts, using the expected value method, and revenue is only recognised to the extent that it is highly probable that a significant reversal will not occur.Note 2.2 Operating costs2022 2021Costs of goods sold 1,849 1,750Bunker costs 8,041 5,378Terminal costs 6,958 6,995Intermodal costs 4,532 3,988Port costs 2,188 2,183Rent and lease costs 1,539 1,617Staff costs 7,087 6,132Other 12,688 9,705Total operating costs 44,882 37,748Remuneration of employeesWages and salaries 6,237 5,415Severance payments 97 30Pension costs, defined benefit plans 35 21Pension costs, defined contribution plans 256 231Other social security costs 513 437Total remuneration 7,138 6,134Of which:Recognised in the cost of assets 8 1Included in restructuring costs 43 1Expensed as staff costs 7,087 6,132Customary agreements have been entered into with employees regarding compensation in connection with resignation with consideration for local legislation and collective agreements.For information about share-based payments, reference is made to note 5.2.Fees and remuneration to Executive Board and other key management personnel 2022 2021Fixed base salary 8 9Short-term cash incentive 6 81Long-term share-based incentives8 3Remuneration in connection with redundancy, resignation and release from duty to work 8 -Total remuneration to Executive Board and other key management personnel 30 201 During 2022, it was announced that Morten H. Engelstoft would leave A.P. Moller - Maersk effective end June 2022 and S\u00f8ren Skou effective end December 2022. In accordance with the terms and conditions of the restricted share plan and the stock option plan, any remaining expenses related to previous years plans are accelerated and recognised in 2022 for plans that are kept, and previously recognised expenses are reversed for cancelled plans. This has resulted in an increase in the long-term share-based incentives remuneration in 2022.Contract of employment for the Executive Board contains terms customary in Danish listed companies, including termi-nation notice and competition clauses. In connection with a possible takeover offer, neither the Executive Board nor the Board of Directors will receive special remuneration. Fees and remuneration do not include pension. Key management comprises of the Executive Board, Board of Directors, and other key management personnel.Total fees paid to other key management personnel during the year was USD 1.9m (USD 1.5m), comprising short-term employee benefits of USD 1.8m (USD 1.4m) and long-term share-based incentives of USD 0.1m (USD 0.1m). The Board of Directors has received fees of USD 2m (USD 3m). For disclosure of remuneration to the Executive Board of the parent company, refer to note 2.1 of the parent company financial statements.Fees to the statutory auditors 2022 2021Statutory audit 15 14Other assurance services - 1Tax and VAT advisory services 1 1Other services 3 3Total fees 19 19Fees other than the statutory audit of the financial statements provided by PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab to A.P. Moller - Maersk mainly consist of financial due diligence and transaction advice, ac-counting advisory services, tax advice, and other advisory accounting and tax services.Vessel-sharing agreements (cost-sharing arrangements)Vessel-sharing agreements in shipping require that some vessels are committed towards specific service routes. The committed vessel\u2019s capacity is then shared with one or more container shipping providers in proportion to each party\u2019s contribution to the joint service. In practice, it is not always possible to provide tonnage precisely as agreed in the sharing arrangements, therefore financial settlement often takes place on basis of relative capac-ity over/under-utilised on a monthly or other mutually agreed cycle. At A.P. Moller - Maersk, these capacity ad-justments are settled as close to actual costs incurred as possible based on market rates applicable at that time.Note 2.3 Depreciation, amortisation and impairment losses, net2022 2021Total depreciation 5,595 4,315Total amortisation 365 277Total impairment, net 226 352Depreciation, amortisation and impairment losses, net 6,186 4,944Depreciation is primarily related to property, plant, and equipment of USD 2.5bn (USD 2.3bn) and to right-of-use assets of USD 3.1bn (USD 2.0bn). Amortisation of USD 365m (USD 277m) is related to intangible assets. Total net impairments are primarily due to property, plant and equipment of USD 139m (USD 320m), intangible assets of USD 68m (USD 26m) and tugboats impaired as a result of the wind down of operations in Russia of USD 18m (USD 0m). Refer to note 2.5 Russia/Ukraine impact, note 3.1 Intangible assets and note 3.2 Property, plant and equipment.Note 2.4 Gains on sale of non-current assets, etc., net2022 2021Gains 204 128Losses 103 32Gains on sale of non-current assets, etc., net 101 96Gains in 2022 are primarily related to the sale of containers of USD 127m (USD 75m) and the sale of vessels of USD 56m (USD 48m). Losses in 2022 are primarily related to the sale of containers of USD 25m (USD 20m) and the wind down of operations in Russia. For more information on the Russia/Ukraine impact, refer to note 2.5 Russia/Ukraine impact.Note 2.5 Russia/Ukraine impactDue to the Russian invasion of Ukraine on 24 February 2022, A.P. Moller - Maersk decided to withdraw from doing business in Russia. Since the decision was made in Q1 2022, A.P. Moller - Maersk has continued the process of winding down operations in Russia with the intent to ultimately leave the country.As a result, the recoverable amounts of assets in Russia and Ukraine were reassessed, impairment losses were recognised, and provisions were made to cover costs relating to the withdrawal from operations. The income statement in 2022 was negatively impacted by USD 511m.In Terminals, A.P. Moller - Maersk divested its minority stake of 30.75% of Global Ports Investments (GPI). The divest-ment led to a total impairment loss of USD 403m, including the related recycling of translation reserve loss and other related impairments. Of this, USD 350m is recognised as share of profit/loss from joint ventures and associated com-panies in the income statement and USD 53m is recognised as gains on sale of non-current assets, etc., net. In Ocean, A.P. Moller - Maersk terminated all cargo operations in Russian ports. This negatively impacted the income statement by USD 41m, mainly due to impairments of containers and receivables. In Logistics & Services, two warehouses have been fully impaired, and all services to and from Russia and Belarus have been suspended. The total negative impact in Logistics & Services was USD 49m. Svitzer has a single operation in Russia providing towage services. Svitzer has taken steps to divest its operations including four tugs. All assets have been impaired with a negative impact to the income statement of USD 18m.Except for the divestment of GPI, the impacts have been classified as non-cash items in the cash flow statement.The details of the income statement impact are as follows:12MOperating segment Impacted area2022Ocean Net impairments of containers, net write-down of receivables, provisions -41Logistics & Services Net impairments of warehouses, net write-down of receivables, provisions -49Terminals Net impairments of investment in joint venture, including recycling of translation reserve loss -403Towage & Maritime Impairments of tugboatsServices-18Total income statement impact -511Note 3.1 Intangible assetsGoodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2022 1,928 3,132 1,579 1,205 7,844Additions - 25 - 324 3491Acquired in business combinations3,667 - 1,474 213 5,354Disposals - - - 352 352Transfers - -4 - 4 -Transfers, assets held for sale - -104 - 1 -103Exchange rate adjustments -41 -64 -10 -24 -13931 December 2022 5,554 2,985 3,043 1,371 12,953 Amortisation and impairment losses1 January 2022 367 794 324 590 2,075Amortisation - 110 147 108 3654Impairment losses- 15 21 32 68Disposals - - - 221 221Transfers - -3 - 3 -Transfers, assets held for sale - -79 - 1 -78Exchange rate adjustments -18 -13 -1 -9 -412331 December 2022 349 824 491 504 2,168 Carrying amount:2331 December 2022 5,205 2,161 2,552 867 10,785 1 Acquisition of LF Logistics, Pilot, Senator and ResQ (2021: Visible Supply Chain Management, B2C Europe, and HUUB). 2 Of which USD 38m (USD 28m) is under development. USD 34m (USD 29m) is related to terminal rights with indefinite useful life in Poti Sea Port Corp. The impairment test is based on the estimated fair value according to business plans. An average discount rate of 9.91% (9.95%) p.a. after tax has been applied in the calculations. Furthermore, the develop-ments in volumes and rates are significant parameters. Service concession rights with a carrying amount of USD 70m (USD 79m) have restricted title.3 Of which USD 141m (USD 197m) is related to ongoing development of software.4 Impairment losses on intangible assets primarily consist of USD 15m (USD 14m) on terminal and service concession rights in Terminals, USD 21m (USD 0m) on partnerships in Logistics & Services and USD 28m (USD 8m) on other rights within Ocean.Goodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2021 1,422 3,215 1,441 977 7,055Additions - -21 - 245 2241Acquired in business combinations621 - 153 68 842Disposals 76 1 - 37 114Transfers, assets held for sale - -5 - -11 -16Exchange rate adjustments -39 -56 -15 -37 -14731 December 2021 1,928 3,132 1,579 1,205 7,844Amortisation and impairment losses1 January 2021 454 685 227 544 1,910Amortisation - 113 98 66 2774Impairment losses - 14 - 14 28Reversal of impairment losses - - - 2 2Disposals 76 - - - 76Transfers, assets held for sale - -5 - -9 -14Exchange rate adjustments -11 -13 -1 -23 -482331 December 2021 367 794324 5902,075Carrying amount:2331 December 2021 1,561 2,3381,255 6155,769Goodwill carrying amountOperating segment Cash-generating unit 2022 2021Ocean Ocean 316 316 Logistics & Services Logistics & Services 4,582 943 Terminals Multiple terminals 248 248 Towage & Maritime Services Towage - Port Towage Amsterdam and Others 58 53 Other 1 1 Total 5,205 1,561 Significant accounting judgementsDetermination of cash-generating unitsJudgement is applied in the determination of cash- generating units of which goodwill is allocated to im-pairment testing and in the selection of methodologies and assumptions applied in impairment tests. The determination of cash-generating units differs based on the business area. Ocean operates its fleet of container vessels and hub terminals in an integrated network. Consequently, the Ocean activities are tested for impairment as a single cash-generating unit. Logistics & Services, including intermodal activities, is considered one cash-generating unit as a result of the continued integration within the business. Management views the Logistics & Services products as an integrated network, with the activities tested for impairment as a single cash-generating unit. In Terminals, each terminal is considered an individual cash-generating unit for impairment tests, except when the capacity is managed as a portfolio. Towage & Maritime Services includes towage activ-ities made up of two separate cash-generating units as well as several individual businesses which are each considered one cash-generating unit.Significant accounting estimatesImpairment \u2013 assessment inputsThe recoverable amount of each cash-generating unit is determined based on the higher of its value in use or fair value less costs to sell. The estimated value in use is calculated using certain key assumptions for the expected future cash flows and applied discount factor. Current market values for vessels, etc., are estimated using acknowledged brokers. Projected cash flow models are used when fair value is not obtainable or when fair value is deemed lower than value in use. The cash flow projections are based on financial budgets and business plans approved by management. In nature, these projections are subject to judgement and estimates that are uncertain, though based on experience and external sources where available. Cen-tralised processes and involvement of corporate func-tions ensure that indices and data sources are selected consistently while observing differences in risks and other circumstances. The discount rates applied reflect the time value of money as well as the specific risks related to the under-lying cash flows, i.e., project and/or country- specific risk premium. The discount rate also takes into consideration development in sustainable technologies. Further, any uncertainties reflecting past performance and possible variations in the amount or timing of the projected cash flows are generally reflected in the discount rates.Impairment \u2013 key assumptions applied The outcome of impairment tests is subject to esti-mates of the future development of freight rates and volumes, oil prices and the discount rates applied. Management determines the key assumptions for each impairment test by considering past experience as well as market analysis and future expectations based on supply and demand trends. The future development in freight rates is an uncertain and sig-nificant factor impacting the Ocean segment in par-ticular, whose financial results are directly affected by fluctuations in container freight rates. Freight rates are expected to be influenced by regional and global economic environments, trade patterns, and by industry- specific trends in respect of capacity supply and demand. As the market has started on its path to normalisa-tion, shipment and contract rates have begun to see a decline in 2022 and are expected to continue to decline, until part way through 2023. The overall volume growth outlook is flat in 2023 and is expected to increase from 2024 onwards. The future development in the oil price is also an uncertain and significant factor impacting accounting estimates across A.P. Moller - Maersk, either directly or indirectly. Ocean is directly impacted by the bunker oil price, where the competitive landscape determines the extent to which the development is reflected in the freight rates charged to the customer. Bunker consump-tion is expected to reduce compared to 2022, driven by fleet outsourcing and efficiency improvements.Terminals under APM Terminals located in oil-producing countries, e.g., Nigeria and Brazil, are indirectly impacted by the development in oil prices and the consequences for the respective countries\u2019 economies, which not only affects volumes handled in the terminals, but also for-eign exchange rates. Continued economic deterioration and a lack of cash repatriation opportunities in certain oil-producing countries could also put pressure on the carrying amounts of individual terminals. The key sensitivities impacting Terminals include container moves, revenue and cost per move, and local port rates, all of which are impacted by the local eco-nomic outlook and competition, as well as concession right extensions and the discount rate applied. Inflation is also expected to have a higher impact across of A.P. Moller - Maersk in 2023 than in 2022 and in prior years.Impairment \u2013 results of impairment assessmentsIn Ocean, the cash flow projection is based on forecasts as per Q3 2022, covering five-year business plans for 2023-27. Management has applied an assumption of growth in volumes based on a calculated terminal value with growth equal to the expected economic growth of 2.5% (2.0%) p.a., based on pressure on freight rates, and continued cost efficiency. A pre-tax discount rate of 9.2% (7.2%) p.a. has been applied. The impairment test showed headroom between the value in use and the carrying amount. Management is of the opinion that the assumptions applied are sustainable. The most significant goodwill amount relates to the Logistics & Services segment, where the impairment test is based on the estimated value in use from five-year business plans for 2022-27, where the volume and margin growth assumptions, which are regionally specific, reflect the current market expectations for the relevant period. The applied terminal growth is 2% (2%). A discount rate of 8.4% (6.8%) p.a. pre-tax or 8.2% (6.6%) p.a. after tax has been applied. The impairment test showed headroom from the value in use to the carry-ing amount. In Terminals, management assesses indicators of impairment including decreasing volumes and based on these indicators, estimates the recoverable amounts of the individual terminals whereby impairment indicators exist. Management also tests for impairment of the CGUs to which goodwill or indefinite life intangible assets are allocated. The cash flow projections for each terminal cover the concession period and extension options deemed likely to be exercised. The growth rates assumed reflect current market expectations for the relevant period, and the discount rates applied are between 7.2% and 13.0% (5.9% and 10.6%) p.a. after tax. In addition, during Q1 2022, as a result of A.P. Moller - Maersk\u2019s decision to withdraw from doing business in Russia, Terminals recognised impairment of USD 485m on its minority stake in Global Ports Invest-ments (GPI). During Q3 2022, APM Terminals sold its holding in GPI, resulting in the reversal of previously recognised impairment losses of USD 135m. Net im-pairment losses recognised on GPI during 2022 are USD 350m. For further details, reference is made to note 2.5 Russia/Ukraine impact. The impairment tests considered fair value less cost of disposal compared to the carrying amount, and resulted in net impairment of USD 350m on GPI as well as impairment losses on assets of an imma-terial amount in two terminals in 2022 (impairment losses of an immaterial amount in three terminals were recognised in 2021).Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.Note 3.2 Property, plant and equipmentShips, Production Construction Totalaircraft, facilities and work in con tainers, equipment, progress and etc.etc.payment on accountCost1 January 2022 47,804 7,946 1,177 56,927Additions from acquired companies 1 200 9 210Additions 1,507 169 1,965 3,641Disposals 1,075 124 - 1,199Transfers 531 322 -853 -Transfers, assets held for sale -51 -54 16 -89Reclassification from/to right-of-use assets 84 -8 -3 73Exchange rate adjustment -102 -242 -15 -35931 December 2022 48,699 8,209 2,296 59,204 Depreciation and impairment losses1 January 2022 25,890 3,734 - 29,624Depreciation 2,064 453 - 2,517Impairment losses 17 112 10 139Disposals 950 102 1 1,053Transfers, assets held for sale -33 -63 -1 -97Reclassification from/to right-of-use assets 35 -7 - 28Exchange rate adjustments -57 -88 -3 -14831 December 2022 26,966 4,039 5 31,010 Carrying amount:31 December 2022 21,733 4,170 2,291 28,194Ships, buildings, etc. with carrying amount of USD 0.8bn (USD 0.9bn) have been pledged as security for loans of USD 0.5bn (USD 0.5bn).Note 3.2 Property, plant and equipment \u2013 continuedShips, Production Construction Totalaircraft, facilities and work in con tainers, equipment, progress and etc.etc.payment on accountCost1 January 2021 44,917 8,031 377 53,325Additions from acquired companies 1 29 - 30Additions 1,837 129 1,318 3,284Disposals 713 76 5 794Transfers 198 285 -483 - Transfers, assets held for sale -7 -204 -16 -227Reclassification from/to right-of-use assets 1,658 16 - 1,674Exchange rate adjustment -87 -264 -14 -36531 December 2021 47,804 7,946 1,177 56,927Depreciation and impairment losses1 January 2021 23,239 3,602 3 26,844Depreciation 1,892 445 - 2,337Impairment losses 308 39 - 347Reversal of impairment losses 14 13 - 27Disposals 612 68 3 683Transfers, assets held for sale -7 -166 - -173Reclassification from/to right-of-use assets 1,116 - - 1,116Exchange rate adjustments -32 -105 - -13731 December 2021 25,890 3,734 - 29,624Carrying amount:31 December 2021 21,914 4,212 1,177 27,303Impairment tests of tangible assets and impairment losses recognised are specified as follows:Impairment losses Reversal of impairment lossesOperating segment Cash-generating unit 2022 2021 2022 2021Ocean Ocean 14 - - - Logistics & Services Logistics & Services 46 - - - Terminals Various terminals 58 36 - - Towage & Maritime Towage 1 - - -ServicesMaersk Supply Service - 308 - 14Maersk Container Industry 17 - - 13Others 3 3 - - Total 139 347 - 27 Impairment analysisFor more information on impairment tests, reference is made to note 3.1 Intangible assets. Useful life and residual valuesUseful lives are estimated based on experience. When there is an indication of a change in an asset\u2019s useful life, management revises the estimates for individual assets or groups of assets with similar characteris-tics due to factors such as quality of maintenance and repair, technical development, or environmental requirements. Management has also considered the impact of decarbonisation and climate-related risks on useful lives of existing assets. Such risks include new climate-related legislation restricting the use of certain assets, new technology demanded by climate-related legislation, and the increase in restoration costs for terminal sites due to new and/or more comprehensive policies. Residual values of vessels are difficult to estimate given their long useful lives, the uncertainty of future economic conditions, and the uncertainty of future steel prices, which is considered the main determinant of the residual value. Generally, the residual values of vessels are initially estimated at 10% of the purchase price excluding dry-docking costs. The long-term view is prioritised in order to disregard to the extent possible, temporary market fluctuations which may be significant.Property, plant, and equipment are valued at cost less accumulated depreciation and impairment losses. Depreciation is charged to the income statement on a straight-line basis over the useful life at an estimated residual value. The useful lives of new assets are typi-cally as follows:Ships, etc. 20-25 yearsContainers, etc. 15 yearsBuildings 10-50 yearsTerminal infrastructure 10-30 years or con- cession period, if shorterWarehouses and related 5-25 years, or lease term, infrastructure if shorterAircraft and related 3-30 yearscomponents Plant and machinery, cranes 5-25 yearsand other terminal equipmentOther operating equipment, 3-7 yearsfixtures, etc.Estimated useful lives and residual values are reassessed on a regular basis. The cost of an asset is divided into separate compo-nents, which are depreciated separately if the useful life of the individual component differs. Dry-docking costs are recognised in the carrying amount of ships when incurred and depreciated over the period until the next dry-docking. The cost of assets constructed by A.P. Moller - Maersk includes directly attributable expenses. For assets with a long construction period, borrowing costs during the construction period from specific as well as general borrowings are attributed to cost. In addition, the cost includes the net present value of estimated costs of removal and restoration.Note 3.3 Right-of-use assetsShips, Concession Real estate Totalcontainers, agreementsand other etc.leasesRight-of-use assets1 January 2022 6,136 2,550 1,220 9,906Additions 3,093 157 960 4,210Additions from acquired companies - - 570 570Disposals 307 - 129 436Depreciation 2,532 184 362 3,078Transfers, owned assets, etc. -45 - - -45Exchange rate adjustments -1 -112 -47 -16031 December 2022 6,344 2,411 2,212 10,967 1 January 2021 4,102 3,066 1,155 8,323Additions 4,290 54 378 4,722Additions from acquired companies - - 72 72Disposals 195 240 61 496Depreciation 1,519 195 264 1,978Impairment losses - 3 1 4Transfers, assets held for sale - -6 -2 -8Transfers, owned assets, etc. -540 - -19 -559Exchange rate adjustments -2 -126 -38 -16631 December 2021 6,136 2,550 1,220 9,906 Amounts recognised in profit and loss 2022 2021Depreciation on right-of-use assets 3,078 1,982Interest expenses (included in finance costs) 518 459Expenses relating to service elements of leases 976 895Expenses relating to short-term leases 248 433Expenses relating to variable lease payments 292 270Expenses relating to leases of low-value assets 23 22Total recognised in operating costs 1,539 1,620As part of the Group\u2019s activities, customary leasing agreements are entered, especially regarding the chartering of vessels and leasing of containers and other equipment. In some cases, the leasing agreements comprise purchase options exercisable by the Group and options for extending the lease term. The Group also enters into arrangements that provide the right-to-use some existing infrastructure or land as required to carry out the terminal business. To optimise lease costs during the contract period, the Group sometimes provides residual value guarantees in relation to equipment leases. At the end of 2022, the expected residual values were reviewed if these reflect the actual residual values achieved on comparable assets and expectations about future prices. At 31 December 2022, USD 226m (USD 226m) is expected to be payable and is included in the measurement of the lease liabilities. Leases to which A.P. Moller - Maersk is committed but for which lease term has not yet commenced have an undiscounted value of USD 1.6bn (USD 2.7bn). They comprise approx. 31 contracts commencing in 2023 to 2024. Certain terminal concession agreements contain variable payment terms that are linked to future performance, i.e., number of containers handled. Such payments are recognised in the income statement in the period in which the condition that triggers those payments occurs. Lease liabilities are disclosed in notes 4.2 and 4.5.Right-of-use assets are mainly leased vessels, containers, concessions arrangements and real estate property. Lease contracts for vessels and containers are typically made for fixed periods of about five years, but may have extension options as described together with lease liabil-ities. Concession arrangements and real estate contracts are negotiated on an individual basis and contain a wide range of terms and conditions.Leases are recognised as a right-of-use asset with a cor-responding lease liability at the date on which the leased asset is available for use. The right-of-use asset is depre-ciated over the shorter of the asset\u2019s useful life and the lease term on a straight-line basis.Note 3.4 Acquisition/sale of subsidiaries and activitiesAcquisitions during 2022LF Logistics Pilot Senator Other Total 2022Fair value at time of acquisitionIntangible assets 807 650 223 7 1,687Property, plant and equipment 533 185 48 14 780Financial assets 110 4 6 - 120Deferred tax assets 5 - - - 5Current assets 436 271 398 6 1,111Provisions 18 4 - - 22Liabilities 793 1,207 316 24 2,340Net assets acquired 1,080 -101 359 3 1,341A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share 1,080 -101 359 3 1,341Goodwill 2,291 1,145 225 6 3,667Purchase price 3,371 1,044 584 9 5,008Contingent consideration assumed -60 - - - -60Contingent consideration paid - 19 - - 19Change in payables on purchase price, etc. -24 8 - - -16Cash and bank balances assumed -126 -9 -40 -2 -177Cash flow used for acquisition of subsidiaries and activities 3,161 1,062 544 7 4,774LF Logistics Holdings Limited (Logistics & Services)On 22 December 2021, the Group signed an agreement to acquire 100% of the shares in LF Logistics Holdings Limited, a leading omnichannel fulfilment contract logistics company in Asia Pacific. The acquisition was completed end of August 2022. The acquisition will further strengthen A.P. Moller - Maersk\u2019s capabilities as an integrated container logistics company, offering global end-to-end supply chain solutions to its customers. The total purchase price is USD 3.4bn, including the fair value of contingent consideration of USD 60m, of which is contingent upon LF Logistics\u2019 future financial performance for the years 2023-24 and has a maximum payment value of USD 160m. Of the consideration paid, USD 2.3bn is related to goodwill while USD 807m is related to intangible assets, mainly customer relationships. USD 179m is related to trade receivables and USD 362m is related to RoU assets. Liabilities are mainly related to trade payables and lease liabilities. Goodwill is mainly attributable to commercial and operational future expected synergies, driven by cross-selling and improved productivity. Acquired goodwill is not allowable for tax purposes. From the acquisition date to 31 December 2022, LF Logistics contributed with a revenue of USD 360m and an insignifi-cant net profit. Had the acquisition occurred on 1 January 2022, the impact on the Group\u2019s revenue would have been USD 1.0bn. The net profit impact to the Group would have been USD 42m, including amortisation of intangibles recognised in the acquisition. Acquisition-related costs of USD 12m was recognised as operating costs in the income statement of the Logistics & Services segment in 2021, and in operating cash flow in the statement of cash flow in 2022. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised.Pilot Freight Services (Logistics & Services)On 5 February 2022, the Group signed an agreement to acquire 100% of the shares in Pilot Freight Services, a US-based first, middle, and last mile cross-border solutions provider. The acquisition was completed in early May 2022. Pilot has specialised in the big and bulky freight segment in North America. Pilot Freight Services will add specific new services within the fast-growing big and bulky e-commerce segment to the Group, thus increasing cross-selling oppor-tunities. The total acquisition value is USD 1.6bn of which USD 597m is related to the settlement of debt presented as cash flow from financing in the cash flow statement. Of the consideration paid, USD 1.1bn is related to goodwill while USD 650m is related to intangible assets, mainly customer relationships. USD 235m is related to trade receivables and USD 174m is related to RoU assets. Liabilities are mainly related to trade payables, lease liabilities and debt settled as part of the transaction. Goodwill is mainly attributable to commercial and operational future expected synergies, driven from cross-selling, network optimisations and improved productivity. Goodwill of USD 96m related to the acquisition is expected to be deductible for tax purposes. From the acquisition date to 31 December 2022, Pilot Freight Services contributed with a revenue of USD 987m and an insignificant net profit. Had the acquisition occurred on 1 January 2022, the impact on the Group\u2019s revenue would have been USD 1.5bn. The net profit impact to the Group would have been insignificant. Acquisition-related costs of USD 15m are recognised as operating costs in the income statement of the Logistics & Services segment in 2021 and 2022, and in operating cash flow in the statement of cash flow in 2022. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised.Senator International (Logistics & Services)On 2 November 2021, the Group signed an agreement to acquire 100% of the shares in Senator International, a well- renowned German air-based freight carrier company. The acquisition was completed in early June 2022. Senator Inter-national will contribute with offerings within air freight out of Europe into the USA and Asia, and thereby add strong capabilities and geographical reach to the integrator vision. The total purchase price is USD 584m. Of the consideration paid, USD 225m is related to goodwill while USD 223m is related to intangible assets, mainly customer relationships. USD 220m is related to trade receivables and the rest is mainly related to other receivables. Liabilities are mainly related to accrued expenses and deferred tax. Goodwill is mainly attributable to commercial and operational future expected synergies, driven from cross-selling, network optimisations and improved productivity. Acquired goodwill is not allowable for tax purposes. From the acquisition date to 31 December 2022, Senator International contributed with a revenue of USD 787m and a net profit of USD 40m. Had the acquisition occurred on 1 January 2022, the impact on the Group\u2019s revenue would have been USD 1.6bn and a net profit of USD 105m, including amortisation of intangibles recognised in the acquisition. Acquisition-related costs of USD 9m were recognised as operating costs in the income statement of the Logistics & Services segment in 2021, and in operating cash flow in the statement of cash flow in 2022. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised.OtherResQ (Towage & Maritime Services)On 17 June 2022, it was announced that the Group had signed an agreement to acquire 100% of the shares in ResQ, a Norwegian supplier of services with expertise in safety training and emergency preparedness. The acquisition was completed in July 2022. The total purchase price is USD 6m. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised. Note 3.4 Acquisition/sale of subsidiaries and activities \u2013 continuedAcquisitions after the balance sheet dateGrindrod Intermodal Group (Logistics & Services)On 15 November 2021, it was announced that the Group will partner with Grindrod Intermodal Group to merge the logistics activities of the Grindrod Intermodal business and the ocean activities of the Ocean Africa Container Lines (OACL) with the current Maersk Logistics & Services products in South Africa. The Grindrod Group is a well-known and trusted partner in South Africa that offers a range of logistics and service offerings. The Group will have a controlling interest of 51%. The purchase price is USD 34m. The acquisition was closed on 2 January 2023 and will operate as Grindrod Logistics.Martin Bencher Group (Logistics & Services)On 5 August 2022, it was announced that the Group intends to acquire 100% of the shares in Martin Bencher Group, a Denmark-based project logistics company with premium competencies within non-containerised project logistics. The acquisition of Martin Bencher Group will add to the existing project logistics services already available at Maersk, with a specialised service offering the combination of solution design, special cargo transportation, and project manage-ment services. It will build on existing infrastructures and know-how across the existing Project Logistics vertical in Sales & Marketing, Ocean, and L&S Special Project Logistics (SPL). The purchase price is USD 57m. The acquisition was closed on 2 January 2023.Acquisitions during 2021Visible B2C Europe HUUB Other Total 2021Fair value at time of acquisitionIntangible assets 182 29 10 - 221 Property, plant and equipment 87 11 - 4 102Financial assets 1 2 - - 3Current assets 71 19 1 - 91Liabilities 92 44 1 12 149Net assets acquired 249 17 10 -8 268A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share 249 17 10 -8 268Goodwill 553 60 - 8 621 Purchase price 802 77 10 - 889Contingent consideration assumed -64 -64Contingent consideration paid - - - 10 10 Cash and bank balances assumed -20 -1 - 3 -18Other adjustments - - - -2 -2Cash flow used for acquisition of subsidiaries and activities 718 76 10 11 815 Visible Supply Chain Management (Logistics & Services)On 2 August 2021, the Group acquired 100% of the shares in Visible Supply Chain Management, an e-commerce logistics provider based in North America focusing on e-fulfilment, parcel delivery services and freight management. Visible Supply Chain Management contributes with strong e-commerce capabilities and further strengthens the busi-ness-to-consumer part of the business. The total purchase price was USD 802m, including a contingent consideration valued at USD 64m. The contingent consideration was made up of a fixed number of A.P. Moller - Maersk B shares. Of the purchase price allocation, USD 553m related to goodwill while USD 182m related to intangible assets, mainly customer relationships, software, and technology. USD 59m related to RoU assets. Liabilities mainly related to lease liabilities. Goodwill is mainly attributable to expected future synergies from leveraging the acquired technology software, network optimisations and improved productivity. From the acquisition date to 31 December 2021, Visible Supply Chain Management contributed with a revenue of USD 205m and an insignificant net profit. Had the acquisition occurred on 1 January 2021, the impact on the Group\u2019s revenue would have been USD 504m. The net profit impact to the Group would have been insignificant. Acquisition-related costs of USD 10m were recognised as operating costs in the income statement of the Logistics & Services segment, and in operating cash flow in the statement of cash flow in 2021. B2C Europe (Logistics & Services)On 1 October 2021, the Group acquired 100% of the shares in B2C Europe, an e-commerce logistics provider head-quartered in the Netherlands, specialising in cross-border parcel delivery services. B2C Europe contributes with strong e-commerce capabilities and further strengthens the business-to-consumer part of our business. The total purchase price was USD 77m. Of the purchase price allocation, USD 60m related to goodwill while USD 29m related to intangible assets, mainly customer relationships and technology. Goodwill is mainly attributable to expected future synergies from integration and scale-up of technology. From the acquisition date to 31 December 2021, B2C Europe contributed with a revenue of USD 35m and an insignif-icant net profit. Had the acquisition occurred on 1 January 2021, the impact on the Group\u2019s revenue would have been USD 136m. The net profit impact to the Group would have been insignificant. Acquisition-related costs of USD 2m were recognised as operating costs in the income statement of the Logistics & Services segment, and in operating cash flow in the statement of cash flow in 2021.HUUB (Logistics & Services)On 1 September 2021, the Group acquired 100% of the shares in HUUB, a Portuguese cloud-based logistics start-up specialised in technology solutions for B2C warehousing for the fashion industry. HUUB contributes to strengthening A.P. Moller - Maersk\u2019s technology capabilities, bringing the best attributes of a modern entrepreneurial agile workplace. The acquisition was accounted for as an asset deal. The total acquisition price was USD 10m.OtherIn addition to the above acquisitions, there was another small acquisition in Logistics & Services and therefore the cash outflow related to acquisitions in 2021 was USD 815m.Sales during the year 2022In 2022, Terminals completed the sale of the 30.75% minority stake in Global Ports Investments in Russia for USD 135m. The transaction includes an ability for Terminals to re-enter the partnership in the future. There were no other material sales in 2022.Sales during the year 2021No material external sales were performed during 2021.Acquisition/sale of subsidiaries and activitiesUpon acquisition of new entities, the acquired assets, liabilities and contingent liabilities are measured at fair value at the date when control was achieved using the acquisition method. Identifiable intangible assets are rec ognised if they arise from a contractual right or can other wise be separately identified. The difference be-tween the fair value of the acquisition cost and the fair value of acquired identifiable net assets is recognised as goodwill. Contingent consideration is measured at fair value and any subsequent changes to contingent con-sideration are recognised as financial income or financial expense in the income statement. If contingent consid-eration is settled by issuing a predetermined number of shares, the contingent consideration is classified as equity and is subsequently not remeasured at fair value. Transaction costs are recognised as operating costs as they are incurred. When A.P. Moller - Maersk ceases to have control of a subsidiary, the value of any retained investment is re-measured at fair value, and the value adjustment is recognised in the income statement as a gain/loss on the sale of non-current assets. The difference between sales proceeds and the carrying amount of the subsidi-ary is recognised in the income statement including fair value of contingent consideration at the time of sale. Contingent consideration is re-measured at fair value with changes recognised in the income statement. The effect of the purchase and sale of non-controlling interests without changes in control is included directly in equity.Note 3.5 Term depositsLoan receivables, current, amount to USD 17.7bn (USD 5.1bn) and consist primarily of term deposits with a maturity of more than three months, amounting to USD 17.6bn (USD 5.0bn). For details on the assessment of the loss allowance on term deposits, reference is made to note 4.5 Financial instruments and risks.Note 3.6 Assets held for sale or distribution2022 2021Balance sheet items comprise:Intangible assets - 41Property, plant and equipment and right-of-use assets 13 106Deferred tax assets 1 -Other assets 51 55Non-current assets 65 202Current assets 4 197Assets held for sale or distribution 69 399Provisions 1 13Deferred tax liabilities - 11Other liabilities 8 220Liabilities associated with assets held for sale or distribution 9 244Assets held for sale in 2022 relate to two terminals within Terminals.Assets held for sale in 2021 largely relate to Maersk Container Industry within Towage & Maritime Services and three terminals within Terminals. On 25 August 2022, the divestment of Maersk Container Industry was discontinued follow-ing regulatory challenges. As a result, assets and liabilities of Maersk Container Industry were reclassified out of assets held for sale during 2022.Assets held for sale are recognised when the carrying amount of an individual non-current asset, or disposal group of assets, and will be recovered principally through a sales transaction rather than through continued use. Assets are classified as held for sale when activities to carry out a sale have been initiated, when the activities are available for immediate sale in their present condi-tion, and when the activities are expected to be disposed of within 12 months. Liabilities directly associated with assets held for sale are presented separately from other liabilities. Assets held for sale are measured at the lower of carrying amount immediately before classification as held for sale and fair value less costs to sell. Impairment tests are performed immediately before classification as held for sale. Non-current assets are not depreciated or amortised while classified as held for sale. Measurement of deferred tax and financial assets and liabilities is un-changed. When an asset or a disposal group has been classified as held for sale or distribution, but the requirements are no longer met, the assets and related liabilities ceases to be classified as held for sale. The cessation of the classi-fication as held for sale will be reflected in the period in which the change of circumstances has occurred. Com-parative figures are not restated, and any adjustments to the carrying value of assets and liabilities previously classified as held for sale are recognised in the period in which the circumstances have changed.Note 3.7 ProvisionsRestructuring Legal dis-Other Totalputes, etc.1 January 2022 59 1,063 349 1,471Provision made 62 545 195 802Amount used 39 187 144 370Amount reversed 12 222 64 298Additions from acquired companies - 4 17 21Transfers - 2 -2 -Transfers, assets held for sale - - 30 30Exchange rate adjustments -2 -23 -12 -3731 December 2022 68 1,182 369 1,619 Of which:Classified as non-current 16 635 191 842 Classified as current 52 547 178 777 Non-current provisions expected to be realised after more than five years - 42 23 65 Restructuring includes provisions for decided and publicly announced restructurings. Legal disputes, etc. include, among other things, indirect tax and duty disputes. Other primarily includes provisions for warranties, and onerous contracts.Reversals of provisions primarily relate to legal disputes and contractual disagreements, which are recognised in the income statement under operating costs and tax.Provisions for legal disputesManagement\u2019s estimate of the provisions for legal dis-putes, including disputes regarding taxes and duties, is based on the knowledge available on the substance of the cases and a legal assessment of these. The resolution of legal disputes through either negotiations or litigation can take several years to be reached and the outcomes are subject to considerable uncertainty.Provisions are recognised when A.P. Moller - Maersk has a present legal or constructive obligation from past events. The item includes, among other things, legal disputes, provisions for onerous contracts and unfavourable contracts acquired as part of a business combination.Provisions are recognised based on best estimates and are discounted where the time element is significant and where the time of settlement is reasonably determinable.Note 4.1 Share capital and earnings per shareDevelopment in the number of shares: A shares of B shares of Nominal valueDKK 1,000 DKK 500 DKK 1,000 DKK 500 DKK million USD million1 January 2021 10,599,293 216 9,432,463 166 20,032 3,632Cancellation 131,186 - 524,745 - 656 11931 December 2021 10,468,107 216 8,907,718 166 19,376 3,5131 January 2022 10,468,107 216 8,907,718 166 19,376 3,513Conversion 1 -2 3 -6 - - Cancellations 133,779 - 535,076 - 669 12131 December 2022 10,334,329 214 8,372,645 160 18,707 3,392All shares are fully issued and paid up. One A share of DKK 1,000 holds two votes. B shares have no voting rights.At the Annual General Meeting of A.P. M\u00f8ller - M\u00e6rsk A/S on 15 March 2022, the shareholders decided on the cancellation of treasury shares, whereby the share capital would be decreased. On 25 May 2022, the Company\u2019s share capital was reduced from nominally DKK 19,376,016,000 by nominally DKK 668,855,000 in total, divided into 133,779 A shares and 535,076 B shares of DKK 1,000 to nominally DKK 18,707,161,000.The reduction in the share capital has been recorded by applying the historical rate of exchange of USD/DKK 5.5153.Development in the holding of treasury shares: No. of shares of DKK 1,000 Nominal value DKK million % of share capitalTreasury shares 2022 2021 2022 2021 2022 2021A shares1 January 120,494 119,176 121 119 0.62% 0.59%Addition 215,002 132,504 215 133 1.15% 0.68%Cancellations 133,779 131,186 134 131 0.69% 0.65%31 December 201,717 120,494 202 121 1.08% 0.62%B shares1 January 549,587 505,281 550 505 2.84% 2.52%Additions 904,856 586,476 905 587 4.83% 3.03%Cancellations 535,076 524,745 535 525 2.76% 2.62%Disposals 31,810 17,425 32 17 0.17% 0.09%31 December 887,557 549,587 888 550 4.74% 2.84%The share buy-back programme is carried out with the purpose to adjust the capital structure of the company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings.Disposals of treasury shares are related to the share option plan and the restricted shares plan.From 1 January 2022 to 31 December 2022, A.P. Moller - Maersk bought back as treasury shares 110,689 A shares, with a nominal value of DKK 111m, and 336,597 B shares, with a nominal value of DKK 337m, from A.P. M\u00f8ller Holding A/S, and 99,927 B shares, with a nominal value of DKK 100m from A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familie fond, both of which are considered related parties. The share buy-back is carried out with the purpose to adjust the capital structure of the Company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings. Capital managementThe capital structure is managed for the Group in accordance with the financial policy, as approved by the Board of Directors. Capital is managed to meet the objective of a solid capital structure over the business cycle and to maintain a liquidity profile in line with an investment grade credit rating. A.P. Moller - Maersk remains investment grade-rated and holds a Baa2 (positive outlook) rating from Moody\u2019s and a BBB+ (stable) rating from Standard & Poor\u2019s. The equity share of total equity and liabilities is 69% (63%) at the end of 2022. Share buy-backs of maximum 15% of the share capital can be decided by the Board of Directors, and dividends paid out are to be between 30-50% of the underlying profit in accordance with the company\u2019s dividend policy.The basis for calculating earnings per share is the following:A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share of: 2022 2021Profit for the period 29,198 17,9422022 2021Issued shares 1 January 19,376,016 20,031,947Average number of treasury shares 720,802 555,742Average number of cancelled shares 404,978 406,138Average number of shares (basic) 18,250,236 19,070,067Dilutive effect of outstanding restricted shares and share options 57,522 60,248Average number of shares (diluted) 18,307,758 19,130,315Basic earnings per share (USD) 1,600 941Diluted earnings per share (USD) 1,595 938Note 4.1 Share capital and earnings per share \u2013 continued DividendsThe dividend of DKK 2,500 per share of DKK 1,000 was paid on 18 March 2022 \u2013 a total of DKK 46.3bn equivalent to USD 6.9bn, excluding treasury shares (dividend of DKK 330 per share of DKK 1,000 paid \u2013 total of DKK 6.4bn, equivalent to USD 1.0bn). The Board of Directors proposes a dividend to the shareholders of DKK 4,300 per share of DKK 1,000 \u2013 a total of around DKK 75.2bn, equivalent to around USD 10.9bn (DKK 2,500 per share of DKK 1,000 \u2013 total of DKK 46.3bn equivalent to USD 6.9bn). Payment of dividends is expected to take place on 31 March 2023. Payment of dividends to share holders does not trigger taxes to A.P. Moller - Maersk.Earnings per share is calculated as A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share of the profit for the year divided by the average number of shares outstanding (of DKK 1,000 each), ex-cluding A.P. Moller - Maersk\u2019s holding of treasury shares. Diluted earnings per share are adjusted for the dilutive effect of the average number of share options outstand-ing issued by the parent company.Equity includes total comprehensive income for the year comprising the profit for the year and other compre-hensive income. Proceeds on the purchase and sale of treasury shares and dividend from such shares are recognised in equity.The translation reserve is comprised of A.P. Moller - Maersk\u2019s share of accumulated exchange rate differences arising on translation from functional currency into presentation currency. The reserve for other equity investments is comprised of accumulated changes in the fair value of equity investments (at FVOCI), net of tax. Reserves for hedges includes the accumulated fair value of derivatives qualifying for cash flow hedge accounting, net of tax, as well as forward points and currency basis spread.Note 4.2 Borrowings and lease liability reconciliationNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12021 Addi- Disposals Transfers, Foreign Other2022tionsassets exchange held for move- salementsBank and other credit institutions 1,443 -999 612 - -13 10 - 1,053 2Issued bonds3,341 - - - - -177 -188 2,9763Total borrowings 4,784 -999 612 - -13 - 167 -188 4,029Borrowings:Classified as non-current 4,315 3,774 Classified as current 469 255 Leases:Lease liabilities 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 45Total leases 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 Leases:Classified as non-current 8,153 8,582Classified as current 2,398 3,032 Total borrowings and leases 15,335 -4,089 5,388 -433 -26 -340 -192 15,643 Derivatives hedge of borrowings, net 194 14 - - - 188 136 5321 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2022, USD 552m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash flow from borrowings of USD 999m is comprised of repayments of USD 800m, proceeds of USD 83m and decrease in cash overdrafts of USD 282m, which excludes additions from business acquired during 2022.4 Total cash outflow impact from leases for 2022 was USD 5.1bn, of which USD 1.5bn relates to other lease expenses and USD 518m to interest expense as disclosed separately in note 3.3 and netted by incentives received before the commencement date for certain leases.5 Additions include USD 571m of lease liabilities from businesses acquired during 2022.The maturity analysis of lease liabilities is disclosed in note 4.5.Note 4.2 Borrowings and lease liability reconciliation \u2013 continuedNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12020 Additions Disposals Foreign Other2021exchange move-mentsBank and other credit institutions 2,802 -1,364 9 - -4 - 1,4432Issued bonds3,824 -298 - - -95 -90 3,3413Total borrowings 6,626 -1,6629 - -99 -90 4,784Borrowings:Classified as non-current 5,868 4,315Classified as current 758 469Leases:45Lease liabilities 8,747 -2,2794,789-513 -192 -1 10,551Total leases 8,747 -2,279 4,789 -513 -192 -1 10,551Leases:Classified as non-current 7,356 8,153Classified as current 1,391 2,398Total borrowings and leases 15,373 -3,941 4,798 -513 -291 -91 15,335Derivatives hedge of borrowings, net 36 4 - - 95 59 1941 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2021, USD 452m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash outflow from borrowings of USD 1.7bn is comprised of repayments of USD 2.5bn, proceeds of USD 563m and increase in cash overdrafts of USD 272m, which excludes additions from business acquired during 2021.4 Total cash outflow impact from leases for 2021 was USD 4.4bn, of which USD 1.6bn relates to other lease expenses and USD 459m to interest expense as disclosed separately in note 3.3.5 Additions include USD 72m lease liabilities from businesses acquired during 2021.The maturity analysis of lease liabilities is disclosed in note 4.5.Financial liabilities are initially recognised at fair value less transaction costs. Subsequently, the financial liabil-ities are measured at amortised cost using the effective interest method, whereby transaction costs and any premium or discount are recognised as financial expenses over the term of the liabilities. Fixed interest loans subject to fair value hedge accounting are measured at amor-tised cost with an adjustment for the fair value of the hedged interest component.Lease liabilities are measured at the present value of the lease payments over the lease term, at the interest rate implicit in the lease, or at A.P. Moller - Maersk\u2019s incremen-tal borrowing rate (IBR). A.P. Moller - Maersk\u2019s IBR reflects the Group\u2019s credit risk, leased amount, and contract duration, as well as the nature and quality of the asset\u2019s security and economic environment in which the leased assets operate. To determine the IBR, where possible, A.P. Moller - Maersk uses recent third-party financing received by the individual lessee as a starting point, with adjustments to reflect changes in financing conditions since that financing was received. Where such financing is not available, A.P. Moller - Maersk uses a build-up ap-proach that starts with a risk- free interest rate adjusted by credit risk and specific risks faced by the lessee such as asset type, geographical risks, etc. Subsequently, the lease liability is measured at amor-tised cost with each lease payment allocated between the repayment of the liability and financing cost. The finance cost is charged to the income statement over the lease period, using the IBR that was used to discount the lease payments.The following lease payments are included in the net present value:\u2022 fixed payments (including in-substance fixed payments), less any lease incentives receivable\u2022 variable lease payments that are based on an index or a rate\u2022 amounts expected to be payable by the lessee under residual value guarantees\u2022 the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and pay-ments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.Payments associated with short-term leases and leases of low-value assets are recognised on a straight-line basis as an expense in profit/loss. Extension and termination options in lease contracts are included in contracts, where it is reasonably certain that A.P. Moller - Maersk will exercise the options. These terms are used to maximise operational flexibility in terms of managing contracts. In determining the lease term, management considers all facts and circumstances that create an economic incentive to exercise an exten-sion option, or not exercise a termination option. Exten-sion options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended or not terminated. Most of the extension and termination options held are exercisable only by A.P. Moller - Maersk and not by the respective lessor. This assessment is reviewed if a significant event or a significant change in circumstances occurs, which affects this assessment, and which is within the control of the lessee. Where A.P. Moller - Maersk will probably exercise specific purchase options, those options are included in the measurement of the lease liability with corresponding right-of-use asset depreciated over the asset\u2019s useful life rather than lease term.Note 4.3 Pensions and similar obligationsUK Other Total UK Other Total2022 2022 2022 2021 2021 2021Specification of net liabilityPresent value of funded plans 1,396 374 1,770 2,233 505 2,738Fair value of plan assets -1,583 -301 -1,884 -2,452 -406 -2,858Net liability of funded plans -187 73 -114 -219 99 -120Present value of unfunded plans - 105 105 - 105 105Impact of minimum funding requirement/asset ceiling 66 - 66 81 1 82Net liability 31 December -121 178 57 -138 205 67Of which:Pensions, net assets 134 148Pensions and similar obligations 191 215UK Total UK TotalSignificant financial assumptions 2022 2022 2021 2021Discount rate 4.8% 4.7% 2.0% 2.1%Inflation rate 3.5% 3.3% 3.5% 3.3%As employer, the Group participates in pension plans according to normal practice in the countries in which the Group operates. Generally, the pension plans within the Group are defined contribution plans, where contributions are recog-nised in the income statement on an accrual basis. A number of entities have defined benefit plans, in which retirement benefits are based on length of service and salary level. To a limited extent, these defined benefit plans also include payment of medical expenses, etc.In 2023, the Group expects to pay contributions totalling USD 25m (USD 36m) to funded defined benefit plans.The majority of the Group\u2019s defined benefit liabilities are 74% in the UK and 13% in the USA. All of the plans in the UK and the majority of the plans in the USA are funded. Although all of the UK plans are now closed to new entrants, active members in the two largest plans continue to accrue new benefits. The smaller UK plans are all closed to new accruals, although a salary link remains in some of the plans.Overall, the plans have an average duration of 12 years, and approximately 62% of the obligation is in respect of pensioner members.As well as being subject to the risks of falling interest rates, which would increase the obligation, poor asset returns and pensioners living longer than anticipated, the Group is also subject to the risk of higher-than- expected inflation. This is because many pension benefits, particularly in the UK plans, increase in line with inflation although some minimum and maximum limits apply.31 DecemberLife expectancy 2022 2042 2021 204165-year-old male in the UK 22.0 23.5 21.9 23.365-year-old female in the UK 24.3 25.8 24.2 25.5The sensitivity of the liabilities and pension costs to the key assumptions are as follows:Increase DecreaseSensitivities for key assumptions in the UKFactors \u2018Change in liability\u2019 2022 2022Discount rate Increase/(decrease) by 25 basis points -43 45Inflation rate Increase/(decrease) by 25 basis points 24 -20Life expectancy Increase/(decrease) by one year 63 -62UK Other Total UK Other TotalSpecification of plan assets 2022 2022 2022 2021 2021 2021Insurance contracts 1,172 54 1,226 1,829 68 1,897 Shares 52 15 67 81 100 181 Government bonds 130 37 167 203 117 320 Corporate bonds 53 176 229 199 100 299 Real estate 8 6 14 9 7 16 Other assets 168 13 181 131 14 145 Fair value 31 December 1,583 301 1,884 2,452 406 2,858 Rates of life expectancy reflect the most recent mortality investigations, and in line with market practice an allowance is made for future improvements in life expectancy. The Group assumes that future improvements will be in line with the latest projections of 1.25% for all UK plans. The liabilities are calculated using assumptions that are the Group\u2019s best estimate of future experience bearing in mind the requirements of IAS 19. The Group\u2019s plans are funded in accordance with applicable local legislation. In the UK, each plan has a Trustee Board that is required to act in the best interests of plan members. Every three years, a formal valuation of the plan\u2019s liabilities is carried out using a prudent basis, and if the plan is in deficit, the Trustees agree with the Group or the sponsoring employer on a plan for recovering that deficit. Around 85% of the UK liabilities are now covered by insurance policies. Therefore, movement in the liabilities due to change in assumptions would equally impact the assets value related to the buy-in policies, resulting in a reduced movement in the overall balance sheet position.Note 4.3 Pensions and similar obligations \u2013 continuedNo contributions to the UK plans are expected for 2023 (no contributions to the UK plans were expected for 2022). In most of the UK plans, any surplus remaining after the last member dies may be returned to the Group. However, the Merchant Navy Ratings Pension Fund (MNRPF), and the Merchant Navy Officers Pension Fund (MNOPF) contributions paid by the Group are not refundable in any circumstance and the balance sheet liability reflects an adjustment for any agreed deficit recovery contributions in excess of deficit determined using the Group\u2019s assumptions. In 2022 an adjustment of USD 3m (USD 3m) was applied in this respect. Other than the insurance contracts and a small proportion of other holdings, the plan assets held by the Group are quoted investments.Present Fair value Adjust-Net Of which:Change in net liabilityvalue of of plan mentsliabilityUKobligationsassets1 January 2022 2,843 2,858 82 67 -138Current service cost, administration cost etc. 23 -11 - 34 8Calculated interest expense/income 53 53 1 1 -2Recognised in the income statement in 2022 76 42 1 35 6 Actuarial gains/losses from changes in financial and demographic assumptions, etc. -666 -638 - -28 4Adjustment for unrecognised asset due to asset ceiling - - -8 -8 -8Recognised in other comprehensive income in 2022 -666 - 638 -8 -36 -4 Contributions from the Group and employees - 3 - -3 -Benefit payments -132 -119 - -13 -Effect of business combinations and disposals 3 - - 3 -Exchange rate adjustments -249 -262 -9 4 1531 December 2022 1,875 1,884 66 57 -121Present Fair value Adjust-Net Of which:Change in net liabilityvalue of of plan mentsliabilityUKobligationsassets1 January 2021 3,099 3,107 80 72 -185Current service cost, administration cost etc. 9 -12 - 21 10Calculated interest expense/income 50 51 1 - -3Recognised in the income statement in 2021 59 39 1 21 7Actuarial gains/losses from changes in financial and demographic assumptions, etc. -128 - - -128 -120Return on plan assets, exclusive calculated interest income - -150 - 150 165Adjustment for unrecognised asset due to asset ceiling - - 1 1 1Recognised in other comprehensive income in 2021 -128 -150 1 23 46Contributions from the Group and employees - 11 - -11 -6Benefit payments -146 -136 - -10 - Effect of business combinations and disposals -14 5 - -19 - Exchange rate adjustments -27 -18 - -9 - 31 December 2021 2,843 2,858 82 67 -138Note 4.3 Pensions and similar obligations \u2013 continuedMulti-employer plansUnder collective agreements, certain entities in the Group participate together with other employers in defined benefit pension plans as well as welfare/medical plans (multi-employer plans). In general, the contributions to the schemes are based on man hours worked or cargo tonnage handled, or a combination hereof.For the defined benefit pension plans, the Group has joint and several liabilities to fund total obligations. While the welfare/medical plans are by nature contribution plans funded on a pay-as-you-go basis. In 2022, the Group\u2019s con-tributions to the pension and welfare/medical plans are estimated at USD 124m (USD 97m) and USD 371m (USD 320m), respectively. The contributions to be paid in 2023 are estimated at USD 125m (USD 97m) for the pension plans and USD 374m (USD 335m) for the welfare/medical plans.No reliable basis exists for allocation of the schemes\u2019 obligations and plan assets to individual employer participants. For the pension plans where the Group has an interest and there is a deficit, the net obligations for all employer\u2019s amount to USD 19m (USD 97m). This net obligation is based on the most recent available financial data from the plan\u2019s trustees, calculated in accordance with the rules for such actuarial calculation in US GAAP. The deficit in some of the schemes may necessitate increased contributions in the future. Welfare/medical plans are pay-as-you-go and form a part of the Group\u2019s US collective bargaining agreements. They cover a limited part of employees\u2019 medical costs as occurred.Pension obligations are the net liabilities of defined benefit obligations and the dedicated assets adjusted for the effect of minimum funding and asset ceiling re-quirements. Plans with a funding surplus are presented as net assets on the balance sheet. The defined benefit obligations are measured at the present value of expected future payments to be made in respect of services pro-vided by employees up to the balance sheet date. Plan assets are measured at fair value. The pension cost charged to the income statement consists of calculated amounts for vested benefits and interest in addition to settlement of gains or losses, etc. Interest on plan assets is calculated with the same rates as used for discounting the obligations. Actuarial gains/losses are recognised in other comprehensive income. Pension plans where A.P. Moller - Maersk, as part of collective bargaining agreements, participates together with other enterprises \u2013 so called multi-employer plans \u2013 are treated as other pension plans in the financial state-ments. Defined benefit multi-employer plans, where suf-ficient information to apply defined benefit accounting is not available, are treated as defined contribution plans.Note 4.4 Financial income and expenses2022 20211,4Interest expenses on liabilities 815 8132Borrowing costs capitalised on assets 49 5Interest income on loans and receivables 436 52Fair value adjustment transferred from equity hedge reserve (loss) 33 37Net interest expenses 363 793Exchange rate gains on bank balances, borrowings and working capital 596 385Exchange rate losses on bank balances, borrowings and working capital 586 374Net foreign exchange gains/losses 10 11Fair value gains from derivatives 54 102Fair value losses from derivatives 319 251Net fair value gains/losses -265 -1493Dividends received from securities- 1Gains on payable contingent consideration - 3Impairment losses on financial assets 13 26Reversal of impairment losses on financial assets 2 9Financial expenses, net 629 944Of which:Financial income 1,088 552Financial expenses 1,717 1,4961 Of which USD 518m (USD 459m) relates to interest expense on lease liabilities.2 The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation is 4.6% (3.3%). 3 Of which USD 0m (USD 1m) pertains to shares held at the end of the year and USD 0m (USD 0m) pertains to shares sold during the year.4 Of which USD 0m (USD 37m) relates to expense from prepayment of issued bonds.For an analysis of gains and losses from derivatives, reference is made to note 4.5.Note 4.5 Financial instruments and risksThe gain/losses of the derivatives are recognised as follows: 2022 2021Hedging foreign exchange risk on revenue -7 15Hedging foreign exchange risk on operating costs -127 40Hedging interest rate risk -33 -37Hedging foreign exchange risk on the cost of non-current assets -30 -2Total effective hedging -197 16Ineffectiveness recognised in financial expenses 16 13Total reclassified from equity reserve for hedges -181 29Derivatives accounted for as held for trading:Currency derivatives recognised directly in financial income/expenses -276 -164Interest rate derivatives recognised directly in financial income/expenses -196 -92Oil prices and freight rate derivatives recognised directly in other income/costs -150 -165Net gains/losses recognised directly in the income statement -622 -421Total -803 -392The Group\u2019s derivatives are presented at fair value in the balance sheet.The Group\u2019s activities expose it to a variety of financial risks:\u2022 Market risks, i.e., currency risk, interest rate risk and oil price risk\u2022 Credit risk\u2022 Liquidity riskThe Group\u2019s overall risk management programme focuses on the unpredictability of financial markets and seeks to minimise the potential adverse effects on the Group\u2019s financial performance. The Group uses derivative financial instru-ments to hedge certain risk exposures. Risk management is carried out by a central finance department under policies approved by the Board of Directors. The finance department identifies, evaluates and hedges financial risks in close cooperation with the Group\u2019s entities. Market risk is the risk that changes in market prices, such as foreign exchange rates and interest rates, will affect the Group\u2019s profit or the value of its holdings of financial instruments. The sensitivity analyses in the currency risk and interest rate risk sections relate to the position of financial instruments at 31 December 2022. The sensitivity analyses for currency risk and interest rate risk have been prepared on the basis that the amount of net debt, the ratio of fixed to floating interest rates of the debt and the proportion of financial instruments in foreign currencies remain unchanged from hedge designations in place at 31 December 2022. Furthermore, it is assumed that the exchange rate and interest rate sensitivities have a symmetric impact, i.e. an increase in rates results in the same absolute movement as a decrease in rates. The sensitivity analyses show the effect on profit and equity of a reasonably possible change in exchange rates and interest rates. Hedges comprise primarily currency derivatives and interest rate derivatives, which are further described in the following sections.Currency riskThe Group\u2019s currency risk relates to the fact that while income from Ocean activities is denominated mainly in USD, the related expenses are incurred in both USD and a wide range of other currencies such as EUR, DKK, HKD, SGD, and CAD. As the net income is in USD, this is also the primary financing currency. Income and expenses from other activities, are mainly denominated in local currencies, thus reducing the Group\u2019s exposure to these currencies. The main purpose of hedging the Group\u2019s currency risk is to hedge the USD value of the Group\u2019s net cash flow and reduce fluctuations in the Group\u2019s profit. The Group uses various financial derivatives, including forwards, option contracts and cross-currency swaps, to hedge these risks. The key aspects of the currency hedging policy are:\u2022 Net cash flows in other significant currencies than USD are hedged using a layered model with a 12-months horizon\u2022 Significant capital commitments or divestments in other currencies than USD are hedged\u2022 Most non-USD debt is hedged, however, depending on the asset-liability match and the currency of the generated cash flow.Currency derivatives hedge future revenue, operating costs and investments/divestments, and are recognised on an ongoing basis in the income statement and the cost of property, plant and equipment, respectively. There is not any proxy hedging for the currency risk hedging, and therefore the economic relationship between the hedged exposure and the hedge is high. Effectiveness is assessed using the critical terms match approach according to IFRS 9. Hedges of future revenue and operating costs matures within a year (matures within a year). Hedges of investments matures within a year (matures within a year). For hedges related to operating cash flows and investments, a gain of USD 94m in 2022 (loss of USD 150m) is recognised in other comprehensive income, and the cash flow hedge reserve amounts to a gain of USD 53m at 31 December (loss of USD 41m). For hedges where the cost of hedging is applied, the forward points are recognised in other comprehensive income and transferred with the effective hedge when the hedged transaction occurs. The cost of hedging reserve amounts to USD 0m (USD 0m). There was no ineffectiveness in 2022 (no ineffectiveness). Besides the designated cash flow hedges in the table, the Group uses derivatives to hedge currency exposures that do not qualify for hedge accounting. These derivatives are classified as fair value through profit or loss. The average FX hedge rates for swaps in cash flow hedge were EUR/USD 1.18 (1.18), GBP/USD 1.52 (1.52), USD/NOK 8.25 (8.25) and USD/SEK 8.88 (8.88). The average FX hedge rates for swaps in combined fair value hedge were EUR/USD 1.24 (1.24), GBP/USD 1.52 (1.52), USD/NOK 8.25 (8.25), and USD/JPY 119.39 (119.39).Note 4.5 Financial instruments and risks \u2013 continuedHedge of operating cash flows and Fair value, Fair value, Nominal Average investments in foreign currenciesassetliabilityamount of hedge ratederivativeMain currencies hedged2022EUR 24 5 749 EUR/USD 1.05DKK 14 3 312 USD/DKK 7.08HKD 1 - 210 USD/HKD 7.81Other currencies 35 15 1,056 N/ATotal 74 23 -2021EUR 5 25 876 EUR/USD 1.20DKK - 10 282 USD/DKK 6.32HKD - 1 179 USD/HKD 7.78Other currencies 10 20 849 N/ATotal 15 56Derivatives recognised at fair value in the balance sheet 2022 2021Non-current receivables 10 33Current receivables 198 40Non-current liabilities 495 217Current liabilities 77 95Assets, net -364 -239Fair valueRecognised at fair value through profit and loss 2022 2021Currency derivatives 86 -14Total 86 -14The Group\u2019s sensitivity to an increase in the USD exchange rate of 10% against all other significant currencies to which the Group is exposed is estimated to have the following impact.The sensitivities are based only on the impact of financial instruments that are outstanding at the balance sheet date and are thus not an expression of the Group\u2019s total currency risk.Profit before tax Equity before taxCurrency sensitivity for financial instruments 2022 2021 2022 2021EUR 30 -108 -38 -141CNY 34 -88 27 -88DKK -221 -25 -249 -51Other -133 -154 -224 -208Total -290 -375 -484 -488Note 4.5 Financial instruments and risks \u2013 continuedInterest rate riskMaturityFair Fair Nominal 0-1 year 2-5 years 5- years Gain/loss Gain/loss Average value, value, amount on on hedge Interest rate assetliabilityof hedged hedging ratehedging of derivativeiteminstru-borrowingsment2022Combined fair value hedge, hedge of borrowingsEUR - 127 486 - 401 85 35 -54 6.2%GBP - 29 84 - 84 - 4 -7 6.8%JPY - 12 95 - 95 - - -3 6.1%NOK - 64 223 - 223 - 17 -22 6.8%Fair value hedge, hedge of borrowingsUSD - 73 900 - 500 400 75 -73 6.7%Cash flow hedge, hedge of borrowingsEUR - 145 934 - 400 534 - -56 3.2%GBP - 77 277 - 277 - - -5 4.6%NOK - 5 26 26 - - - - 3.3%SEK - 11 61 - 61 - - - 1.7%USD 11 - 391 150 200 41 - 12 2.7%Total 11 543 3,477 176 2,241 1,060 131 -2082021Combined fair value hedge, hedge of borrowingsEUR 2 31 516 - 425 91 -33 16 1.8%GBP - 11 95 - 95 - -3 1 2.5%JPY 3 - 109 - 109 - -2 -2 1.7%NOK - 27 250 - 250 - 5 -11 2.5%Fair value hedge, hedge of borrowingsUSD 30 - 900 - 500 400 -29 30 2.2%Cash flow hedge, hedge of borrowingsEUR - 69 992 - 425 567 - -35 3.2%GBP - 49 311 - 311 - - -11 4.6%NOK - 2 29 - 29 - - -1 3.3%SEK - - 74 - 74 - - - 0.0%USD 2 42 948 - 230 718 - -39 2.3%Total 37 231 4,224 - 2,448 1,776 -62 -52The Group has most of its debt denominated in USD, but part of the debt (e.g., issued bonds) is in other currencies such as EUR, GBP, NOK, and JPY. The Group strives to maintain a combination of fixed and floating interest rates on its net debt, reflecting expectations and risks. The hedging of interest rate risk is governed by a range of gross debt paying fixed interest. The level at 31 December is 43% (41%) excluding IFRS 16 leases. A general increase in interest rates by one percentage point is estimated, all else being equal, to affect profit before tax and equity, excluding tax effect, positively by approx. USD 215m (positively by USD 152m) and positively by approx. USD 199m (positively by USD 146m), respectively. This analysis assumes that all other variables, in particular foreign currency rates, remain constant. The hedging of the interest rate risk is done by cross-currency swaps and interest rate swaps. The hedging is a mix of fair value hedging, combined fair value hedging and cash flow hedging. The hedges are expected to be highly effective due to the nature of the economic relationship between the exposure and the hedge. The source of ineffectiveness is the credit risk of the hedging instruments. For hedges where the cost of hedging is applied, the change in basis spread is recognised in other comprehensive income and is a time effect during the lifetime of the swap and at maturity amounts to 0. If the hedged transaction is prepaid, the change in basis spread will be recognised in profit or loss as ineffectiveness. The cost of hedging reserve amounts to a gain of USD 15m (gain of USD 6m).Note 4.5 Financial instruments and risks \u2013 continuedCarrying Next interest rate fixingamountBorrowings and lease liabilities by interest rate levels inclusive of interest rate swaps 0-1 year 1-5 years 5- years20220-3% 1,095 202 120 7733-6% 12,117 3,607 5,214 3,2966%- 2,431 1,918 231 282Total 15,643 5,727 5,565 4,351Of which:Bearing fixed interest 13,400Bearing floating interest 2,24320210-3% 3,510 2,531 -29 1,0083-6% 11,124 2,306 5,426 3,3926%- 701 71 239 391Total 15,335 4,908 5,636 4,791Of which:Bearing fixed interest 12,908Bearing floating interest 2,427Oil price riskMaturityQuantity, Average trade Average Fair value 0-3 months 4-12 monthsmillion price per durationmetric tonnesmetric tonne2022Oil swaps -1 0-1 year 25 20 5Buy 10 517 -132 -135 3Sell -11 512 157 155 2Oil futures - 0-1 year 5 5 -Buy 1 739 -2 -3 1Sell -1 749 7 8 -1Total -1 30 25 52021Oil swaps -1 0-1 year 10 11 -1Buy 9 563 165 161 4Sell -10 492 -155 -150 -5Oil futures - 0-1 year - -1 1Buy 1 564 11 10 1Sell -1 480 -11 -11 -Total -1 10 10 -The majority of the Group\u2019s trading of commodity products is related to inventory stocks of crude oil and bunker oil, as the products are bought in larger quantities and stored for processing and re-sale. The oil price risk arising from these oil price exposures is mitigated by entering into commodity derivative agreements. The overall exposure limit is set in the Group\u2019s risk policy, defining a maximum net open position for the Group. On 31 December 2022, the Group has entered into oil derivative positions shown in the table.Credit riskMaturity analysis of trade receivables 2022 2021Receivables not due 5,220 4,090Less than 90 days overdue 1,660 1,28591 \u2013 365 days overdue 264 133More than 1 year overdue 92 100Receivables, gross 7,236 5,608Provision for bad debt 265 205Carrying amount 6,971 5,403The loss allowance provision for trade receivables as at 31 December 2022 reconciles to the opening loss allowance as follows:Change in provision for bad debt 2022 20211 January 205 170Provision made 331 196Amount used 105 81Amount reversed 165 81Acquired in business combinations 13 -Transfers, assets held for sale -13 -1Exchange rate adjustments and others -1 231 December 265 205Trade receivablesThe Group has exposure to financial and commercial counterparties, but has no particular concentration of customers or suppliers. To minimise the credit risk, financial vetting is undertaken for all major customers and financial institu-tions, adequate security is required for commercial counterparties, and credit limits are set for financial institutions and key commercial counterparties.The Group applies the simplified approach to providing the expected credit losses prescribed by IFRS 9, which per-mits the use of the lifetime expected loss provision for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. In accordance with IFRS 9, non-due trade receivables have also been considered for impairment.Approximately 31% (44%) of the provision for bad debt is related to trade receivables overdue by more than one year.Other financial assets at amortised costOther financial assets at amortised cost comprise loans receivable, finance lease receivables and other receivables. These financial assets are considered to have low credit risk, and thus the impairment provision calculated based on 12 months of expected losses is considered immaterial. The financial assets are considered to be low risk when they have a low risk of default, and the issuer has a strong capacity to meet its contractual cash flow obligations in the near term.Financial institutionsDeposits and bank balances are primarily held in relationship banks with a credit rating of at least A-. No individual counter-party exposure is above 10%. A.P. Moller - Maersk has ISDA agreements for trading of derivatives, under which the Group has a right to net settlement in the event of certain credit events. This results in the credit risk being limited to the net position per counterparty.Liquidity riskNet interest-bearing debt and liquidity reserve 2022 2021Borrowings 15,643 15,335Net interest-bearing debt (net cash position) -12,632 -1,530Cash and bank balances 10,057 11,832Restricted cash -1,358 -1,319Term deposits not included in cash and cash balances 17,615 5,025Securities 942 3Undrawn revolving credit facilities > 12 months 6,000 6,0001Liquidity reserve33,256 21,541 1 Liquidity reserve is defined as undrawn committed revolving facilities with more than one year to expiry, securities, term deposits not included in cash and bank balances and cash and bank balances, excluding securities and balances in countries with exchange control or other restrictions.For information about cash and bank balances in countries with exchange control or other restrictions, please see text to the consolidated cash flow statement.Based on the liquidity reserve, loans for the financing of specific assets, the maturity of outstanding loans, and the current investment profile, the Group\u2019s financial resources are deemed satisfactory.The average term to maturity of loan facilities in the Group was about five years (about six years) at 31 December 2022.Note 4.5 Financial instruments and risks \u2013 continuedCarrying Cash flows including interestMaturities of liabilities amountand commitments0-1 year 1-5 years 5- years Total2022Bank and other credit institutions 1,053 293 493 550 1,336Lease liabilities 11,614 3,479 6,467 4,239 14,185 \u2013 hereof interest 448 1,010 1,113 2,571Issued bonds 2,976 113 2,141 1,130 3,384Trade payables 6,804 6,804 - - 6,804Other payables 1,846 1,696 129 21 1,846Non-derivative financial liabilities 24,293 12,385 9,230 5,940 27,555Derivatives 572 77 356 139 572Total recognised in balance sheet 24,856 12,462 9,586 6,079 28,127Capital commitments 1,313 3,007 705 5,025Total 13,775 12,593 6,784 33,1522021Bank and other credit institutions 1,443 505 484 652 1,641Lease liabilities 10,551 2,797 6,100 4,222 13,119 \u2013 hereof interest 399 974 1,195 2,568Issued bonds 3,341 91 2,510 1,258 3,859Trade payables 6,241 6,241 - - 6,241Other payables 1,487 1,333 141 13 1,487Non-derivative financial liabilities 23,063 10,967 9,235 6,145 26,347Derivatives 312 95 181 36 312Total recognised in balance sheet 23,375 11,062 9,416 6,181 26,659Capital commitments 1,097 1,691 495 3,283Total 12,159 11,107 6,676 29,942It is of great importance for the Group to maintain a financial reserve to cover the Group\u2019s obligations and investment opportunities and to provide the capital necessary to offset changes in the Group\u2019s liquidity due to changes in the cash flow from operating activities.The flexibility of the financial reserve is subject to ongoing prioritisation and optimisation, among other things by focusing on the release of capital and following up on the development in working capital.Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.Note 4.6 Financial instruments by category3Carrying amount Fair value 2022 2021 2022 2021Carried at amortised costLoan receivables 17,677 5,143 17,618Lease receivables 13 19Other interest-bearing receivables and deposits 106 63Trade receivables 6,971 5,403Other receivables (non-interest-bearing) 1,680 891Securities 942 -Cash and bank balances 10,057 11,832Financial assets at amortised cost 37,446 23,351Derivatives 208 73Carried at fair value through profit/loss1Other receivables (non-interest-bearing)3 4Securities - 3Financial assets at fair value through profit or loss 3 7Carried at fair value through other comprehensive income2Equity investments (FVOCI)377 318Financial assets at fair value through OCI 377 318Total financial assets 38,034 23,749Carried at amortised costBank and other credit institutions 1,053 1,443 1,054 1,442Lease liabilities 11,614 10,551Issued bonds 2,976 3,341 2,855 3,537Trade payables 6,804 6,241Other payables 1,716 1,377Financial liabilities at amortised cost 24,163 22,953Derivatives 572 312Carried at fair valueOther payables 130 110Financial liabilities at fair value 130 110Total financial liabilities 24,865 23,3751 Relates to contingent considerations receivable.2 Designated at initial recognition in accordance with IFRS 9.3 Where no fair value is stated, the amount equals carrying amount.Movement during the year Other equityOther Total Other Total in level 3investmentsreceivablesfinancial payablesfinancial (FVOCI)assetsliabilitiesCarrying amount 1 January 2022 263 3 266 110 110Additions 36 - 36 84 84Disposals 28 - 28 63 63Gains/losses recognised in the income statement - - - -2 -2Gains/losses recognised in other comprehensive income 71 - 71 - -Exchange rate adjustments, etc. - - - 1 1Carrying amount 31 December 2022 342 3 345 130 130 Carrying amount 1 January 2021 89 3 92 58 58Additions 62 - 62 63 63Gains/losses recognised in other comprehensive income 130 - 130 - - Transfers to level 1 -18 -18Exchange rate adjustments, etc. - - - -11 -11Carrying amount 31 December 2021 263 3 266 110 110Financial instruments measured at fair valueFinancial instruments measured at fair value can be divided into three levels:Level 1 \u2014 Quoted prices (unadjusted) in active markets for identical assets or liabilitiesLevel 2 \u2014 Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices) andLevel 3 \u2014 Inputs for the asset or liability that are not based on observable market data.Fair value of listed securities is within level 1 of the fair value hierarchy. Non-listed shares and other securities are within level 3 of the fair value hierarchy.Fair value of derivatives is mainly within level 2 of the fair value hierarchy and is calculated based on observable market data as of the end of the reporting period. A minor amount of crude oil price derivatives is within level 1 of the fair value hierarchy.Fair value of level 3 assets and liabilities is primarily based on the present value of expected future cash flows.A reasonably possible change in the discount rate is not estimated to affect the Group\u2019s profit or equity significantly.Financial instruments carried at amortised costFair value of the short-term financial assets and other financial liabilities carried at amortised cost is not materially different from the carrying amount. In general, fair value is determined primarily based on the present value of expected future cash flows. Where a market price was available, however, this was deemed to be the fair value.Fair value of listed issued bonds is within level 1 of the fair value hierarchy. Fair value of the remaining borrowing items is within level 2 of the fair value hierarchy and is calculated based on discounted future cash flows. Other equity investments (FVOCI)The Group has investments in equity shares of both listed and non-listed companies. The Group holds non-controlling interests (between 0.1% and 15%) in these companies. These investments were irrevocably designated at fair value through OCI as the Group considers these investments to be strategic in nature.Note 5.1 Tax and deferred tax2022 2021Tax recognised in the income statementCurrent tax on profits for the year 782 582Adjustment for current tax of prior periods 44 93Utilisation of previously unrecognised deferred tax assets -23 -6Total current tax 803 669Origination and reversal of temporary differences -143 -58Adjustment for deferred tax of prior periods 49 10Adjustment attributable to changes in tax rates and laws - -5Recognition of previously unrecognised deferred tax assets - -79Reassessment of recoverability of deferred tax assets, net 1 22Total deferred tax -93 -110Total income tax 710 559Tonnage and freight tax 200 138Total tax expense 910 697Tax reconciliationProfit/loss before tax 30,231 18,730Profit/loss subject to Danish and foreign tonnage taxation, etc. -28,999 -17,578Share of profit/loss in joint ventures 192 -162Share of profit/loss in associated companies -324 -324Profit/loss before tax, adjusted 1,100 666Tax using the Danish corporation tax rate (22%) 242 147Tax rate deviations in foreign jurisdictions 31 55Non-taxable income -21 -41Non-deductible expenses 171 153Adjustment to previous years\u2019 taxes 94 103Effect of changed tax rate - -5Change in recoverability of deferred tax assets -22 -63Deferred tax asset not recognised 29 42Other differences, net 186 168Total income tax 710 559Effective tax rate 3.0% 3.7%Tax recognised in other comprehensive income and equity -20 - Of which:117Current tax -26 9.. 118Deferred tax 6 -9119Note 5.1 Tax and deferred tax \u2013 continuedRecognised deferred tax assets and liabilities are attributable to the following:Assets Liabilities Net liabilities2022 2021 2022 2021 2022 2021Intangible assets 44 54 453 232 409 178Property, plant and equipment 51 46 314 310 263 264Provisions, etc. 248 155 173 55 -75 -100Tax loss carry- forwards 103 134 - - -103 -134Other 119 92 106 48 -13 -44Total 565 481 1,046 645 481 164Offsets -166 -125 -163 -125 3 - Total 399 356 883 520 484 164Change in deferred tax, net, during the year 2022 20211 January 164 276Intangible assets 39 -49Property, plant and equipment 21 22Provisions, etc. -146 -37Tax loss carry-forwards 27 -51Other -34 5Recognised in the income statement -93 -110Transfer to held for sale -14 1Other including business combinations 427 -331 December 484 164Unrecognised deferred tax assets 2022 2021Deductible temporary differences 125 140Tax loss carry-forwards 782 770Unused tax credits 11 10Total 918 920The unrecognised deferred tax assets have no significant time limitations. There are no substantial unrecognised tax liabilities on investments in subsidiaries, associated companies and joint ventures.Taxation of activitiesAs a global integrator of container logistics, A.P. Moller - Maersk generates profits from ocean, air or land-based activities.The land-based activities, which are subject to normal corporate income tax, include terminals, logistics, services and shipping agencies through which the Group operate one of the world\u2019s most comprehensive port and integrated logistics service networks. The logistics products include transportation, warehousing and distribution including cold storage, customs services and supply chain management services. This expanding land-based activity has prompted the establishment and acquisition of entities in numerous countries. On the ocean, A.P. Moller - Maersk moves over 26m TEUs every year and operates 700+ vessels delivering cargo to every corner of the globe, including dry cargo commodities, refrigerated cargo and dangerous cargo. This ocean activity, which represents the vast majority of the Group\u2019s current revenues, may be subject to special shipping tax rules, including tonnage and freight taxes.Deferred tax assetsJudgement has been applied with respect to A.P. Moller - Maersk\u2019s ability to utilise deferred tax assets. Management considers the likelihood of utilisation based on the latest business plans and the recent financial performances of the individual entities. Net deferred tax assets recognised in entities having recognised an accounting loss in either the current or preceding period amount to USD 163m (USD 124m). These assets mainly relate to the tax value of the difference between the accounting value and the fair market value of the bond debt as well as to unused tax losses or deductible tem-porary differences generated during the construction of terminals, where taxable profits have been generated either in the current period or are expected to be gener-ated within the foreseeable future.Uncertain tax positionsA.P. Moller - Maersk is engaged in a number of disputes with tax authorities of varying scope. Appropriate pro-visions and recognition of uncertain tax positions have been made where the probability of the tax position being upheld in individual cases is considered less than 50%. Claims for which the probability of A.P. Moller - Maersk\u2019s tax position being upheld is assessed by management to be at least 50%, are not provided for. Such risks are in-stead evaluated on a portfolio basis by geographical area and country risk. Provisions and uncertain tax liabilities are recognised when the aggregated probability of the tax position being upheld is considered less than 50%.Tax comprises an estimate of current and deferred in-come tax as well as adjustments to previous years taxes. Income tax is tax on taxable profits, and consists of corporation tax, withholding tax of dividends, etc. In addi-tion, tax comprises tonnage tax. Tonnage tax is classified as tax when creditable in, or paid in lieu of, income tax. Tax is recognised in the income statement to the extent that it arises from items recognised in the income state-ment, including tax on gains on intra-group transactions that have been eliminated in the consolidation.Deferred tax is calculated on temporary differences be-tween the carrying amounts and tax bases of assets and liabilities. Deferred tax is not recognised for differences on the initial recognition of assets or liabilities, where at the time of the transaction neither accounting nor taxable profit/loss is affected, unless the differences arise in a business combination. In addition, no deferred tax is recognised for undistributed earnings in subsid-iaries, when A.P. Moller - Maersk controls the timing of dividends. No taxable dividends are currently expected. A deferred tax asset is recognised to the extent that it is probable that it can be utilised within a foreseeable future.Note 5.2 Share-based paymentsMembers of Other key Total Total fair 1,2the Executive management value1Boardpersonnel and 4employeesOutstanding restricted shares No. No. No. USD million1 January 2022 5,268 16,618 21,886Granted 1,289 5,431 6,720 173Exercised and vested- 4,458 4,458Forfeited - 338 338Outstanding 31 December 2022 6,557 17,253 23,8101 January 2021 3,493 14,198 17,691Granted 1,775 6,107 7,882 193Exercised and vested - 3,542 3,542Forfeited - 134 134Cancelled - 11 11Outstanding 31 December 2021 5,268 16,618 21,8861 The fair value per RSU is equal to the volume weighted average share price on the date of grant i.e., 1 April 2022 (1 April 2021), adjusted for expected dividends during the vesting period. The fair value per RSU is 17,466 DKK (14,793 DKK) for Employees and 15,763 DKK (14,793 DKK) for Members of the Executive Board and other key management personnel.2 Total fair value is at the time of grant.3 The weighted average share price at the settlement date was DKK 20,372 (DKK 14,793).4 Restricted shares granted to other key management personnel during the year was 115 (154) and outstanding at year-end was 403 (428).Restricted shares planRestricted shares are awarded to certain key employees and members of the Executive Board annually. Each restricted share granted is a right to receive an existing B share of nominal DKK 1,000 in A.P. M\u00f8ller - M\u00e6rsk A/S.Transfer of restricted shares is contingent upon the employee still being employed and not being under notice of termination, and takes place when three years have passed from the date of grant. For members of the Executive Board and other key management personnel, the vesting period is five years.The members of the Executive Board, other key management personnel and employees are not entitled to any dividends during the vesting period. Special conditions apply regarding illness, death and resignation as well as changes in the company\u2019s capital structure, etc. A part of A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 treasury B shares will be used to meet the company\u2019s obligations in connection with the restricted shares plan.The recognised remuneration expense related to the restricted shares plan is USD 15m (USD 9m).The average remaining contractual life for the outstanding restricted shares as per 31 December 2022 is 1.6 years (1.8 years).Members of Other key Total Average Total fair the Executive management exercise valueBoardpersonnel and price 2employeesOutstanding share options No. No. No. DKK USD million1 January 2022 24,930 77,831 102,761 9,873Granted 4,677 15,481 20,158 25,096 91Exercised 8,866 18,486 27,352 7,998Forfeited 1,141 1,390 2,531 19,818Outstanding 31 December 2022 19,600 73,436 93,036 13,452Exercisable 31 December 2022 - 7,071 7,071 8,6371 January 2021 20,540 67,890 88,430 8,670Granted 7,323 20,891 28,214 13,754 17Exercised 2,933 10,950 13,883 9,988Outstanding 31 December 2021 24,930 77,831 102,761 9,873Exercisable 31 December 2021 3,496 4,080 7,576 9,9411 The weighted average share price at the dates of exercise of share options exercised in 2022 was DKK 19,833 (DKK 16,490).2 Share options granted to other key management personnel during the year was 570 (828) and outstanding at year-end was 2,243 (2,378).Share options planIn addition to the restricted shares plan, A.P. Moller - Maersk has a share option plan for members of the Executive Board and other key employees. Each share option granted is a call option to buy an existing B share of nominal DKK 1,000 in A.P. M\u00f8ller - M\u00e6rsk A/S.The share options are granted at an exercise price corresponding to 110% of the average of the market price on the first five trading days following the release of A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 most recent Annual Report. Exercise of the share options is contingent upon the option holder still being employed at the time of vesting, which takes place when three years have passed from the date of grant. The share options can then be exercised when at least three years and no more than six years (seven years for share options granted to employees not members of the Executive Board) have passed from the date of grant. Special conditions apply regarding illness, death, and resignation as well as changes in the company\u2019s capital structure, etc.The share options can only be settled in shares. A part of A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 holding of treasury B shares will be used to meet the company\u2019s obligations in respect of the share option plan.The recognised remuneration expense related to the share option plan is USD 11m (USD 8m).The average remaining contractual life for the outstanding stock options as per 31 December 2022 is 4.6 years (4.8 years), and the range of exercise prices for the outstanding stock options as per 31 December 2022 is DKK 7,605 to DKK 25,096 (DKK 7,605 to DKK 13,754).Note 5.2 Share-based payments \u2013 continuedThe following principal assumptions are used in the valuation:Share options grantedShare options granted to to members of the employees Executive Board and other key management personnelOutstanding share options 2022 2021 2022 2021Share price, volume weighted average at the date of grant, 1 April, DKK 20,372 14,793 20,372 14,793Share price, five days volume weighted average after publication of Annual Report, DKK 22,814 12,503 22,814 12,503Exercise price, DKK 25,096 13,754 25,096 13,754Expected volatility (based on historic volatility) 33% 33% 33% 33%Expected term (years) 5 5 5.75 5.75Expected dividend yield 5.0% 2.2% 5.0% 2.2%Risk-free interest rate 0.31% -0.47% 0.35% -0.43%Fair value per option at grant date, DKK 2,859 3,670 3,082 3,837 The fair value of the options granted is based on the Black-Scholes option pricing model using the assumptions in the table above.Equity-settled restricted shares and share options awarded to members of the executive board and to employees of A.P. Moller - Maersk as part of A.P. Moller - Maersk\u2019s long-term incentive programme are recognised as remunera-tion expense over the vesting period as per the estimated fair value at the grant date and result in a corresponding adjustment to equity.At the end of each reporting period, A.P. Moller - Maersk revises its estimated number of awards that are expected to vest based on the non-market vesting conditions and service conditions. Any impact of the revision is recog-nised in the income statement with a corresponding adjustment to equity.Note 5.3 CommitmentsThe future charter and operating lease payments are:Ocean Logistics Terminals Towage Total& Services& Maritime Lease commitmentsServices2022Within one year 53 41 12 2 108Total 53 41 12 2 1082021Within one year 101 4 13 4 122Total 101 4 13 4 122Ocean Logistics Terminals Towage Total& Services& Maritime Capital commitmentsServices2022Capital commitments relating to the acquisition of non-current assets 3,036 140 414 505 4,095Commitments towards concession grantors - - 930 - 930Total capital commitments 3,036 140 1,344 505 5,0252021Capital commitments relating to the acquisition of non-current assets 1,753 89 183 87 2,112Commitments towards concession grantors 208 - 963 - 1,171Total capital commitments 1,961 89 1,146 87 3,283Short-term and low-value leasesAs part of the Group\u2019s activities, customary agreements are entered into regarding charter and operating leases of ships, containers, port facilities, etc.The increase in capital commitments is primarily related to new vessel contracts entered into during 2022.USD 5.0bn (USD 3.3bn) relates to investments, mainly within the Ocean and Terminals segments.Commitments related to the newbuilding programme for container vessels are USD 2.7bn (USD 1.1bn), USD 389m (USD 0m) for other vessels related to vertical installers, USD 110m (USD 77m) for tugboats and USD 89m (USD 89m) for aircraft.Note 5.3 Commitments \u2013 continuedNewbuilding programme at 31 December 2022 2023 2024 2025 2026 TotalContainer vessels 1 8 10 - 19Aircraft - - 2 - 2Tugboats 21 2 - 23Other vessels - - 1 - 1Total 22 10 13 - 45 Capital commitments relating to the newbuilding programme at 31 December 2022 2023 2024 2025 2026 TotalContainer vessels 414 1,091 1,159 - 2,664Aircraft - - 89 - 89 Tugboats 107 3 - 110Other vessels 22 - 367 - 389Total 543 1,094 1,615 - 3,252Note 5.4 Contingent liabilities Except for customary agreements within the Group\u2019s activities, no material agreements have been entered into that will take effect, change, or expire upon changes of the control over the company.Custom bonds of USD 472m (USD 490m) have been provided to various port authorities in India.Maersk Line and APM Terminals have entered into agreements with terminals and port authorities, etc., containing volume commitments, including an extra payment in case minimum volumes are not met.The Group is involved in several legal cases, tax and other disputes. Some of these involve significant amounts and are subject to considerable uncertainty. Management continuously assesses the risks associated with the cases and disputes, and their likely outcome. It is the opinion of management that, apart from items recognised in the financial statements, the outcome of these cases and disputes are not probable or cannot be reliably estimated in terms of amount or timing. The Group does not expect these to have a material impact on the consolidated financial statements.Tax may crystallise on repatriation of dividends. Through participation in a joint taxation scheme with A.P. M\u00f8ller Holding A/S, the Danish companies are jointly and severally liable for taxes payable, etc., in Denmark.As part of the divestment of M\u00e6rsk Olie & Gas A/S (MOGAS) to Total S.A. in 2018, A.P. M\u00f8ller - M\u00e6rsk A/S has assumed a secondary liability related to the decommissioning of the offshore facilities in Denmark by issuance of a declaration. A.P. M\u00f8ller - M\u00e6rsk A/S assesses the risk of economic outflows because of this secondary liability as very remote.Note 5.5 Cash flow specifications2022 2021Change in working capitalTrade receivables -1,018 -1,909Other working capital movements -731 346Exchange rate adjustment of working capital -59 -47Total -1,808 -1,610Purchase of intangible assets and property, plant and equipment1Additions-8,205 -8,240Of which right-of-use assets 4,210 4,722Of which borrowing costs capitalised on assets 49 5Change in payables to suppliers regarding purchase of assets, etc. -217 537Total -4,163 -2,9761 Additions to intangible assets of USD 349m (USD 224m), property, plant and equipment of USD 3.6bn (USD 3.3bn), right-of-use assets of USD 4.2bn (USD 4.7bn) and assets held for sale of USD 5m (USD 10m).Operations in countries with limited access to repatriating surplus cashA.P. Moller - Maersk operates worldwide and, in this respect, has operations in countries where the ability to repatriate surplus cash is complicated and time consuming. In these countries, management makes judgements as to whether these cash positions can be recognised as cash or cash equivalents.Cash flow from operating activities includes all cash transactions other than cash flows arising from investing and financing activities such as investments and divest-ments, received dividends, principal payments of loans, instalments on lease liabilities, paid and received finan-cial items and equity transactions. Capitalisation of bor-rowing costs is considered as a non-cash item, and the actual payments of these borrowing costs are included in cash flow from financing.Cash and cash equivalents comprise cash and bank balances net of bank overdrafts where overdraft facilities form an integral part of A.P. Moller - Maersk\u2019s cash management.Note 5.6 Related parties1Controlling Associated Joint ventures Management partiescompanies2022 2021 2022 2021 2022 2021 2022 2021Income statementRevenue 4 10 52 25 186 197 - - 22Operating costs 38 27 550 598 593 667 1412Remuneration to management - - - - - - 34 25Financial income 45 37 - - - - - - Other - - - - 2 2 - - AssetsOther receivables, non-current - 3 - - 27 32 - - Trade receivables 1 2 35 31 11 20 - - Other receivables, current 380 145 9 38 16 14 - - Cash and bank balances 730 721 - - - - - - LiabilitiesBank and other credit institutions, etc., current - - - - 44 23 - - Trade payables - - 62 71 82 88 2 2Other 45 16 - - 3 19 - - 33Shares bought back 1,332738- - - - - -Capital increase - - 31 49 1 33 - - Dividends earned - - 191 152 137 134 - -44Dividends distributed 3,613554- - - - - - 1 The Board of Directors and the Executive Board in A.P. M\u00f8ller - M\u00e6rsk A/S, A.P. M\u00f8ller Holding A/S, A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal and their close relatives (including undertakings under their control). Trade receivables and payables include customary business-related accounts regarding shipping activities.2 Includes commission and commercial receivables to Maersk Broker K/S from chartering as well as the purchase and sale of ships.3 Includes shares bought back from A.P. M\u00f8ller Holding A/S (2022 and 2021) and A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familiefond (the Foundation) (2022).4 Includes dividends paid to A.P. M\u00f8ller Holding A/S, A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familiefond (the Foundation) and Den A.P. M\u00f8llerske St\u00f8ttefond.Joint usage agreement with A.P. M\u00f8ller Holding A/SWith the objective of further strengthening the value of the brands, in 2018 A.P. M\u00f8ller - M\u00e6rsk A/S entered into a joint usage agreement with A.P. M\u00f8ller Holding A/S regarding the use of commonly used trademarks which historically have benefited both A.P. M\u00f8ller - M\u00e6rsk A/S and A.P. M\u00f8ller Holding A/S. A.P. M\u00f8ller Holding A/S is the controlling share-holder of A.P. M\u00f8ller - M\u00e6rsk A/S and is wholly owned by A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal. The joint usage agreement establishes a framework and a branding strategy for the commonly used trademarks and a joint brand board, where the parties can cooperate regarding the use of these trademarks.Share buy-back programmeAccording to a separate agreement, A.P. M\u00f8ller Holding A/S and A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familie fond (the Foundation) participate on a pro rata basis to the shares purchased in the company\u2019s share buy-back programme. A.P. M\u00f8ller Holding A/S participates in selling A and B shares and A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familiefond (the Foundation) participates in selling B shares. Note 5.7 Subsequent eventsOn 2 January 2023, the acquisitions of Martin Bencher Group and Grindrod Intermodal Group were closed. Reference is made to note 3.4 Acquisition/sale of subsidiaries and activites. A.P. Moller - Maersk announced a new organisational structure and a new Executive Leadership Team effective from 1 February 2023 following the appointment of Vincent Clerc as CEO of A.P. Moller - Maersk effective from 1 January 2023. On 27 January 2023 it was announced to move towards a singular and unified Maersk brand. A.P. M\u00f8ller Holding A/S, Copenhagen, Denmark has control over the company and prepares consolidated financial statements.A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal is the ultimate owner.SubsidiariesCompany Country of incorporation Owned shareA.P. Moller Singapore Pte. Ltd. Singapore 100%Alian\u00e7a Navega\u00e7\u00e3o e Log\u00edstica Ltda. Brazil 100%APM Terminals Algeciras S.A. Spain 100%APM Terminals Apapa Ltd. Nigeria 94%APM Terminals B.V. Netherlands 100%APM Terminals Barcelona S.L.U. Spain 100%APM Terminals Callao S.A. Peru 64%APM Terminals China Co. Ltd. Hong Kong 100%APM Terminals Elizabeth, LLC United States 100%APM Terminals Espagna Holding SL Spain 100%APM Terminals Gothenburg AB Sweden 100%APM Terminals Lazaro Cardenas S.A. de C.V. Mexico 100%APM Terminals Maasvlakte II B.V. Netherlands 100%APM Terminals Management S.L. Spain 100%APM Terminals Management B.V. Netherlands 100%APM Terminals MedPort Tangier S.A. Morocco 80%APM Terminals Mobile, LLC United States 100%APM Terminals Moin S.A. Costa Rica 100%APM Terminals North America Inc. United States 100%APM Terminals Pacific LLC United States 90%APM Terminals Valencia S.A. Spain 75%Aqaba Container Terminal Company (Pvt) Co. Jordan 50%1 Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG and Hamburg S\u00fcd A/S & Co KG, Hamburg, are in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.SubsidiariesCompany Country of incorporation Owned shareDamco China Ltd. China 100%Damco Denmark A/S Denmark 100%Damco Distribution Canada Inc. Canada 100%Damco Distribution Services Inc. United States 100%Damco Germany GmbH Germany 100%Damco Hong Kong Ltd. Hong Kong 100%Damco India Pvt. Ltd. India 100%Damco Logistics Mexico S.A. de C.V. Mexico 100%Damco Netherlands B.V. Netherlands 100%Damco Poland Sp. z o.o. Poland 100%Damco Spain S.L. Spain 100%Frey P/S Denmark 100%Gateway Terminals India Pvt. Ltd. India 74%Gujarat Pipavav Port Ltd. India 44%1Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG Germany 100%1Hamburg S\u00fcd A/S & Co KG Germany 100%LF Logistics (China) Co., Ltd. China 100%LF Logistics (Hong Kong) Limited Hong Kong 100%LF Logistics Holdings Limited Bermuda 100%LF Logistics Management Limited Hong Kong 100%Maersk A/S Denmark 100%Maersk Agency U.S.A. Inc. United States 100%Maersk Air Cargo A/S Denmark 100%Maersk Container Industry A/S Denmark 100%Maersk Container Industry Qingdao Ltd. China 100%Maersk Denizcilik A.S. Turkey 100%Maersk Global Service Centres (India) Pvt. Ltd. India 100%Maersk Holding B.V. Netherlands 100%Maersk Insurance A/S Denmark 100%Maersk Line Agency Holding A/S Denmark 100%Maersk Line, Limited United States 100%Maersk Logistics & Services Australia Pty Ltd Australia 100%Maersk Logistics & Services International A/S Denmark 100%Maersk Logistics & Services Japan K.K. Japan 100%Maersk Logistics & Services Peru S.A. Peru 100%Maersk Logistics & Services USA Inc United States 100%SubsidiariesCompany Country of incorporation Owned shareMaersk Logistics & Services Vietnam Company Limited Vietnam 100%Maersk Logistics and Services UK LTD United Kingdom 100%Maersk Oil Trading and Investments A/S Denmark 100%Maersk Oil Trading Inc. United States 100%Maersk Oil Trading Panama S.A. Panama 100%Maersk Oil Trading Singapore Pte. Ltd. Singapore 100%Maersk Oil Trading Spain, S.L Spain 100%Maersk Shipping Hong Kong Ltd. Hong Kong 100%Maersk Supply Service A/S Denmark 100%Maersk Supply Service Apoio Maritimo Ltda. Brazil 100%Maersk Supply Service International A/S Denmark 100%Maersk Supply Service UK Ltd. United Kingdom 100%Maersk Warehousing & Distribution Services USA LLC United States 100%Mainstreet 1878 (Pty) Ltd South Africa 100%New Times International Transport Service Co. Ltd. China 100%Pilot Air Freight, LLC United States 100%Pilot Customs Brokerage Services, LLC United States 100%Pilot Truck Brokerage, LLC United States 100%Sealand Europe A/S Denmark 100%Sealand Maersk Asia Pte. Ltd. Singapore 100%Senator International Freight Forwarding LLC Florida United States 100%1Senator International Spedition GmbH Germany 100%2 St. Petri Shipping ApS & Co KGGermany 100%Suez Canal Container Terminal SAE Egypt 55%Svitzer A/S Denmark 100%Svitzer Australia Pty Ltd Australia 100%Svitzer Europe Holding B.V. Netherlands 100%Svitzer Marine Ltd. United Kingdom 100%Terminal 4 S.A. Argentina 100%Visible Supply Chain Management LLC United States 100%1 Senator International Spedition GmbH, Hamburg, is in accordance with paragraph 264 Abs.3 HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.2 St. Petri Shipping ApS & Co KG, Hamburg, is in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.Associated companiesCompany Country of incorporation Owned shareAbidjan Terminal SA C\u00f4te d\u2019Ivoire 49%Brigantine Services Ltd. Hong Kong 30%Conakry Terminal S.A. Guinea 25%Congo Terminal SA Congo 15%Guangzhou South China Oceangate Container Terminal Co. Ltd. China 20%H\u00f6egh Autoliners Holdings AS Norway 26%Itapoa Terminais Portuarios S.A. Brazil 30%Kanoo Terminal Services Ltd. Saudi Arabia 50%Meridian Port Services Ltd. Ghana 35%Pelabuhan Tanjung Pelepas Sdn. Bhd. Malaysia 30%Qingdao Qianwan United Container Terminal Co. Ltd. China 10%Salalah Port Services Company SAOG Oman 30%South Asia Gateway Pvt. Ltd. Sri Lanka 33%Tianjin Port Alliance International Container Terminal Co. Ltd. China 20%Joint venturesCompany Country of incorporation Owned shareBlue Dragon Logistics Co. Ltd. China 50%Brasil Terminal Portuario S.A. Brazil 50%Cai Mep International Terminal Co. Ltd. Vietnam 49%Caucedo Marine Service S.A. (DR Branch) Dominican Republic 50%Cote D\u2019Ivoire Terminal SA C\u00f4te d\u2019Ivoire 49%LCB Container Terminal 1 Ltd. Thailand 35%LCMT Company Ltd. Thailand 32%Nakilat Svitzerwijsmuller Company W.L.L. Qatar 30%North Sea Terminal Bremerhaven Gmbh and Co KG Germany 50%Qingdao New Qianwan Container Terminal Co. Ltd. China 19%Qingdao Qianwan Container Terminal Co. Ltd. China 20%Shanghai East Container Terminal Co. Ltd. China 49%Smart International Logistics Company Ltd. China 49%South Florida Container Terminal LLC United States 49%Svitzer Caribbean Dominicana, S.A.S Dominican Republic 50%Xiamen Songyu Container Terminal Co. Ltd. China 25%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNotesAndOtherExplanatoryInformationExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-12-2": {
"value": "Basis of preparationThe consolidated financial statements for 2022 for A.P. Moller - Maersk have been prepared on a going concern basis and in accordance with the International Financial Reporting Standards (IFRS) as adopted by the EU and additional Danish disclosure requirements for listed companies. The consolidated financial statements of A.P. Moller - Maersk are included in the consolidated financial statements of A.P. M\u00f8ller Holding A/S.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-12-3": {
"value": "Basis of preparationThe consolidated financial statements for 2022 for A.P. Moller - Maersk have been prepared on a going concern basis and in accordance with the International Financial Reporting Standards (IFRS) as adopted by the EU and additional Danish disclosure requirements for listed companies. The consolidated financial statements of A.P. Moller - Maersk are included in the consolidated financial statements of A.P. M\u00f8ller Holding A/S.",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-13-2": {
"value": " The accounting policies are consistent with those applied in the consolidated financial statements for 2021, except for the changes to accounting standards that were effective from 1 January 2022 and were en-dorsed by the EU. The changes have not had a material impact on the financial statements.Change in reportable segmentsAs part of the refinement of A.P. Moller - Maersk\u2019s seg-ment structure, changes to the segment structure were made with effect from 1 January 2022. The changes involve moving the Svitzer activity from Terminals & Towage to Manufacturing & Others. In addition, the Manufacturing & Others segment has been renamed Towage & Maritime Services, while the Terminals & Towage segment has been renamed Terminals. Compar-ison figures for Note 2.1 Segment information have been restated as if the change had been implemented in 2021. The reportable segments are disclosed below. The allocation of business activities into segments reflects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businesses",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesAccountingEstimatesAndErrorsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-13-3": {
"value": " The accounting policies are consistent with those applied in the consolidated financial statements for 2021, except for the changes to accounting standards that were effective from 1 January 2022 and were en-dorsed by the EU. The changes have not had a material impact on the financial statements.Change in reportable segmentsAs part of the refinement of A.P. Moller - Maersk\u2019s seg-ment structure, changes to the segment structure were made with effect from 1 January 2022. The changes involve moving the Svitzer activity from Terminals & Towage to Manufacturing & Others. In addition, the Manufacturing & Others segment has been renamed Towage & Maritime Services, while the Terminals & Towage segment has been renamed Terminals. Compar-ison figures for Note 2.1 Segment information have been restated as if the change had been implemented in 2021. The reportable segments are disclosed below. The allocation of business activities into segments reflects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businesses",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-14-2": {
"value": "ESEF/iXBRL reportingA.P. M\u00f8ller - M\u00e6rsk A/S is required to prepare and file the annual report in the European Single Electronic For-mat (ESEF), and the annual report for 2022 is therefore prepared in the XHTML format that can be displayed in a standard browser. The primary statements and the notes to the consolidated financial statements are tagged using inline eXtensible Business Reporting Language (iXBRL). The iXBRL tags comply with the ESEF taxonomy, which is included in the ESEF Regulation and developed based on the IFRS taxonomy published by the IFRS Foundation. Where a financial statement line item or note is not defined in the ESEF taxonomy, an ex-tension to the taxonomy has been created. Extensions are anchored to elements in the ESEF taxonomy, except for extensions which are subtotals. The Annual Report submitted to the Danish Financial Supervisory Authority consists of the XHTML document together with certain technical files, all included in a file named APMM-2022-12-31-en.zip.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-15-4": {
"value": "Change in reportable segmentsAs part of the refinement of A.P. Moller - Maersk\u2019s seg-ment structure, changes to the segment structure were made with effect from 1 January 2022. The changes involve moving the Svitzer activity from Terminals & Towage to Manufacturing & Others. In addition, the Manufacturing & Others segment has been renamed Towage & Maritime Services, while the Terminals & Towage segment has been renamed Terminals. Compar-ison figures for Note 2.1 Segment information have been restated as if the change had been implemented in 2021. The reportable segments are disclosed below. The allocation of business activities into segments reflects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businesses",
"dimensions": {
"concept": "ifrs-full:DisclosureOfReclassificationsOrChangesInPresentationExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-17-2": {
"value": "ConsolidationThe consolidated financial statements comprise the parent company A.P. M\u00f8ller - M\u00e6rsk A/S, its subsidiaries and proportionate shares in joint arrangements classi-fied as joint operations. Subsidiaries are entities controlled by A.P. M\u00f8ller - M\u00e6rsk A/S. Control is based on the power to direct the relevant activities of an entity and the expo-sure, or right, to variable returns arising from it. In that connection, relevant activities are those that significantly affect the investee\u2019s returns. Control is usually achieved by directly or indirectly owning or in other ways con-trolling more than 50% of the voting rights or by other rights, such as agreements on management control. Joint arrangements are entities in which A.P. Moller - Maersk, according to contractual agree-ments with one or more other parties, has joint control. The arrangements are classified as joint ventures, if the contracting parties\u2019 rights are limited to net assets in the separate legal entities, and as joint operations, if the parties have direct and unlimited rights to the assets and obligations for the liabilities of the arrangement. Entities in which A.P. Moller - Maersk exercises a significant but non-controlling influence are considered associated companies. A significant influence is usually achieved by directly or indirectly owning or controlling 20-50% of the voting rights. Agreements and other cir-cumstances are considered when assessing the degree of influence. Consolidation is performed by summarising the financial statements of the parent company and its subsidiaries in accordance with A.P. Moller - Maersk\u2019s accounting policies. Intra-group income and expenses, shareholdings, dividends, intra-group balances and gains on intra-group transactions are eliminated. Unre-alised gains on transactions with associated companies and joint arrangements are eliminated in proportion to A.P. Moller - Maersk\u2019s ownership share. Unrealised losses are eliminated in the same way unless they indi-cate impairment. Non-controlling interests\u2019 share of profit/loss for the year and of equity in subsidiaries is included as part of A.P. Moller - Maersk\u2019s profit and equity respectively but shown as separate items.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-17-3": {
"value": "ConsolidationThe consolidated financial statements comprise the parent company A.P. M\u00f8ller - M\u00e6rsk A/S, its subsidiaries and proportionate shares in joint arrangements classi-fied as joint operations. Subsidiaries are entities controlled by A.P. M\u00f8ller - M\u00e6rsk A/S. Control is based on the power to direct the relevant activities of an entity and the expo-sure, or right, to variable returns arising from it. In that connection, relevant activities are those that significantly affect the investee\u2019s returns. Control is usually achieved by directly or indirectly owning or in other ways con-trolling more than 50% of the voting rights or by other rights, such as agreements on management control. Joint arrangements are entities in which A.P. Moller - Maersk, according to contractual agree-ments with one or more other parties, has joint control. The arrangements are classified as joint ventures, if the contracting parties\u2019 rights are limited to net assets in the separate legal entities, and as joint operations, if the parties have direct and unlimited rights to the assets and obligations for the liabilities of the arrangement. Entities in which A.P. Moller - Maersk exercises a significant but non-controlling influence are considered associated companies. A significant influence is usually achieved by directly or indirectly owning or controlling 20-50% of the voting rights. Agreements and other cir-cumstances are considered when assessing the degree of influence. Consolidation is performed by summarising the financial statements of the parent company and its subsidiaries in accordance with A.P. Moller - Maersk\u2019s accounting policies. Intra-group income and expenses, shareholdings, dividends, intra-group balances and gains on intra-group transactions are eliminated. Unre-alised gains on transactions with associated companies and joint arrangements are eliminated in proportion to A.P. Moller - Maersk\u2019s ownership share. Unrealised losses are eliminated in the same way unless they indi-cate impairment. Non-controlling interests\u2019 share of profit/loss for the year and of equity in subsidiaries is included as part of A.P. Moller - Maersk\u2019s profit and equity respectively but shown as separate items.Foreign currency translationThe consolidated financial statements are presented in USD, the functional currency of the parent company and the Group. In the translation to the presentation currency for subsidiaries, associates, or joint arrange-ments with functional currencies other than USD, the total comprehensive income is translated into USD at average exchange rates, and the balance sheet is trans-lated at the exchange rates as at the balance sheet date. Exchange rate differences arising from such translations are recognised directly in other comprehensive income and in a separate reserve of equity. The functional currency varies from business area to business area. For A.P. Moller - Maersk\u2019s principal shipping activities, the functional currency is typi-cally USD. This means, among other things, that the carrying amounts of property, plant and equipment and intangible assets and, hence, depreciation and amortisation, are maintained in USD from the date of acquisition. For other activities, including container terminal activities and land-based logistics activities, the functional currency is generally the local currency of the country in which such activities are performed, unless circumstances suggest a different currency is appropriate. Transactions in currencies other than the functional currency are translated at the exchange rate prevailing at the date of the transaction. Monetary items in foreign currencies not settled at the balance sheet date are translated at the exchange rate as at the balance sheet date. Foreign exchange gains and losses are included in the income statement as financial income or expenses.Share of profit/loss in associated companies and joint ventures is recognised net of tax and corrected for the share of unrealised intra-group gains and losses. The item also comprises any impairment losses for such investments and their reversal.Statement of comprehensive incomeOther comprehensive income consists of gains and losses not recognised in the income statement, includ-ing exchange rate adjustments arising from the transla-tion from functional currency to presentation currency, fair value adjustments of other equity investments (at FVOCI), cash flow hedges, forward points and currency basis spread as well as actuarial gains/losses on defined benefit plans, etc. A.P. Moller - Maersk\u2019s share of other comprehensive income in associated companies and joint ventures is also included. On disposal or discontinuation of an entity, A.P. Moller - Maersk\u2019s share of the accumulated ex-change rate adjustment relating to the relevant entity with a functional currency other than USD, is reclas-sified to the income statement. Accumulated value adjustments of equity instruments classified as equity instruments at fair value through other comprehensive income will remain in equity upon disposal. Other comprehensive income includes current and deferred income tax to the extent that the items rec-ognised in other comprehensive income are taxable or deductible.Balance sheetInvestments in associated companies and joint ventures are recognised as A.P. Moller - Maersk\u2019s share of the equity value inclusive of goodwill less any impairment losses. Goodwill is an integral part of the value of as-sociated companies and joint ventures and is therefore subject to an impairment test together with the invest-ment. Impairment losses are reversed to the extent the original value is considered recoverable. Equity instruments, etc., including shares, bonds and similar securities, are recognised on the trading date at fair value, and subsequently measured at the quoted market price for listed securities and at esti-mated fair value for non-listed securities. Fair value ad-justments from equity investments at fair value through other comprehensive income (FVOCI) remain in equity upon disposal. Dividends are recognised in the income statement. Inventories mainly consist of bunker, spare parts not qualifying for property, plant and equipment, and other consumables. Inventories are measured at the lower of cost and net realisable value, primarily according to the FIFO method. The cost of finished goods and work in progress includes direct and indirect production costs. Loans and receivables are initially recognised at fair value, plus any direct transaction costs, and subse-quently measured at amortised cost using the effective interest method. For loans and other receivables, write-downs are made for expected losses based on specific individual or group assessments. For trade receivables, the loss allowance is measured by the simplified ap-proach according to IFRS 9, applying a provision matrix to calculate the expected lifetime losses. The provision matrix includes an impairment for non-due receivables.Climate-related risksWhen preparing the consolidated financial statements, management considers climate-related risks, where these could potentially impact reported amounts materially. The areas in which A.P. Moller - Maersk has assessed climate-related risks at the end of 2022 are included within the individual notes outlined below:Note 3.2 \u2013 Property, plant and equipmentNew financial reporting requirementsA.P. Moller - Maersk has not yet adopted the following accounting standards and requirements:IFRS 17 \u2013 Insurance contracts: An analysis of the impact has been made and it has been assessed that the stand-ard will not have a significant impact on recognition and measurement of the Group. Other changes to IFRS are not expected to have any significant impact on recognition and measurement.Segment informationThe allocation of business activities into segments re-flects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businessesOperating segments have not been aggregated.The reportable segments comprise:OceanOcean activities Activities under Maersk Line, Hamburg S\u00fcd, Sealand \u2013 A Maersk company, and Alian\u00e7a with ocean container freight being the main revenue stream. Ocean container freight is defined as the cost-per-weight measure of transporting goods on board a container vessel across the ocean, including demurrage and detention, terminal handling, documentation services, container services as well as container storage.Hub activitiesActivities under the APM Terminals brand-generating revenue by providing port services only in major tran-shipment ports such as Maasvlakte-II, Algeciras, Tangier, Tangier-Med II, Port Said, and joint ventures in Salalah and Tanjung Pelepas. The respective terminals are included under the Ocean segment, as the primary pur-pose of those ports is to provide transhipment services to A.P. Moller - Maersk\u2019s Ocean business, whereas third-party volumes sold in those locations are considered secondary.Maersk Oil TradingSourcing marine fuels for A.P. Moller - Maersk\u2019s fleet and third-party customers, in addition to operating a fuel infrastructure in key bunker ports.Logistics & ServicesManaged by MaerskService the supply chain with Lead Logistics (Supply Chain Management and 4PL), Cold Chain logistics and Custom Services, enabling customers to control or out-source part of or all their supply chain.Fulfilled by MaerskActivities such as Contract Logistics (Warehousing, Distribution and Depot) and e-commerce supporting integrated fulfilment solutions, to improve customer consolidation. Transported by MaerskIntegrated transportation solutions supported by Landside Transportation (Intermodal and Interconti-nental Rail), Value Protect, Air & Less Than Container Load (LCL), Full Container Load (FCL) and Maersk Air Cargo, to facilitate supply chain control across A.P. Moller - Maersk.TerminalsTerminals activitiesActivities in ports fully or partially controlled by the APM Terminals brand, with the main revenue stream being port activities not considered a hub activity as described above.Towage & Maritime ServicesTowage activitiesActivities under the Svitzer brand, a provider of off-shore towage, salvage and marine services.Maersk Container IndustryManufacturer that produces reefer containers.Maersk Supply ServiceProvides marine services and integrated solutions to the energy sector worldwide with a large fleet of anchor handling tug supply vessels and subsea sup-port vessels.Other businessesConsists of Maersk Growth, Maersk Training and other services to the maritime industry.Unallocated itemsThe reportable segments do not comprise Group- related costs in A.P. Moller - Maersk\u2019s corporate functions. These functions are reported as unallocated items. Revenue between segments is limited, except for the Terminals segment, where a large part of the services is delivered to the Ocean segment as well as the sale of containers from Maersk Container Industry to the Ocean segment.Income statementRevenue for all businesses is recognised when the performance obligation has been satisfied, which happens upon the transfer of control to the customer at an amount that reflects the consideration to which the Group expects to be entitled in exchange for the goods and services. Revenue from shipping activities is recognised over time as the performance obligation is satisfied, includ-ing a share of revenue from incomplete voyages at the balance sheet date. Invoiced revenue related to an estimated proportion of remaining voyage time and ac-tivities at the destination port is deferred. Percentage of completion is calculated as the number of days of a voyage as a percentage of the total number of days a voyage is estimated to last. Detention and demurrage fees are recognised over time up until the time of the customer\u2019s late return or pick-up of containers. Revenue from terminal operations and towing activities is recognised upon completion of the service. In container terminals operated under certain restrictive terms of pricing and service, etc., the value of tangible assets constructed on behalf of the concession grantor is recognised as revenue during the construction. Revenue from most freight forwarding activities is recognised over time. Revenue from the sale of goods is recognised upon the transfer of control to the buyer. No significant element of financing is deemed pres-ent as sales are made with a credit term of 20-45 days, which is consistent with market practice. Revenue from sales is recognised based on the price specified in the contract, net of the estimated volume discounts. Accu-mulated experience is used to estimate and provide for the discounts, using the expected value method, and revenue is only recognised to the extent that it is highly probable that a significant reversal will not occur.Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.Property, plant, and equipment are valued at cost less accumulated depreciation and impairment losses. Depreciation is charged to the income statement on a straight-line basis over the useful life at an estimated residual value. The useful lives of new assets are typi-cally as follows:Ships, etc. 20-25 yearsContainers, etc. 15 yearsBuildings 10-50 yearsTerminal infrastructure 10-30 years or con- cession period, if shorterWarehouses and related 5-25 years, or lease term, infrastructure if shorterAircraft and related 3-30 yearscomponents Plant and machinery, cranes 5-25 yearsand other terminal equipmentOther operating equipment, 3-7 yearsfixtures, etc.Estimated useful lives and residual values are reassessed on a regular basis. The cost of an asset is divided into separate compo-nents, which are depreciated separately if the useful life of the individual component differs. Dry-docking costs are recognised in the carrying amount of ships when incurred and depreciated over the period until the next dry-docking. The cost of assets constructed by A.P. Moller - Maersk includes directly attributable expenses. For assets with a long construction period, borrowing costs during the construction period from specific as well as general borrowings are attributed to cost. In addition, the cost includes the net present value of estimated costs of removal and restoration.Right-of-use assets are mainly leased vessels, containers, concessions arrangements and real estate property. Lease contracts for vessels and containers are typically made for fixed periods of about five years, but may have extension options as described together with lease liabil-ities. Concession arrangements and real estate contracts are negotiated on an individual basis and contain a wide range of terms and conditions.Leases are recognised as a right-of-use asset with a cor-responding lease liability at the date on which the leased asset is available for use. The right-of-use asset is depre-ciated over the shorter of the asset\u2019s useful life and the lease term on a straight-line basis.Acquisition/sale of subsidiaries and activitiesUpon acquisition of new entities, the acquired assets, liabilities and contingent liabilities are measured at fair value at the date when control was achieved using the acquisition method. Identifiable intangible assets are rec ognised if they arise from a contractual right or can other wise be separately identified. The difference be-tween the fair value of the acquisition cost and the fair value of acquired identifiable net assets is recognised as goodwill. Contingent consideration is measured at fair value and any subsequent changes to contingent con-sideration are recognised as financial income or financial expense in the income statement. If contingent consid-eration is settled by issuing a predetermined number of shares, the contingent consideration is classified as equity and is subsequently not remeasured at fair value. Transaction costs are recognised as operating costs as they are incurred. When A.P. Moller - Maersk ceases to have control of a subsidiary, the value of any retained investment is re-measured at fair value, and the value adjustment is recognised in the income statement as a gain/loss on the sale of non-current assets. The difference between sales proceeds and the carrying amount of the subsidi-ary is recognised in the income statement including fair value of contingent consideration at the time of sale. Contingent consideration is re-measured at fair value with changes recognised in the income statement. The effect of the purchase and sale of non-controlling interests without changes in control is included directly in equity.Assets held for sale are recognised when the carrying amount of an individual non-current asset, or disposal group of assets, and will be recovered principally through a sales transaction rather than through continued use. Assets are classified as held for sale when activities to carry out a sale have been initiated, when the activities are available for immediate sale in their present condi-tion, and when the activities are expected to be disposed of within 12 months. Liabilities directly associated with assets held for sale are presented separately from other liabilities. Assets held for sale are measured at the lower of carrying amount immediately before classification as held for sale and fair value less costs to sell. Impairment tests are performed immediately before classification as held for sale. Non-current assets are not depreciated or amortised while classified as held for sale. Measurement of deferred tax and financial assets and liabilities is un-changed. When an asset or a disposal group has been classified as held for sale or distribution, but the requirements are no longer met, the assets and related liabilities ceases to be classified as held for sale. The cessation of the classi-fication as held for sale will be reflected in the period in which the change of circumstances has occurred. Com-parative figures are not restated, and any adjustments to the carrying value of assets and liabilities previously classified as held for sale are recognised in the period in which the circumstances have changed.Provisions are recognised when A.P. Moller - Maersk has a present legal or constructive obligation from past events. The item includes, among other things, legal disputes, provisions for onerous contracts and unfavourable contracts acquired as part of a business combination.Provisions are recognised based on best estimates and are discounted where the time element is significant and where the time of settlement is reasonably determinable.Earnings per share is calculated as A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share of the profit for the year divided by the average number of shares outstanding (of DKK 1,000 each), ex-cluding A.P. Moller - Maersk\u2019s holding of treasury shares. Diluted earnings per share are adjusted for the dilutive effect of the average number of share options outstand-ing issued by the parent company.Equity includes total comprehensive income for the year comprising the profit for the year and other compre-hensive income. Proceeds on the purchase and sale of treasury shares and dividend from such shares are recognised in equity.The translation reserve is comprised of A.P. Moller - Maersk\u2019s share of accumulated exchange rate differences arising on translation from functional currency into presentation currency. The reserve for other equity investments is comprised of accumulated changes in the fair value of equity investments (at FVOCI), net of tax. Reserves for hedges includes the accumulated fair value of derivatives qualifying for cash flow hedge accounting, net of tax, as well as forward points and currency basis spread.Financial liabilities are initially recognised at fair value less transaction costs. Subsequently, the financial liabil-ities are measured at amortised cost using the effective interest method, whereby transaction costs and any premium or discount are recognised as financial expenses over the term of the liabilities. Fixed interest loans subject to fair value hedge accounting are measured at amor-tised cost with an adjustment for the fair value of the hedged interest component.Lease liabilities are measured at the present value of the lease payments over the lease term, at the interest rate implicit in the lease, or at A.P. Moller - Maersk\u2019s incremen-tal borrowing rate (IBR). A.P. Moller - Maersk\u2019s IBR reflects the Group\u2019s credit risk, leased amount, and contract duration, as well as the nature and quality of the asset\u2019s security and economic environment in which the leased assets operate. To determine the IBR, where possible, A.P. Moller - Maersk uses recent third-party financing received by the individual lessee as a starting point, with adjustments to reflect changes in financing conditions since that financing was received. Where such financing is not available, A.P. Moller - Maersk uses a build-up ap-proach that starts with a risk- free interest rate adjusted by credit risk and specific risks faced by the lessee such as asset type, geographical risks, etc. Subsequently, the lease liability is measured at amor-tised cost with each lease payment allocated between the repayment of the liability and financing cost. The finance cost is charged to the income statement over the lease period, using the IBR that was used to discount the lease payments.The following lease payments are included in the net present value:\u2022 fixed payments (including in-substance fixed payments), less any lease incentives receivable\u2022 variable lease payments that are based on an index or a rate\u2022 amounts expected to be payable by the lessee under residual value guarantees\u2022 the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and pay-ments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.Payments associated with short-term leases and leases of low-value assets are recognised on a straight-line basis as an expense in profit/loss. Extension and termination options in lease contracts are included in contracts, where it is reasonably certain that A.P. Moller - Maersk will exercise the options. These terms are used to maximise operational flexibility in terms of managing contracts. In determining the lease term, management considers all facts and circumstances that create an economic incentive to exercise an exten-sion option, or not exercise a termination option. Exten-sion options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended or not terminated. Most of the extension and termination options held are exercisable only by A.P. Moller - Maersk and not by the respective lessor. This assessment is reviewed if a significant event or a significant change in circumstances occurs, which affects this assessment, and which is within the control of the lessee. Where A.P. Moller - Maersk will probably exercise specific purchase options, those options are included in the measurement of the lease liability with corresponding right-of-use asset depreciated over the asset\u2019s useful life rather than lease term.Pension obligations are the net liabilities of defined benefit obligations and the dedicated assets adjusted for the effect of minimum funding and asset ceiling re-quirements. Plans with a funding surplus are presented as net assets on the balance sheet. The defined benefit obligations are measured at the present value of expected future payments to be made in respect of services pro-vided by employees up to the balance sheet date. Plan assets are measured at fair value. The pension cost charged to the income statement consists of calculated amounts for vested benefits and interest in addition to settlement of gains or losses, etc. Interest on plan assets is calculated with the same rates as used for discounting the obligations. Actuarial gains/losses are recognised in other comprehensive income. Pension plans where A.P. Moller - Maersk, as part of collective bargaining agreements, participates together with other enterprises \u2013 so called multi-employer plans \u2013 are treated as other pension plans in the financial state-ments. Defined benefit multi-employer plans, where suf-ficient information to apply defined benefit accounting is not available, are treated as defined contribution plans.Trade receivablesThe Group has exposure to financial and commercial counterparties, but has no particular concentration of customers or suppliers. To minimise the credit risk, financial vetting is undertaken for all major customers and financial institu-tions, adequate security is required for commercial counterparties, and credit limits are set for financial institutions and key commercial counterparties.The Group applies the simplified approach to providing the expected credit losses prescribed by IFRS 9, which per-mits the use of the lifetime expected loss provision for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. In accordance with IFRS 9, non-due trade receivables have also been considered for impairment.Approximately 31% (44%) of the provision for bad debt is related to trade receivables overdue by more than one year.Other financial assets at amortised costOther financial assets at amortised cost comprise loans receivable, finance lease receivables and other receivables. These financial assets are considered to have low credit risk, and thus the impairment provision calculated based on 12 months of expected losses is considered immaterial. The financial assets are considered to be low risk when they have a low risk of default, and the issuer has a strong capacity to meet its contractual cash flow obligations in the near term.Financial institutionsDeposits and bank balances are primarily held in relationship banks with a credit rating of at least A-. No individual counter-party exposure is above 10%. A.P. Moller - Maersk has ISDA agreements for trading of derivatives, under which the Group has a right to net settlement in the event of certain credit events. This results in the credit risk being limited to the net position per counterparty.Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.Financial instruments measured at fair valueFinancial instruments measured at fair value can be divided into three levels:Level 1 \u2014 Quoted prices (unadjusted) in active markets for identical assets or liabilitiesLevel 2 \u2014 Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices) andLevel 3 \u2014 Inputs for the asset or liability that are not based on observable market data.Fair value of listed securities is within level 1 of the fair value hierarchy. Non-listed shares and other securities are within level 3 of the fair value hierarchy.Fair value of derivatives is mainly within level 2 of the fair value hierarchy and is calculated based on observable market data as of the end of the reporting period. A minor amount of crude oil price derivatives is within level 1 of the fair value hierarchy.Fair value of level 3 assets and liabilities is primarily based on the present value of expected future cash flows.A reasonably possible change in the discount rate is not estimated to affect the Group\u2019s profit or equity significantly.Financial instruments carried at amortised costFair value of the short-term financial assets and other financial liabilities carried at amortised cost is not materially different from the carrying amount. In general, fair value is determined primarily based on the present value of expected future cash flows. Where a market price was available, however, this was deemed to be the fair value.Fair value of listed issued bonds is within level 1 of the fair value hierarchy. Fair value of the remaining borrowing items is within level 2 of the fair value hierarchy and is calculated based on discounted future cash flows. Tax comprises an estimate of current and deferred in-come tax as well as adjustments to previous years taxes. Income tax is tax on taxable profits, and consists of corporation tax, withholding tax of dividends, etc. In addi-tion, tax comprises tonnage tax. Tonnage tax is classified as tax when creditable in, or paid in lieu of, income tax. Tax is recognised in the income statement to the extent that it arises from items recognised in the income state-ment, including tax on gains on intra-group transactions that have been eliminated in the consolidation.Deferred tax is calculated on temporary differences be-tween the carrying amounts and tax bases of assets and liabilities. Deferred tax is not recognised for differences on the initial recognition of assets or liabilities, where at the time of the transaction neither accounting nor taxable profit/loss is affected, unless the differences arise in a business combination. In addition, no deferred tax is recognised for undistributed earnings in subsid-iaries, when A.P. Moller - Maersk controls the timing of dividends. No taxable dividends are currently expected. A deferred tax asset is recognised to the extent that it is probable that it can be utilised within a foreseeable future.Equity-settled restricted shares and share options awarded to members of the executive board and to employees of A.P. Moller - Maersk as part of A.P. Moller - Maersk\u2019s long-term incentive programme are recognised as remunera-tion expense over the vesting period as per the estimated fair value at the grant date and result in a corresponding adjustment to equity.At the end of each reporting period, A.P. Moller - Maersk revises its estimated number of awards that are expected to vest based on the non-market vesting conditions and service conditions. Any impact of the revision is recog-nised in the income statement with a corresponding adjustment to equity.Cash flow from operating activities includes all cash transactions other than cash flows arising from investing and financing activities such as investments and divest-ments, received dividends, principal payments of loans, instalments on lease liabilities, paid and received finan-cial items and equity transactions. Capitalisation of bor-rowing costs is considered as a non-cash item, and the actual payments of these borrowing costs are included in cash flow from financing.Cash and cash equivalents comprise cash and bank balances net of bank overdrafts where overdraft facilities form an integral part of A.P. Moller - Maersk\u2019s cash management.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-19-3": {
"value": "Foreign currency translationThe consolidated financial statements are presented in USD, the functional currency of the parent company and the Group. In the translation to the presentation currency for subsidiaries, associates, or joint arrange-ments with functional currencies other than USD, the total comprehensive income is translated into USD at average exchange rates, and the balance sheet is trans-lated at the exchange rates as at the balance sheet date. Exchange rate differences arising from such translations are recognised directly in other comprehensive income and in a separate reserve of equity. The functional currency varies from business area to business area. For A.P. Moller - Maersk\u2019s principal shipping activities, the functional currency is typi-cally USD. This means, among other things, that the carrying amounts of property, plant and equipment and intangible assets and, hence, depreciation and amortisation, are maintained in USD from the date of acquisition. For other activities, including container terminal activities and land-based logistics activities, the functional currency is generally the local currency of the country in which such activities are performed, unless circumstances suggest a different currency is appropriate. Transactions in currencies other than the functional currency are translated at the exchange rate prevailing at the date of the transaction. Monetary items in foreign currencies not settled at the balance sheet date are translated at the exchange rate as at the balance sheet date. Foreign exchange gains and losses are included in the income statement as financial income or expenses.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-19-4": {
"value": "Foreign currency translationThe consolidated financial statements are presented in USD, the functional currency of the parent company and the Group. In the translation to the presentation currency for subsidiaries, associates, or joint arrange-ments with functional currencies other than USD, the total comprehensive income is translated into USD at average exchange rates, and the balance sheet is trans-lated at the exchange rates as at the balance sheet date. Exchange rate differences arising from such translations are recognised directly in other comprehensive income and in a separate reserve of equity. The functional currency varies from business area to business area. For A.P. Moller - Maersk\u2019s principal shipping activities, the functional currency is typi-cally USD. This means, among other things, that the carrying amounts of property, plant and equipment and intangible assets and, hence, depreciation and amortisation, are maintained in USD from the date of acquisition. For other activities, including container terminal activities and land-based logistics activities, the functional currency is generally the local currency of the country in which such activities are performed, unless circumstances suggest a different currency is appropriate. Transactions in currencies other than the functional currency are translated at the exchange rate prevailing at the date of the transaction. Monetary items in foreign currencies not settled at the balance sheet date are translated at the exchange rate as at the balance sheet date. Foreign exchange gains and losses are included in the income statement as financial income or expenses.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-24-3": {
"value": " Equity instruments, etc., including shares, bonds and similar securities, are recognised on the trading date at fair value, and subsequently measured at the quoted market price for listed securities and at esti-mated fair value for non-listed securities. Fair value ad-justments from equity investments at fair value through other comprehensive income (FVOCI) remain in equity upon disposal. Dividends are recognised in the income statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-25-3": {
"value": " Inventories mainly consist of bunker, spare parts not qualifying for property, plant and equipment, and other consumables. Inventories are measured at the lower of cost and net realisable value, primarily according to the FIFO method. The cost of finished goods and work in progress includes direct and indirect production costs.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-26-3": {
"value": " Loans and receivables are initially recognised at fair value, plus any direct transaction costs, and subse-quently measured at amortised cost using the effective interest method. For loans and other receivables, write-downs are made for expected losses based on specific individual or group assessments. For trade receivables, the loss allowance is measured by the simplified ap-proach according to IFRS 9, applying a provision matrix to calculate the expected lifetime losses. The provision matrix includes an impairment for non-due receivables.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-21-3": {
"value": "Share of profit/loss in associated companies and joint ventures is recognised net of tax and corrected for the share of unrealised intra-group gains and losses. The item also comprises any impairment losses for such investments and their reversal.Balance sheetInvestments in associated companies and joint ventures are recognised as A.P. Moller - Maersk\u2019s share of the equity value inclusive of goodwill less any impairment losses. Goodwill is an integral part of the value of as-sociated companies and joint ventures and is therefore subject to an impairment test together with the invest-ment. Impairment losses are reversed to the extent the original value is considered recoverable.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-21-4": {
"value": "Share of profit/loss in associated companies and joint ventures is recognised net of tax and corrected for the share of unrealised intra-group gains and losses. The item also comprises any impairment losses for such investments and their reversal.Balance sheetInvestments in associated companies and joint ventures are recognised as A.P. Moller - Maersk\u2019s share of the equity value inclusive of goodwill less any impairment losses. Goodwill is an integral part of the value of as-sociated companies and joint ventures and is therefore subject to an impairment test together with the invest-ment. Impairment losses are reversed to the extent the original value is considered recoverable.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentInAssociates",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-21-5": {
"value": "Share of profit/loss in associated companies and joint ventures is recognised net of tax and corrected for the share of unrealised intra-group gains and losses. The item also comprises any impairment losses for such investments and their reversal.Balance sheetInvestments in associated companies and joint ventures are recognised as A.P. Moller - Maersk\u2019s share of the equity value inclusive of goodwill less any impairment losses. Goodwill is an integral part of the value of as-sociated companies and joint ventures and is therefore subject to an impairment test together with the invest-ment. Impairment losses are reversed to the extent the original value is considered recoverable.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForInvestmentsInJointVentures",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-29-2": {
"value": "Note 1.2 Significant accounting estimates and judgementsThe preparation of the consolidated financial state-ments requires management to make estimates and judgements on an ongoing basis and to form assump-tions that affect the reported amounts. Management forms its estimates and judgements based on historical experience, independent advice, external data points as well as on in-house specialists and on other factors believed to be reasonable under the circumstances. In its assumption setting, management deals with various aspects of uncertainty. One aspect of uncer-tainty is the assessment of control over investments classified as associates, joint ventures and subsidiaries, where the assessment forms the basis for classification. Another aspect is measurement uncertainty, where management makes assumptions that derive the value of recognised assets and liabilities. These assumptions concern the timing and amount of future cash flows as well as the risks inherent in these. In certain areas, the outcome of business plans, in-cluding ongoing negotiations with external parties to execute those plans or the outcome of negotiations to settle claims that are raised against A.P. Moller - Maersk, is highly uncertain. Therefore, assumptions may change, or the outcome may differ in the coming years, which could require a material upward or downward adjustment to the carrying amounts of assets and liabilities. The areas and their related impact in which A.P. Moller - Maersk is particularly exposed to material uncertainty over the carrying amounts as at the end of 2022 are included within the individual notes as out-lined below:Note Key accounting estimates and judgements Estimate / ImpactJudgementNote 2.2 Vessel sharing agreements (cost-sharing arrangements) estimates EstimateNote 3.1 Determination of cash-generating units and impairment testing inputs JudgementNote 3.1 Impairment testing key assumptions EstimateNote 3.2 Useful life and residual value estimates EstimateNote 3.7 Provisions for legal disputes assumptions EstimateNote 5.1 Recognition and measurement of deferred tax asset and uncertain tax positions EstimateNote 5.5 Operations in countries with limited access to repatriating surplus cash assumptions JudgementLevel of potential impact to the consolidated financial statements:LowMediumHighVessel-sharing agreements (cost-sharing arrangements)Vessel-sharing agreements in shipping require that some vessels are committed towards specific service routes. The committed vessel\u2019s capacity is then shared with one or more container shipping providers in proportion to each party\u2019s contribution to the joint service. In practice, it is not always possible to provide tonnage precisely as agreed in the sharing arrangements, therefore financial settlement often takes place on basis of relative capac-ity over/under-utilised on a monthly or other mutually agreed cycle. At A.P. Moller - Maersk, these capacity ad-justments are settled as close to actual costs incurred as possible based on market rates applicable at that time.Significant accounting judgementsDetermination of cash-generating unitsJudgement is applied in the determination of cash- generating units of which goodwill is allocated to im-pairment testing and in the selection of methodologies and assumptions applied in impairment tests. The determination of cash-generating units differs based on the business area. Ocean operates its fleet of container vessels and hub terminals in an integrated network. Consequently, the Ocean activities are tested for impairment as a single cash-generating unit. Logistics & Services, including intermodal activities, is considered one cash-generating unit as a result of the continued integration within the business. Management views the Logistics & Services products as an integrated network, with the activities tested for impairment as a single cash-generating unit. In Terminals, each terminal is considered an individual cash-generating unit for impairment tests, except when the capacity is managed as a portfolio. Towage & Maritime Services includes towage activ-ities made up of two separate cash-generating units as well as several individual businesses which are each considered one cash-generating unit.Significant accounting estimatesImpairment \u2013 assessment inputsThe recoverable amount of each cash-generating unit is determined based on the higher of its value in use or fair value less costs to sell. The estimated value in use is calculated using certain key assumptions for the expected future cash flows and applied discount factor. Current market values for vessels, etc., are estimated using acknowledged brokers. Projected cash flow models are used when fair value is not obtainable or when fair value is deemed lower than value in use. The cash flow projections are based on financial budgets and business plans approved by management. In nature, these projections are subject to judgement and estimates that are uncertain, though based on experience and external sources where available. Cen-tralised processes and involvement of corporate func-tions ensure that indices and data sources are selected consistently while observing differences in risks and other circumstances. The discount rates applied reflect the time value of money as well as the specific risks related to the under-lying cash flows, i.e., project and/or country- specific risk premium. The discount rate also takes into consideration development in sustainable technologies. Further, any uncertainties reflecting past performance and possible variations in the amount or timing of the projected cash flows are generally reflected in the discount rates.Impairment \u2013 key assumptions applied The outcome of impairment tests is subject to esti-mates of the future development of freight rates and volumes, oil prices and the discount rates applied. Management determines the key assumptions for each impairment test by considering past experience as well as market analysis and future expectations based on supply and demand trends. The future development in freight rates is an uncertain and sig-nificant factor impacting the Ocean segment in par-ticular, whose financial results are directly affected by fluctuations in container freight rates. Freight rates are expected to be influenced by regional and global economic environments, trade patterns, and by industry- specific trends in respect of capacity supply and demand. As the market has started on its path to normalisa-tion, shipment and contract rates have begun to see a decline in 2022 and are expected to continue to decline, until part way through 2023. The overall volume growth outlook is flat in 2023 and is expected to increase from 2024 onwards. The future development in the oil price is also an uncertain and significant factor impacting accounting estimates across A.P. Moller - Maersk, either directly or indirectly. Ocean is directly impacted by the bunker oil price, where the competitive landscape determines the extent to which the development is reflected in the freight rates charged to the customer. Bunker consump-tion is expected to reduce compared to 2022, driven by fleet outsourcing and efficiency improvements.Terminals under APM Terminals located in oil-producing countries, e.g., Nigeria and Brazil, are indirectly impacted by the development in oil prices and the consequences for the respective countries\u2019 economies, which not only affects volumes handled in the terminals, but also for-eign exchange rates. Continued economic deterioration and a lack of cash repatriation opportunities in certain oil-producing countries could also put pressure on the carrying amounts of individual terminals. The key sensitivities impacting Terminals include container moves, revenue and cost per move, and local port rates, all of which are impacted by the local eco-nomic outlook and competition, as well as concession right extensions and the discount rate applied. Inflation is also expected to have a higher impact across of A.P. Moller - Maersk in 2023 than in 2022 and in prior years.Impairment \u2013 results of impairment assessmentsIn Ocean, the cash flow projection is based on forecasts as per Q3 2022, covering five-year business plans for 2023-27. Management has applied an assumption of growth in volumes based on a calculated terminal value with growth equal to the expected economic growth of 2.5% (2.0%) p.a., based on pressure on freight rates, and continued cost efficiency. A pre-tax discount rate of 9.2% (7.2%) p.a. has been applied. The impairment test showed headroom between the value in use and the carrying amount. Management is of the opinion that the assumptions applied are sustainable. The most significant goodwill amount relates to the Logistics & Services segment, where the impairment test is based on the estimated value in use from five-year business plans for 2022-27, where the volume and margin growth assumptions, which are regionally specific, reflect the current market expectations for the relevant period. The applied terminal growth is 2% (2%). A discount rate of 8.4% (6.8%) p.a. pre-tax or 8.2% (6.6%) p.a. after tax has been applied. The impairment test showed headroom from the value in use to the carry-ing amount. In Terminals, management assesses indicators of impairment including decreasing volumes and based on these indicators, estimates the recoverable amounts of the individual terminals whereby impairment indicators exist. Management also tests for impairment of the CGUs to which goodwill or indefinite life intangible assets are allocated. The cash flow projections for each terminal cover the concession period and extension options deemed likely to be exercised. The growth rates assumed reflect current market expectations for the relevant period, and the discount rates applied are between 7.2% and 13.0% (5.9% and 10.6%) p.a. after tax. In addition, during Q1 2022, as a result of A.P. Moller - Maersk\u2019s decision to withdraw from doing business in Russia, Terminals recognised impairment of USD 485m on its minority stake in Global Ports Invest-ments (GPI). During Q3 2022, APM Terminals sold its holding in GPI, resulting in the reversal of previously recognised impairment losses of USD 135m. Net im-pairment losses recognised on GPI during 2022 are USD 350m. For further details, reference is made to note 2.5 Russia/Ukraine impact. The impairment tests considered fair value less cost of disposal compared to the carrying amount, and resulted in net impairment of USD 350m on GPI as well as impairment losses on assets of an imma-terial amount in two terminals in 2022 (impairment losses of an immaterial amount in three terminals were recognised in 2021).Impairment tests of tangible assets and impairment losses recognised are specified as follows:Impairment losses Reversal of impairment lossesOperating segment Cash-generating unit 2022 2021 2022 2021Ocean Ocean 14 - - - Logistics & Services Logistics & Services 46 - - - Terminals Various terminals 58 36 - - Towage & Maritime Towage 1 - - -ServicesMaersk Supply Service - 308 - 14Maersk Container Industry 17 - - 13Others 3 3 - - Total 139 347 - 27 Impairment analysisFor more information on impairment tests, reference is made to note 3.1 Intangible assets. Useful life and residual valuesUseful lives are estimated based on experience. When there is an indication of a change in an asset\u2019s useful life, management revises the estimates for individual assets or groups of assets with similar characteris-tics due to factors such as quality of maintenance and repair, technical development, or environmental requirements. Management has also considered the impact of decarbonisation and climate-related risks on useful lives of existing assets. Such risks include new climate-related legislation restricting the use of certain assets, new technology demanded by climate-related legislation, and the increase in restoration costs for terminal sites due to new and/or more comprehensive policies. Residual values of vessels are difficult to estimate given their long useful lives, the uncertainty of future economic conditions, and the uncertainty of future steel prices, which is considered the main determinant of the residual value. Generally, the residual values of vessels are initially estimated at 10% of the purchase price excluding dry-docking costs. The long-term view is prioritised in order to disregard to the extent possible, temporary market fluctuations which may be significant.Provisions for legal disputesManagement\u2019s estimate of the provisions for legal dis-putes, including disputes regarding taxes and duties, is based on the knowledge available on the substance of the cases and a legal assessment of these. The resolution of legal disputes through either negotiations or litigation can take several years to be reached and the outcomes are subject to considerable uncertainty.Deferred tax assetsJudgement has been applied with respect to A.P. Moller - Maersk\u2019s ability to utilise deferred tax assets. Management considers the likelihood of utilisation based on the latest business plans and the recent financial performances of the individual entities. Net deferred tax assets recognised in entities having recognised an accounting loss in either the current or preceding period amount to USD 163m (USD 124m). These assets mainly relate to the tax value of the difference between the accounting value and the fair market value of the bond debt as well as to unused tax losses or deductible tem-porary differences generated during the construction of terminals, where taxable profits have been generated either in the current period or are expected to be gener-ated within the foreseeable future.Uncertain tax positionsA.P. Moller - Maersk is engaged in a number of disputes with tax authorities of varying scope. Appropriate pro-visions and recognition of uncertain tax positions have been made where the probability of the tax position being upheld in individual cases is considered less than 50%. Claims for which the probability of A.P. Moller - Maersk\u2019s tax position being upheld is assessed by management to be at least 50%, are not provided for. Such risks are in-stead evaluated on a portfolio basis by geographical area and country risk. Provisions and uncertain tax liabilities are recognised when the aggregated probability of the tax position being upheld is considered less than 50%.Operations in countries with limited access to repatriating surplus cashA.P. Moller - Maersk operates worldwide and, in this respect, has operations in countries where the ability to repatriate surplus cash is complicated and time consuming. In these countries, management makes judgements as to whether these cash positions can be recognised as cash or cash equivalents.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-37-2": {
"value": "Note 2.1 Segment informationOcean Logistics Terminals Towage & Unallo-Elimina-Consol-& ServicesMaritime cated tionsidated Servicesitemstotal2022External revenue 61,497 14,710 3,323 1,894 105 - 81,529Inter-segment revenue 2,802 -287 1,048 399 26 -3,988 -Total revenue 64,299 14,423 4,371 2,293 131 -3,988 81,529Profit before depreciation, amortisation and impair-ment losses, etc. (EBITDA) 33,770 1,378 1,535 369 -207 -32 36,813Depreciation and amorti-sation 4,762 517 515 179 6 -19 5,960Profit before financial items (EBIT) 29,149 814 832 307 -229 -13 30,860Key metrics:Invested capital 32,368 9,858 7,593 2,794 -145 -58 52,410Gross capital expenditures, excl. acquisitions and divest-ments (CAPEX) 2,620 657 516 350 35 -15 4,163Reference is made to the income statement for a reconciliation from EBIT to profit. The segment assets, segment liabilities and the sum of invested capital per segment can be reconciled to the assets and liabilities as per the balance sheet.Assets Liabilities Invested capital2022Segment invested capital 65,406 12,793 52,613Unallocated items 883 1,028Eliminations -1,408 -1,350Consolidated invested capital 64,881 12,471 52,410Add back:Cash and bank balances 10,057 -Interest-bearing receivables (current and non-current) 17,690 -Securities, etc. 942 -Lease liabilities and borrowings (current and non-current) - 15,6431Fair value of derivatives- 520Other 110 14Consolidated balance sheet at 31 December 93,680 28,6481 Relates to the fair value of derivatives that hedge net interest-bearing debt, including interest rate and cross currency swaps.Ocean Logistics Terminals Towage & Unallo-Elimina-Consol-& ServicesMaritime cated tionsidated Servicesitemstotal2021External revenue 47,212 9,782 2,927 1,790 76 - 61,787Inter-segment revenue 1,020 48 1,073 292 18 -2,451 - Total revenue 48,232 9,830 4,000 2,082 94 -2,451 61,787Profit before depreciation, amortisation and impair-ment losses, etc. (EBITDA) 21,432 907 1,455 356 -101 -13 24,036Depreciation and amorti-sation 3,570 297 532 204 6 -17 4,592Profit before financial items (EBIT) 17,963 623 1,173 17 -106 4 19,674Key metrics:Invested capital 30,529 3,130 8,289 2,216 -76 -45 44,043Gross capital expenditures, excl. acquisitions and divest-ments (CAPEX) 2,003 460 304 203 20 -14 2,976Assets Liabilities Invested capital2021Segment invested capital 55,447 11,283 44,164 Unallocated items 874 950 Eliminations -1,142 -1,097 Consolidated invested capital 55,179 11,136 44,043 Add back:Cash and bank balances 11,832 - Interest-bearing receivables (current and non-current) 5,162 - Securities, etc. 3 - Lease liabilities and borrowings (current and non-current) 15,335 1Fair value of derivatives - 195Other 95 17 Consolidated balance sheet at 31 December 72,271 26,683 1 Relates to the fair value of derivatives that hedge net interest-bearing debt, including interest rate and cross currency swaps.The segment disclosures provided above reflect the information which the Executive Board receives monthly in its capacity as \u2018chief operating decision maker\u2019 as defined in IFRS 8. The allocation of resources and the segment performance are evaluated based on revenue and profitability measured on earnings before interest and taxes (EBIT).Note 2.1 Segment information \u2013 continuedA.P. Moller - Maersk has organised segments in \u2018Ocean\u2019, \u2018Logistics & Services\u2019, \u2018Terminals\u2019 and \u2018Towage & Maritime Services\u2019. The Ocean segment with the activities of Maersk Liner Business (Maersk Line and Sealand \u2013 A Maersk Company) together with the Hamburg S\u00fcd brands (Hamburg S\u00fcd and Alian\u00e7a) as well as strategic transhipment hubs under the APM Terminals brand. Inland activities related to Maersk Liner Business are included in the Logistics & Services segment. The Logistics & Services segment includes the activities from Managed by Maersk, Fulfilled by Maersk, and Transported by Maersk. The Terminals segment includes gateway terminals, involving landside activities such as port activities where the customers are mainly the carriers. The Towage & Maritime Services segment includes towage services under the Svitzer brand, Maersk Container Industry, Maersk Supply Service and others.1External revenue Non-current assetsGeographical split 2022 2021 2022 2021Denmark 1,002 588 22,031 21,441Australia 1,984 1,485 400 348Brazil 2,574 1,953 240 215China and Hong Kong 3,564 3,382 5,429 2,237Costa Rica 429 381 832 863Germany 2,607 1,604 618 310India 1,827 1,431 618 658Mexico 2,301 1,610 491 500Morocco 492 421 1,439 1,467Netherlands 2,944 2,032 1,219 1,1492Russia470 1,528 2 71Singapore 794 468 5,070 4,576Spain 1,981 1,353 1,040 1,103UK 3,247 2,670 449 402USA 19,885 13,743 6,254 3,788Other 35,428 27,138 3,814 3,850Total 81,529 61,787 49,946 42,9781 Comprise intangible assets and property, plant and equipment and right-of-use assets, excluding financial non-current assets relating to continuing operations.2 For details on the decrease in the non-current assets balance in Russia, reference is made to note 2.5 Russia/Ukraine impact.Geographical informationRevenue for the shipping activities is based on the port of discharge for all ships operated by the Group, including leased ships on time charter agreements. Revenue for leasing out the vessels on time charter agreement, where the Group acts as a lessor, is based on the customer location. For non-current assets (e.g. terminals), which cannot be easily moved, geographical location is where the assets are located. For all other assets, geographical location is based on the legal ownership. These assets consist mainly of ships and containers registered in China, Denmark, Singapore and the USA.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-40-2": {
"value": "Types of revenue 2022 2021Ocean Freight revenue 56,499 42,374Other revenue, including hubs 7,800 5,858Logistics & Services Managed by Maersk 2,343 1,578Fulfilled by Maersk 3,898 2,320Transported by Maersk 8,182 5,932Terminals Terminal services 4,371 4,000Towage and Maritime Service Towage services 774 740Sale of containers and spare parts 499 690Offshore supply services 390 301Other shipping activities 282 269Other services 348 82Unallocated activities and eliminations -3,857 -2,357Total revenue 81,529 61,787Hereof recognised over time 78,722 58,062Hereof recognised at a point in time 6,664 6,0822022 2021Revenue from contracts with customers 80,179 60,632Revenue from other sourcesVessel-sharing and slot charter income 1,229 1,060Lease income 14 19Others 107 76Total revenue 81,529 61,787Set out above is the reconciliation of the revenue from contracts with customers to the amounts disclosed as total revenue.Contract balances 2022 2021Trade receivables from revenue from contracts with customers 6,508 5,305Accrued income \u2013 contract asset 263 -Accrued income \u2013 contract liability - 92Deferred income \u2013 contract liability 45 45Accrued income included in trade receivables in the balance sheet constitutes contract assets comprising unbilled amounts to customers representing the Group\u2019s right to consideration for the services transferred to date. Any amount previously recognised as accrued income is reclassified to trade receivables at the time it is invoiced to the customer. Deferred income is recognised in the income statement within 12 months.Under the payment terms generally applicable to the Group\u2019s revenue generating activities, prepayments are received only to a limited extent. Typically, payment is due upon or after completion of the services.Part of the deferred income presented in the balance sheet constitutes contract liabilities which represent advance payments and billings in excess of revenue recognised.There were no significant changes in accrued income and deferred income during the reporting period.Loss allowance disclosed in note 4.5 relates to receivables arising from contracts with customers.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-40-3": {
"value": "Types of revenue 2022 2021Ocean Freight revenue 56,499 42,374Other revenue, including hubs 7,800 5,858Logistics & Services Managed by Maersk 2,343 1,578Fulfilled by Maersk 3,898 2,320Transported by Maersk 8,182 5,932Terminals Terminal services 4,371 4,000Towage and Maritime Service Towage services 774 740Sale of containers and spare parts 499 690Offshore supply services 390 301Other shipping activities 282 269Other services 348 82Unallocated activities and eliminations -3,857 -2,357Total revenue 81,529 61,787Hereof recognised over time 78,722 58,062Hereof recognised at a point in time 6,664 6,0822022 2021Revenue from contracts with customers 80,179 60,632Revenue from other sourcesVessel-sharing and slot charter income 1,229 1,060Lease income 14 19Others 107 76Total revenue 81,529 61,787Set out above is the reconciliation of the revenue from contracts with customers to the amounts disclosed as total revenue.Contract balances 2022 2021Trade receivables from revenue from contracts with customers 6,508 5,305Accrued income \u2013 contract asset 263 -Accrued income \u2013 contract liability - 92Deferred income \u2013 contract liability 45 45Accrued income included in trade receivables in the balance sheet constitutes contract assets comprising unbilled amounts to customers representing the Group\u2019s right to consideration for the services transferred to date. Any amount previously recognised as accrued income is reclassified to trade receivables at the time it is invoiced to the customer. Deferred income is recognised in the income statement within 12 months.Under the payment terms generally applicable to the Group\u2019s revenue generating activities, prepayments are received only to a limited extent. Typically, payment is due upon or after completion of the services.Part of the deferred income presented in the balance sheet constitutes contract liabilities which represent advance payments and billings in excess of revenue recognised.There were no significant changes in accrued income and deferred income during the reporting period.Loss allowance disclosed in note 4.5 relates to receivables arising from contracts with customers.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-41-4": {
"value": "Contract balances 2022 2021Trade receivables from revenue from contracts with customers 6,508 5,305Accrued income \u2013 contract asset 263 -Accrued income \u2013 contract liability - 92Deferred income \u2013 contract liability 45 45Accrued income included in trade receivables in the balance sheet constitutes contract assets comprising unbilled amounts to customers representing the Group\u2019s right to consideration for the services transferred to date. Any amount previously recognised as accrued income is reclassified to trade receivables at the time it is invoiced to the customer. Deferred income is recognised in the income statement within 12 months.Under the payment terms generally applicable to the Group\u2019s revenue generating activities, prepayments are received only to a limited extent. Typically, payment is due upon or after completion of the services.Part of the deferred income presented in the balance sheet constitutes contract liabilities which represent advance payments and billings in excess of revenue recognised.There were no significant changes in accrued income and deferred income during the reporting period.Loss allowance disclosed in note 4.5 relates to receivables arising from contracts with customers.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredIncomeExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-41-5": {
"value": "Contract balances 2022 2021Trade receivables from revenue from contracts with customers 6,508 5,305Accrued income \u2013 contract asset 263 -Accrued income \u2013 contract liability - 92Deferred income \u2013 contract liability 45 45Accrued income included in trade receivables in the balance sheet constitutes contract assets comprising unbilled amounts to customers representing the Group\u2019s right to consideration for the services transferred to date. Any amount previously recognised as accrued income is reclassified to trade receivables at the time it is invoiced to the customer. Deferred income is recognised in the income statement within 12 months.Under the payment terms generally applicable to the Group\u2019s revenue generating activities, prepayments are received only to a limited extent. Typically, payment is due upon or after completion of the services.Part of the deferred income presented in the balance sheet constitutes contract liabilities which represent advance payments and billings in excess of revenue recognised.There were no significant changes in accrued income and deferred income during the reporting period.Loss allowance disclosed in note 4.5 relates to receivables arising from contracts with customers.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-43-3": {
"value": "Segment informationThe allocation of business activities into segments re-flects A.P. Moller - Maersk\u2019s character as an integrated container logistics business and is in line with the inter-nal management reporting. The reportable segments are as follows:Ocean Global container shipping activities, including strategic transhipment hubs and sale of bunker oilLogistics Integrated transportation, fulfilment & Servicesand management solutions, including landside and air transportation as well as warehousing and supply chain management offeringsTerminals Gateway terminal activitiesTowage & Towage and related marine activities, Maritime production of reefer containers, Servicesproviding offshore supply service and trading and other businessesOperating segments have not been aggregated.The reportable segments comprise:OceanOcean activities Activities under Maersk Line, Hamburg S\u00fcd, Sealand \u2013 A Maersk company, and Alian\u00e7a with ocean container freight being the main revenue stream. Ocean container freight is defined as the cost-per-weight measure of transporting goods on board a container vessel across the ocean, including demurrage and detention, terminal handling, documentation services, container services as well as container storage.Hub activitiesActivities under the APM Terminals brand-generating revenue by providing port services only in major tran-shipment ports such as Maasvlakte-II, Algeciras, Tangier, Tangier-Med II, Port Said, and joint ventures in Salalah and Tanjung Pelepas. The respective terminals are included under the Ocean segment, as the primary pur-pose of those ports is to provide transhipment services to A.P. Moller - Maersk\u2019s Ocean business, whereas third-party volumes sold in those locations are considered secondary.Maersk Oil TradingSourcing marine fuels for A.P. Moller - Maersk\u2019s fleet and third-party customers, in addition to operating a fuel infrastructure in key bunker ports.Logistics & ServicesManaged by MaerskService the supply chain with Lead Logistics (Supply Chain Management and 4PL), Cold Chain logistics and Custom Services, enabling customers to control or out-source part of or all their supply chain.Fulfilled by MaerskActivities such as Contract Logistics (Warehousing, Distribution and Depot) and e-commerce supporting integrated fulfilment solutions, to improve customer consolidation. Transported by MaerskIntegrated transportation solutions supported by Landside Transportation (Intermodal and Interconti-nental Rail), Value Protect, Air & Less Than Container Load (LCL), Full Container Load (FCL) and Maersk Air Cargo, to facilitate supply chain control across A.P. Moller - Maersk.TerminalsTerminals activitiesActivities in ports fully or partially controlled by the APM Terminals brand, with the main revenue stream being port activities not considered a hub activity as described above.Towage & Maritime ServicesTowage activitiesActivities under the Svitzer brand, a provider of off-shore towage, salvage and marine services.Maersk Container IndustryManufacturer that produces reefer containers.Maersk Supply ServiceProvides marine services and integrated solutions to the energy sector worldwide with a large fleet of anchor handling tug supply vessels and subsea sup-port vessels.Other businessesConsists of Maersk Growth, Maersk Training and other services to the maritime industry.Unallocated itemsThe reportable segments do not comprise Group- related costs in A.P. Moller - Maersk\u2019s corporate functions. These functions are reported as unallocated items. Revenue between segments is limited, except for the Terminals segment, where a large part of the services is delivered to the Ocean segment as well as the sale of containers from Maersk Container Industry to the Ocean segment.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-46-3": {
"value": "Income statementRevenue for all businesses is recognised when the performance obligation has been satisfied, which happens upon the transfer of control to the customer at an amount that reflects the consideration to which the Group expects to be entitled in exchange for the goods and services. Revenue from shipping activities is recognised over time as the performance obligation is satisfied, includ-ing a share of revenue from incomplete voyages at the balance sheet date. Invoiced revenue related to an estimated proportion of remaining voyage time and ac-tivities at the destination port is deferred. Percentage of completion is calculated as the number of days of a voyage as a percentage of the total number of days a voyage is estimated to last. Detention and demurrage fees are recognised over time up until the time of the customer\u2019s late return or pick-up of containers. Revenue from terminal operations and towing activities is recognised upon completion of the service. In container terminals operated under certain restrictive terms of pricing and service, etc., the value of tangible assets constructed on behalf of the concession grantor is recognised as revenue during the construction. Revenue from most freight forwarding activities is recognised over time. Revenue from the sale of goods is recognised upon the transfer of control to the buyer. No significant element of financing is deemed pres-ent as sales are made with a credit term of 20-45 days, which is consistent with market practice. Revenue from sales is recognised based on the price specified in the contract, net of the estimated volume discounts. Accu-mulated experience is used to estimate and provide for the discounts, using the expected value method, and revenue is only recognised to the extent that it is highly probable that a significant reversal will not occur.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-48-2": {
"value": "Note 2.2 Operating costs2022 2021Costs of goods sold 1,849 1,750Bunker costs 8,041 5,378Terminal costs 6,958 6,995Intermodal costs 4,532 3,988Port costs 2,188 2,183Rent and lease costs 1,539 1,617Staff costs 7,087 6,132Other 12,688 9,705Total operating costs 44,882 37,748Note 2.3 Depreciation, amortisation and impairment losses, net2022 2021Total depreciation 5,595 4,315Total amortisation 365 277Total impairment, net 226 352Depreciation, amortisation and impairment losses, net 6,186 4,944Depreciation is primarily related to property, plant, and equipment of USD 2.5bn (USD 2.3bn) and to right-of-use assets of USD 3.1bn (USD 2.0bn). Amortisation of USD 365m (USD 277m) is related to intangible assets. Total net impairments are primarily due to property, plant and equipment of USD 139m (USD 320m), intangible assets of USD 68m (USD 26m) and tugboats impaired as a result of the wind down of operations in Russia of USD 18m (USD 0m). Refer to note 2.5 Russia/Ukraine impact, note 3.1 Intangible assets and note 3.2 Property, plant and equipment.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-48-3": {
"value": "Note 2.2 Operating costs2022 2021Costs of goods sold 1,849 1,750Bunker costs 8,041 5,378Terminal costs 6,958 6,995Intermodal costs 4,532 3,988Port costs 2,188 2,183Rent and lease costs 1,539 1,617Staff costs 7,087 6,132Other 12,688 9,705Total operating costs 44,882 37,748Note 2.3 Depreciation, amortisation and impairment losses, net2022 2021Total depreciation 5,595 4,315Total amortisation 365 277Total impairment, net 226 352Depreciation, amortisation and impairment losses, net 6,186 4,944Depreciation is primarily related to property, plant, and equipment of USD 2.5bn (USD 2.3bn) and to right-of-use assets of USD 3.1bn (USD 2.0bn). Amortisation of USD 365m (USD 277m) is related to intangible assets. Total net impairments are primarily due to property, plant and equipment of USD 139m (USD 320m), intangible assets of USD 68m (USD 26m) and tugboats impaired as a result of the wind down of operations in Russia of USD 18m (USD 0m). Refer to note 2.5 Russia/Ukraine impact, note 3.1 Intangible assets and note 3.2 Property, plant and equipment.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfExpensesByNatureExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-48-4": {
"value": "Note 2.2 Operating costs2022 2021Costs of goods sold 1,849 1,750Bunker costs 8,041 5,378Terminal costs 6,958 6,995Intermodal costs 4,532 3,988Port costs 2,188 2,183Rent and lease costs 1,539 1,617Staff costs 7,087 6,132Other 12,688 9,705Total operating costs 44,882 37,748",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-48-5": {
"value": "Note 2.2 Operating costs2022 2021Costs of goods sold 1,849 1,750Bunker costs 8,041 5,378Terminal costs 6,958 6,995Intermodal costs 4,532 3,988Port costs 2,188 2,183Rent and lease costs 1,539 1,617Staff costs 7,087 6,132Other 12,688 9,705Total operating costs 44,882 37,748",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCostOfSalesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-49-2": {
"value": "Remuneration of employeesWages and salaries 6,237 5,415Severance payments 97 30Pension costs, defined benefit plans 35 21Pension costs, defined contribution plans 256 231Other social security costs 513 437Total remuneration 7,138 6,134Of which:Recognised in the cost of assets 8 1Included in restructuring costs 43 1Expensed as staff costs 7,087 6,132For information about share-based payments, reference is made to note 5.2.Note 4.3 Pensions and similar obligationsUK Other Total UK Other Total2022 2022 2022 2021 2021 2021Specification of net liabilityPresent value of funded plans 1,396 374 1,770 2,233 505 2,738Fair value of plan assets -1,583 -301 -1,884 -2,452 -406 -2,858Net liability of funded plans -187 73 -114 -219 99 -120Present value of unfunded plans - 105 105 - 105 105Impact of minimum funding requirement/asset ceiling 66 - 66 81 1 82Net liability 31 December -121 178 57 -138 205 67Of which:Pensions, net assets 134 148Pensions and similar obligations 191 215UK Total UK TotalSignificant financial assumptions 2022 2022 2021 2021Discount rate 4.8% 4.7% 2.0% 2.1%Inflation rate 3.5% 3.3% 3.5% 3.3%As employer, the Group participates in pension plans according to normal practice in the countries in which the Group operates. Generally, the pension plans within the Group are defined contribution plans, where contributions are recog-nised in the income statement on an accrual basis. A number of entities have defined benefit plans, in which retirement benefits are based on length of service and salary level. To a limited extent, these defined benefit plans also include payment of medical expenses, etc.In 2023, the Group expects to pay contributions totalling USD 25m (USD 36m) to funded defined benefit plans.The majority of the Group\u2019s defined benefit liabilities are 74% in the UK and 13% in the USA. All of the plans in the UK and the majority of the plans in the USA are funded. Although all of the UK plans are now closed to new entrants, active members in the two largest plans continue to accrue new benefits. The smaller UK plans are all closed to new accruals, although a salary link remains in some of the plans.Overall, the plans have an average duration of 12 years, and approximately 62% of the obligation is in respect of pensioner members.As well as being subject to the risks of falling interest rates, which would increase the obligation, poor asset returns and pensioners living longer than anticipated, the Group is also subject to the risk of higher-than- expected inflation. This is because many pension benefits, particularly in the UK plans, increase in line with inflation although some minimum and maximum limits apply.31 DecemberLife expectancy 2022 2042 2021 204165-year-old male in the UK 22.0 23.5 21.9 23.365-year-old female in the UK 24.3 25.8 24.2 25.5The sensitivity of the liabilities and pension costs to the key assumptions are as follows:Increase DecreaseSensitivities for key assumptions in the UKFactors \u2018Change in liability\u2019 2022 2022Discount rate Increase/(decrease) by 25 basis points -43 45Inflation rate Increase/(decrease) by 25 basis points 24 -20Life expectancy Increase/(decrease) by one year 63 -62UK Other Total UK Other TotalSpecification of plan assets 2022 2022 2022 2021 2021 2021Insurance contracts 1,172 54 1,226 1,829 68 1,897 Shares 52 15 67 81 100 181 Government bonds 130 37 167 203 117 320 Corporate bonds 53 176 229 199 100 299 Real estate 8 6 14 9 7 16 Other assets 168 13 181 131 14 145 Fair value 31 December 1,583 301 1,884 2,452 406 2,858 Rates of life expectancy reflect the most recent mortality investigations, and in line with market practice an allowance is made for future improvements in life expectancy. The Group assumes that future improvements will be in line with the latest projections of 1.25% for all UK plans. The liabilities are calculated using assumptions that are the Group\u2019s best estimate of future experience bearing in mind the requirements of IAS 19. The Group\u2019s plans are funded in accordance with applicable local legislation. In the UK, each plan has a Trustee Board that is required to act in the best interests of plan members. Every three years, a formal valuation of the plan\u2019s liabilities is carried out using a prudent basis, and if the plan is in deficit, the Trustees agree with the Group or the sponsoring employer on a plan for recovering that deficit. Around 85% of the UK liabilities are now covered by insurance policies. Therefore, movement in the liabilities due to change in assumptions would equally impact the assets value related to the buy-in policies, resulting in a reduced movement in the overall balance sheet position.Note 4.3 Pensions and similar obligations \u2013 continuedNo contributions to the UK plans are expected for 2023 (no contributions to the UK plans were expected for 2022). In most of the UK plans, any surplus remaining after the last member dies may be returned to the Group. However, the Merchant Navy Ratings Pension Fund (MNRPF), and the Merchant Navy Officers Pension Fund (MNOPF) contributions paid by the Group are not refundable in any circumstance and the balance sheet liability reflects an adjustment for any agreed deficit recovery contributions in excess of deficit determined using the Group\u2019s assumptions. In 2022 an adjustment of USD 3m (USD 3m) was applied in this respect. Other than the insurance contracts and a small proportion of other holdings, the plan assets held by the Group are quoted investments.Present Fair value Adjust-Net Of which:Change in net liabilityvalue of of plan mentsliabilityUKobligationsassets1 January 2022 2,843 2,858 82 67 -138Current service cost, administration cost etc. 23 -11 - 34 8Calculated interest expense/income 53 53 1 1 -2Recognised in the income statement in 2022 76 42 1 35 6 Actuarial gains/losses from changes in financial and demographic assumptions, etc. -666 -638 - -28 4Adjustment for unrecognised asset due to asset ceiling - - -8 -8 -8Recognised in other comprehensive income in 2022 -666 - 638 -8 -36 -4 Contributions from the Group and employees - 3 - -3 -Benefit payments -132 -119 - -13 -Effect of business combinations and disposals 3 - - 3 -Exchange rate adjustments -249 -262 -9 4 1531 December 2022 1,875 1,884 66 57 -121Present Fair value Adjust-Net Of which:Change in net liabilityvalue of of plan mentsliabilityUKobligationsassets1 January 2021 3,099 3,107 80 72 -185Current service cost, administration cost etc. 9 -12 - 21 10Calculated interest expense/income 50 51 1 - -3Recognised in the income statement in 2021 59 39 1 21 7Actuarial gains/losses from changes in financial and demographic assumptions, etc. -128 - - -128 -120Return on plan assets, exclusive calculated interest income - -150 - 150 165Adjustment for unrecognised asset due to asset ceiling - - 1 1 1Recognised in other comprehensive income in 2021 -128 -150 1 23 46Contributions from the Group and employees - 11 - -11 -6Benefit payments -146 -136 - -10 - Effect of business combinations and disposals -14 5 - -19 - Exchange rate adjustments -27 -18 - -9 - 31 December 2021 2,843 2,858 82 67 -138Note 4.3 Pensions and similar obligations \u2013 continuedMulti-employer plansUnder collective agreements, certain entities in the Group participate together with other employers in defined benefit pension plans as well as welfare/medical plans (multi-employer plans). In general, the contributions to the schemes are based on man hours worked or cargo tonnage handled, or a combination hereof.For the defined benefit pension plans, the Group has joint and several liabilities to fund total obligations. While the welfare/medical plans are by nature contribution plans funded on a pay-as-you-go basis. In 2022, the Group\u2019s con-tributions to the pension and welfare/medical plans are estimated at USD 124m (USD 97m) and USD 371m (USD 320m), respectively. The contributions to be paid in 2023 are estimated at USD 125m (USD 97m) for the pension plans and USD 374m (USD 335m) for the welfare/medical plans.No reliable basis exists for allocation of the schemes\u2019 obligations and plan assets to individual employer participants. For the pension plans where the Group has an interest and there is a deficit, the net obligations for all employer\u2019s amount to USD 19m (USD 97m). This net obligation is based on the most recent available financial data from the plan\u2019s trustees, calculated in accordance with the rules for such actuarial calculation in US GAAP. The deficit in some of the schemes may necessitate increased contributions in the future. Welfare/medical plans are pay-as-you-go and form a part of the Group\u2019s US collective bargaining agreements. They cover a limited part of employees\u2019 medical costs as occurred.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-50-2": {
"value": "Customary agreements have been entered into with employees regarding compensation in connection with resignation with consideration for local legislation and collective agreements.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutEmployeesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-52-2": {
"value": "Fees and remuneration to Executive Board and other key management personnel 2022 2021Fixed base salary 8 9Short-term cash incentive 6 81Long-term share-based incentives8 3Remuneration in connection with redundancy, resignation and release from duty to work 8 -Total remuneration to Executive Board and other key management personnel 30 201 During 2022, it was announced that Morten H. Engelstoft would leave A.P. Moller - Maersk effective end June 2022 and S\u00f8ren Skou effective end December 2022. In accordance with the terms and conditions of the restricted share plan and the stock option plan, any remaining expenses related to previous years plans are accelerated and recognised in 2022 for plans that are kept, and previously recognised expenses are reversed for cancelled plans. This has resulted in an increase in the long-term share-based incentives remuneration in 2022.Contract of employment for the Executive Board contains terms customary in Danish listed companies, including termi-nation notice and competition clauses. In connection with a possible takeover offer, neither the Executive Board nor the Board of Directors will receive special remuneration. Fees and remuneration do not include pension. Key management comprises of the Executive Board, Board of Directors, and other key management personnel.Total fees paid to other key management personnel during the year was USD 1.9m (USD 1.5m), comprising short-term employee benefits of USD 1.8m (USD 1.4m) and long-term share-based incentives of USD 0.1m (USD 0.1m). The Board of Directors has received fees of USD 2m (USD 3m). For disclosure of remuneration to the Executive Board of the parent company, refer to note 2.1 of the parent company financial statements.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-52-3": {
"value": "Fees and remuneration to Executive Board and other key management personnel 2022 2021Fixed base salary 8 9Short-term cash incentive 6 81Long-term share-based incentives8 3Remuneration in connection with redundancy, resignation and release from duty to work 8 -Total remuneration to Executive Board and other key management personnel 30 201 During 2022, it was announced that Morten H. Engelstoft would leave A.P. Moller - Maersk effective end June 2022 and S\u00f8ren Skou effective end December 2022. In accordance with the terms and conditions of the restricted share plan and the stock option plan, any remaining expenses related to previous years plans are accelerated and recognised in 2022 for plans that are kept, and previously recognised expenses are reversed for cancelled plans. This has resulted in an increase in the long-term share-based incentives remuneration in 2022.Contract of employment for the Executive Board contains terms customary in Danish listed companies, including termi-nation notice and competition clauses. In connection with a possible takeover offer, neither the Executive Board nor the Board of Directors will receive special remuneration. Fees and remuneration do not include pension. Key management comprises of the Executive Board, Board of Directors, and other key management personnel.Total fees paid to other key management personnel during the year was USD 1.9m (USD 1.5m), comprising short-term employee benefits of USD 1.8m (USD 1.4m) and long-term share-based incentives of USD 0.1m (USD 0.1m). The Board of Directors has received fees of USD 2m (USD 3m). For disclosure of remuneration to the Executive Board of the parent company, refer to note 2.1 of the parent company financial statements.Note 5.6 Related parties1Controlling Associated Joint ventures Management partiescompanies2022 2021 2022 2021 2022 2021 2022 2021Income statementRevenue 4 10 52 25 186 197 - - 22Operating costs 38 27 550 598 593 667 1412Remuneration to management - - - - - - 34 25Financial income 45 37 - - - - - - Other - - - - 2 2 - - AssetsOther receivables, non-current - 3 - - 27 32 - - Trade receivables 1 2 35 31 11 20 - - Other receivables, current 380 145 9 38 16 14 - - Cash and bank balances 730 721 - - - - - - LiabilitiesBank and other credit institutions, etc., current - - - - 44 23 - - Trade payables - - 62 71 82 88 2 2Other 45 16 - - 3 19 - - 33Shares bought back 1,332738- - - - - -Capital increase - - 31 49 1 33 - - Dividends earned - - 191 152 137 134 - -44Dividends distributed 3,613554- - - - - - 1 The Board of Directors and the Executive Board in A.P. M\u00f8ller - M\u00e6rsk A/S, A.P. M\u00f8ller Holding A/S, A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal and their close relatives (including undertakings under their control). Trade receivables and payables include customary business-related accounts regarding shipping activities.2 Includes commission and commercial receivables to Maersk Broker K/S from chartering as well as the purchase and sale of ships.3 Includes shares bought back from A.P. M\u00f8ller Holding A/S (2022 and 2021) and A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familiefond (the Foundation) (2022).4 Includes dividends paid to A.P. M\u00f8ller Holding A/S, A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familiefond (the Foundation) and Den A.P. M\u00f8llerske St\u00f8ttefond.Joint usage agreement with A.P. M\u00f8ller Holding A/SWith the objective of further strengthening the value of the brands, in 2018 A.P. M\u00f8ller - M\u00e6rsk A/S entered into a joint usage agreement with A.P. M\u00f8ller Holding A/S regarding the use of commonly used trademarks which historically have benefited both A.P. M\u00f8ller - M\u00e6rsk A/S and A.P. M\u00f8ller Holding A/S. A.P. M\u00f8ller Holding A/S is the controlling share-holder of A.P. M\u00f8ller - M\u00e6rsk A/S and is wholly owned by A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal. The joint usage agreement establishes a framework and a branding strategy for the commonly used trademarks and a joint brand board, where the parties can cooperate regarding the use of these trademarks.Share buy-back programmeAccording to a separate agreement, A.P. M\u00f8ller Holding A/S and A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familie fond (the Foundation) participate on a pro rata basis to the shares purchased in the company\u2019s share buy-back programme. A.P. M\u00f8ller Holding A/S participates in selling A and B shares and A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familiefond (the Foundation) participates in selling B shares. A.P. M\u00f8ller Holding A/S, Copenhagen, Denmark has control over the company and prepares consolidated financial statements.A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal is the ultimate owner.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-55-2": {
"value": "Fees to the statutory auditors 2022 2021Statutory audit 15 14Other assurance services - 1Tax and VAT advisory services 1 1Other services 3 3Total fees 19 19Fees other than the statutory audit of the financial statements provided by PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab to A.P. Moller - Maersk mainly consist of financial due diligence and transaction advice, ac-counting advisory services, tax advice, and other advisory accounting and tax services.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-58-4": {
"value": "Note 2.3 Depreciation, amortisation and impairment losses, net2022 2021Total depreciation 5,595 4,315Total amortisation 365 277Total impairment, net 226 352Depreciation, amortisation and impairment losses, net 6,186 4,944Depreciation is primarily related to property, plant, and equipment of USD 2.5bn (USD 2.3bn) and to right-of-use assets of USD 3.1bn (USD 2.0bn). Amortisation of USD 365m (USD 277m) is related to intangible assets. Total net impairments are primarily due to property, plant and equipment of USD 139m (USD 320m), intangible assets of USD 68m (USD 26m) and tugboats impaired as a result of the wind down of operations in Russia of USD 18m (USD 0m). Refer to note 2.5 Russia/Ukraine impact, note 3.1 Intangible assets and note 3.2 Property, plant and equipment.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-58-5": {
"value": "Note 2.3 Depreciation, amortisation and impairment losses, net2022 2021Total depreciation 5,595 4,315Total amortisation 365 277Total impairment, net 226 352Depreciation, amortisation and impairment losses, net 6,186 4,944Depreciation is primarily related to property, plant, and equipment of USD 2.5bn (USD 2.3bn) and to right-of-use assets of USD 3.1bn (USD 2.0bn). Amortisation of USD 365m (USD 277m) is related to intangible assets. Total net impairments are primarily due to property, plant and equipment of USD 139m (USD 320m), intangible assets of USD 68m (USD 26m) and tugboats impaired as a result of the wind down of operations in Russia of USD 18m (USD 0m). Refer to note 2.5 Russia/Ukraine impact, note 3.1 Intangible assets and note 3.2 Property, plant and equipment.Note 2.5 Russia/Ukraine impactDue to the Russian invasion of Ukraine on 24 February 2022, A.P. Moller - Maersk decided to withdraw from doing business in Russia. Since the decision was made in Q1 2022, A.P. Moller - Maersk has continued the process of winding down operations in Russia with the intent to ultimately leave the country.As a result, the recoverable amounts of assets in Russia and Ukraine were reassessed, impairment losses were recognised, and provisions were made to cover costs relating to the withdrawal from operations. The income statement in 2022 was negatively impacted by USD 511m.In Terminals, A.P. Moller - Maersk divested its minority stake of 30.75% of Global Ports Investments (GPI). The divest-ment led to a total impairment loss of USD 403m, including the related recycling of translation reserve loss and other related impairments. Of this, USD 350m is recognised as share of profit/loss from joint ventures and associated com-panies in the income statement and USD 53m is recognised as gains on sale of non-current assets, etc., net. In Ocean, A.P. Moller - Maersk terminated all cargo operations in Russian ports. This negatively impacted the income statement by USD 41m, mainly due to impairments of containers and receivables. In Logistics & Services, two warehouses have been fully impaired, and all services to and from Russia and Belarus have been suspended. The total negative impact in Logistics & Services was USD 49m. Svitzer has a single operation in Russia providing towage services. Svitzer has taken steps to divest its operations including four tugs. All assets have been impaired with a negative impact to the income statement of USD 18m.Except for the divestment of GPI, the impacts have been classified as non-cash items in the cash flow statement.The details of the income statement impact are as follows:12MOperating segment Impacted area2022Ocean Net impairments of containers, net write-down of receivables, provisions -41Logistics & Services Net impairments of warehouses, net write-down of receivables, provisions -49Terminals Net impairments of investment in joint venture, including recycling of translation reserve loss -403Towage & Maritime Impairments of tugboatsServices-18Total income statement impact -511Note 3.1 Intangible assetsGoodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2022 1,928 3,132 1,579 1,205 7,844Additions - 25 - 324 3491Acquired in business combinations3,667 - 1,474 213 5,354Disposals - - - 352 352Transfers - -4 - 4 -Transfers, assets held for sale - -104 - 1 -103Exchange rate adjustments -41 -64 -10 -24 -13931 December 2022 5,554 2,985 3,043 1,371 12,953 Amortisation and impairment losses1 January 2022 367 794 324 590 2,075Amortisation - 110 147 108 3654Impairment losses- 15 21 32 68Disposals - - - 221 221Transfers - -3 - 3 -Transfers, assets held for sale - -79 - 1 -78Exchange rate adjustments -18 -13 -1 -9 -412331 December 2022 349 824 491 504 2,168 Carrying amount:2331 December 2022 5,205 2,161 2,552 867 10,785 1 Acquisition of LF Logistics, Pilot, Senator and ResQ (2021: Visible Supply Chain Management, B2C Europe, and HUUB). 2 Of which USD 38m (USD 28m) is under development. USD 34m (USD 29m) is related to terminal rights with indefinite useful life in Poti Sea Port Corp. The impairment test is based on the estimated fair value according to business plans. An average discount rate of 9.91% (9.95%) p.a. after tax has been applied in the calculations. Furthermore, the develop-ments in volumes and rates are significant parameters. Service concession rights with a carrying amount of USD 70m (USD 79m) have restricted title.3 Of which USD 141m (USD 197m) is related to ongoing development of software.4 Impairment losses on intangible assets primarily consist of USD 15m (USD 14m) on terminal and service concession rights in Terminals, USD 21m (USD 0m) on partnerships in Logistics & Services and USD 28m (USD 8m) on other rights within Ocean.Goodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2021 1,422 3,215 1,441 977 7,055Additions - -21 - 245 2241Acquired in business combinations621 - 153 68 842Disposals 76 1 - 37 114Transfers, assets held for sale - -5 - -11 -16Exchange rate adjustments -39 -56 -15 -37 -14731 December 2021 1,928 3,132 1,579 1,205 7,844Amortisation and impairment losses1 January 2021 454 685 227 544 1,910Amortisation - 113 98 66 2774Impairment losses - 14 - 14 28Reversal of impairment losses - - - 2 2Disposals 76 - - - 76Transfers, assets held for sale - -5 - -9 -14Exchange rate adjustments -11 -13 -1 -23 -482331 December 2021 367 794324 5902,075Carrying amount:2331 December 2021 1,561 2,3381,255 6155,769Significant accounting judgementsDetermination of cash-generating unitsJudgement is applied in the determination of cash- generating units of which goodwill is allocated to im-pairment testing and in the selection of methodologies and assumptions applied in impairment tests. The determination of cash-generating units differs based on the business area. Ocean operates its fleet of container vessels and hub terminals in an integrated network. Consequently, the Ocean activities are tested for impairment as a single cash-generating unit. Logistics & Services, including intermodal activities, is considered one cash-generating unit as a result of the continued integration within the business. Management views the Logistics & Services products as an integrated network, with the activities tested for impairment as a single cash-generating unit. In Terminals, each terminal is considered an individual cash-generating unit for impairment tests, except when the capacity is managed as a portfolio. Towage & Maritime Services includes towage activ-ities made up of two separate cash-generating units as well as several individual businesses which are each considered one cash-generating unit.Significant accounting estimatesImpairment \u2013 assessment inputsThe recoverable amount of each cash-generating unit is determined based on the higher of its value in use or fair value less costs to sell. The estimated value in use is calculated using certain key assumptions for the expected future cash flows and applied discount factor. Current market values for vessels, etc., are estimated using acknowledged brokers. Projected cash flow models are used when fair value is not obtainable or when fair value is deemed lower than value in use. The cash flow projections are based on financial budgets and business plans approved by management. In nature, these projections are subject to judgement and estimates that are uncertain, though based on experience and external sources where available. Cen-tralised processes and involvement of corporate func-tions ensure that indices and data sources are selected consistently while observing differences in risks and other circumstances. The discount rates applied reflect the time value of money as well as the specific risks related to the under-lying cash flows, i.e., project and/or country- specific risk premium. The discount rate also takes into consideration development in sustainable technologies. Further, any uncertainties reflecting past performance and possible variations in the amount or timing of the projected cash flows are generally reflected in the discount rates.Impairment \u2013 key assumptions applied The outcome of impairment tests is subject to esti-mates of the future development of freight rates and volumes, oil prices and the discount rates applied. Management determines the key assumptions for each impairment test by considering past experience as well as market analysis and future expectations based on supply and demand trends. The future development in freight rates is an uncertain and sig-nificant factor impacting the Ocean segment in par-ticular, whose financial results are directly affected by fluctuations in container freight rates. Freight rates are expected to be influenced by regional and global economic environments, trade patterns, and by industry- specific trends in respect of capacity supply and demand. As the market has started on its path to normalisa-tion, shipment and contract rates have begun to see a decline in 2022 and are expected to continue to decline, until part way through 2023. The overall volume growth outlook is flat in 2023 and is expected to increase from 2024 onwards. The future development in the oil price is also an uncertain and significant factor impacting accounting estimates across A.P. Moller - Maersk, either directly or indirectly. Ocean is directly impacted by the bunker oil price, where the competitive landscape determines the extent to which the development is reflected in the freight rates charged to the customer. Bunker consump-tion is expected to reduce compared to 2022, driven by fleet outsourcing and efficiency improvements.Terminals under APM Terminals located in oil-producing countries, e.g., Nigeria and Brazil, are indirectly impacted by the development in oil prices and the consequences for the respective countries\u2019 economies, which not only affects volumes handled in the terminals, but also for-eign exchange rates. Continued economic deterioration and a lack of cash repatriation opportunities in certain oil-producing countries could also put pressure on the carrying amounts of individual terminals. The key sensitivities impacting Terminals include container moves, revenue and cost per move, and local port rates, all of which are impacted by the local eco-nomic outlook and competition, as well as concession right extensions and the discount rate applied. Inflation is also expected to have a higher impact across of A.P. Moller - Maersk in 2023 than in 2022 and in prior years.Impairment \u2013 results of impairment assessmentsIn Ocean, the cash flow projection is based on forecasts as per Q3 2022, covering five-year business plans for 2023-27. Management has applied an assumption of growth in volumes based on a calculated terminal value with growth equal to the expected economic growth of 2.5% (2.0%) p.a., based on pressure on freight rates, and continued cost efficiency. A pre-tax discount rate of 9.2% (7.2%) p.a. has been applied. The impairment test showed headroom between the value in use and the carrying amount. Management is of the opinion that the assumptions applied are sustainable. The most significant goodwill amount relates to the Logistics & Services segment, where the impairment test is based on the estimated value in use from five-year business plans for 2022-27, where the volume and margin growth assumptions, which are regionally specific, reflect the current market expectations for the relevant period. The applied terminal growth is 2% (2%). A discount rate of 8.4% (6.8%) p.a. pre-tax or 8.2% (6.6%) p.a. after tax has been applied. The impairment test showed headroom from the value in use to the carry-ing amount. In Terminals, management assesses indicators of impairment including decreasing volumes and based on these indicators, estimates the recoverable amounts of the individual terminals whereby impairment indicators exist. Management also tests for impairment of the CGUs to which goodwill or indefinite life intangible assets are allocated. The cash flow projections for each terminal cover the concession period and extension options deemed likely to be exercised. The growth rates assumed reflect current market expectations for the relevant period, and the discount rates applied are between 7.2% and 13.0% (5.9% and 10.6%) p.a. after tax. In addition, during Q1 2022, as a result of A.P. Moller - Maersk\u2019s decision to withdraw from doing business in Russia, Terminals recognised impairment of USD 485m on its minority stake in Global Ports Invest-ments (GPI). During Q3 2022, APM Terminals sold its holding in GPI, resulting in the reversal of previously recognised impairment losses of USD 135m. Net im-pairment losses recognised on GPI during 2022 are USD 350m. For further details, reference is made to note 2.5 Russia/Ukraine impact. The impairment tests considered fair value less cost of disposal compared to the carrying amount, and resulted in net impairment of USD 350m on GPI as well as impairment losses on assets of an imma-terial amount in two terminals in 2022 (impairment losses of an immaterial amount in three terminals were recognised in 2021).Note 3.2 Property, plant and equipmentShips, Production Construction Totalaircraft, facilities and work in con tainers, equipment, progress and etc.etc.payment on accountCost1 January 2022 47,804 7,946 1,177 56,927Additions from acquired companies 1 200 9 210Additions 1,507 169 1,965 3,641Disposals 1,075 124 - 1,199Transfers 531 322 -853 -Transfers, assets held for sale -51 -54 16 -89Reclassification from/to right-of-use assets 84 -8 -3 73Exchange rate adjustment -102 -242 -15 -35931 December 2022 48,699 8,209 2,296 59,204 Depreciation and impairment losses1 January 2022 25,890 3,734 - 29,624Depreciation 2,064 453 - 2,517Impairment losses 17 112 10 139Disposals 950 102 1 1,053Transfers, assets held for sale -33 -63 -1 -97Reclassification from/to right-of-use assets 35 -7 - 28Exchange rate adjustments -57 -88 -3 -14831 December 2022 26,966 4,039 5 31,010 Carrying amount:31 December 2022 21,733 4,170 2,291 28,194Note 3.2 Property, plant and equipment \u2013 continuedShips, Production Construction Totalaircraft, facilities and work in con tainers, equipment, progress and etc.etc.payment on accountCost1 January 2021 44,917 8,031 377 53,325Additions from acquired companies 1 29 - 30Additions 1,837 129 1,318 3,284Disposals 713 76 5 794Transfers 198 285 -483 - Transfers, assets held for sale -7 -204 -16 -227Reclassification from/to right-of-use assets 1,658 16 - 1,674Exchange rate adjustment -87 -264 -14 -36531 December 2021 47,804 7,946 1,177 56,927Depreciation and impairment losses1 January 2021 23,239 3,602 3 26,844Depreciation 1,892 445 - 2,337Impairment losses 308 39 - 347Reversal of impairment losses 14 13 - 27Disposals 612 68 3 683Transfers, assets held for sale -7 -166 - -173Reclassification from/to right-of-use assets 1,116 - - 1,116Exchange rate adjustments -32 -105 - -13731 December 2021 25,890 3,734 - 29,624Carrying amount:31 December 2021 21,914 4,212 1,177 27,303Impairment tests of tangible assets and impairment losses recognised are specified as follows:Impairment losses Reversal of impairment lossesOperating segment Cash-generating unit 2022 2021 2022 2021Ocean Ocean 14 - - - Logistics & Services Logistics & Services 46 - - - Terminals Various terminals 58 36 - - Towage & Maritime Towage 1 - - -ServicesMaersk Supply Service - 308 - 14Maersk Container Industry 17 - - 13Others 3 3 - - Total 139 347 - 27 Impairment analysisFor more information on impairment tests, reference is made to note 3.1 Intangible assets. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-59-2": {
"value": "Note 2.4 Gains on sale of non-current assets, etc., net2022 2021Gains 204 128Losses 103 32Gains on sale of non-current assets, etc., net 101 96Gains in 2022 are primarily related to the sale of containers of USD 127m (USD 75m) and the sale of vessels of USD 56m (USD 48m). Losses in 2022 are primarily related to the sale of containers of USD 25m (USD 20m) and the wind down of operations in Russia. For more information on the Russia/Ukraine impact, refer to note 2.5 Russia/Ukraine impact.Note 3.2 Property, plant and equipmentShips, Production Construction Totalaircraft, facilities and work in con tainers, equipment, progress and etc.etc.payment on accountCost1 January 2022 47,804 7,946 1,177 56,927Additions from acquired companies 1 200 9 210Additions 1,507 169 1,965 3,641Disposals 1,075 124 - 1,199Transfers 531 322 -853 -Transfers, assets held for sale -51 -54 16 -89Reclassification from/to right-of-use assets 84 -8 -3 73Exchange rate adjustment -102 -242 -15 -35931 December 2022 48,699 8,209 2,296 59,204 Depreciation and impairment losses1 January 2022 25,890 3,734 - 29,624Depreciation 2,064 453 - 2,517Impairment losses 17 112 10 139Disposals 950 102 1 1,053Transfers, assets held for sale -33 -63 -1 -97Reclassification from/to right-of-use assets 35 -7 - 28Exchange rate adjustments -57 -88 -3 -14831 December 2022 26,966 4,039 5 31,010 Carrying amount:31 December 2022 21,733 4,170 2,291 28,194Note 3.2 Property, plant and equipment \u2013 continuedShips, Production Construction Totalaircraft, facilities and work in con tainers, equipment, progress and etc.etc.payment on accountCost1 January 2021 44,917 8,031 377 53,325Additions from acquired companies 1 29 - 30Additions 1,837 129 1,318 3,284Disposals 713 76 5 794Transfers 198 285 -483 - Transfers, assets held for sale -7 -204 -16 -227Reclassification from/to right-of-use assets 1,658 16 - 1,674Exchange rate adjustment -87 -264 -14 -36531 December 2021 47,804 7,946 1,177 56,927Depreciation and impairment losses1 January 2021 23,239 3,602 3 26,844Depreciation 1,892 445 - 2,337Impairment losses 308 39 - 347Reversal of impairment losses 14 13 - 27Disposals 612 68 3 683Transfers, assets held for sale -7 -166 - -173Reclassification from/to right-of-use assets 1,116 - - 1,116Exchange rate adjustments -32 -105 - -13731 December 2021 25,890 3,734 - 29,624Carrying amount:31 December 2021 21,914 4,212 1,177 27,303Impairment tests of tangible assets and impairment losses recognised are specified as follows:Impairment losses Reversal of impairment lossesOperating segment Cash-generating unit 2022 2021 2022 2021Ocean Ocean 14 - - - Logistics & Services Logistics & Services 46 - - - Terminals Various terminals 58 36 - - Towage & Maritime Towage 1 - - -ServicesMaersk Supply Service - 308 - 14Maersk Container Industry 17 - - 13Others 3 3 - - Total 139 347 - 27 Impairment analysisFor more information on impairment tests, reference is made to note 3.1 Intangible assets. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-61-3": {
"value": "Note 3.1 Intangible assetsGoodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2022 1,928 3,132 1,579 1,205 7,844Additions - 25 - 324 3491Acquired in business combinations3,667 - 1,474 213 5,354Disposals - - - 352 352Transfers - -4 - 4 -Transfers, assets held for sale - -104 - 1 -103Exchange rate adjustments -41 -64 -10 -24 -13931 December 2022 5,554 2,985 3,043 1,371 12,953 Amortisation and impairment losses1 January 2022 367 794 324 590 2,075Amortisation - 110 147 108 3654Impairment losses- 15 21 32 68Disposals - - - 221 221Transfers - -3 - 3 -Transfers, assets held for sale - -79 - 1 -78Exchange rate adjustments -18 -13 -1 -9 -412331 December 2022 349 824 491 504 2,168 Carrying amount:2331 December 2022 5,205 2,161 2,552 867 10,785 1 Acquisition of LF Logistics, Pilot, Senator and ResQ (2021: Visible Supply Chain Management, B2C Europe, and HUUB). 2 Of which USD 38m (USD 28m) is under development. USD 34m (USD 29m) is related to terminal rights with indefinite useful life in Poti Sea Port Corp. The impairment test is based on the estimated fair value according to business plans. An average discount rate of 9.91% (9.95%) p.a. after tax has been applied in the calculations. Furthermore, the develop-ments in volumes and rates are significant parameters. Service concession rights with a carrying amount of USD 70m (USD 79m) have restricted title.3 Of which USD 141m (USD 197m) is related to ongoing development of software.4 Impairment losses on intangible assets primarily consist of USD 15m (USD 14m) on terminal and service concession rights in Terminals, USD 21m (USD 0m) on partnerships in Logistics & Services and USD 28m (USD 8m) on other rights within Ocean.Goodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2021 1,422 3,215 1,441 977 7,055Additions - -21 - 245 2241Acquired in business combinations621 - 153 68 842Disposals 76 1 - 37 114Transfers, assets held for sale - -5 - -11 -16Exchange rate adjustments -39 -56 -15 -37 -14731 December 2021 1,928 3,132 1,579 1,205 7,844Amortisation and impairment losses1 January 2021 454 685 227 544 1,910Amortisation - 113 98 66 2774Impairment losses - 14 - 14 28Reversal of impairment losses - - - 2 2Disposals 76 - - - 76Transfers, assets held for sale - -5 - -9 -14Exchange rate adjustments -11 -13 -1 -23 -482331 December 2021 367 794324 5902,075Carrying amount:2331 December 2021 1,561 2,3381,255 6155,769Goodwill carrying amountOperating segment Cash-generating unit 2022 2021Ocean Ocean 316 316 Logistics & Services Logistics & Services 4,582 943 Terminals Multiple terminals 248 248 Towage & Maritime Services Towage - Port Towage Amsterdam and Others 58 53 Other 1 1 Total 5,205 1,561 ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-61-4": {
"value": "Note 3.1 Intangible assetsGoodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2022 1,928 3,132 1,579 1,205 7,844Additions - 25 - 324 3491Acquired in business combinations3,667 - 1,474 213 5,354Disposals - - - 352 352Transfers - -4 - 4 -Transfers, assets held for sale - -104 - 1 -103Exchange rate adjustments -41 -64 -10 -24 -13931 December 2022 5,554 2,985 3,043 1,371 12,953 Amortisation and impairment losses1 January 2022 367 794 324 590 2,075Amortisation - 110 147 108 3654Impairment losses- 15 21 32 68Disposals - - - 221 221Transfers - -3 - 3 -Transfers, assets held for sale - -79 - 1 -78Exchange rate adjustments -18 -13 -1 -9 -412331 December 2022 349 824 491 504 2,168 Carrying amount:2331 December 2022 5,205 2,161 2,552 867 10,785 1 Acquisition of LF Logistics, Pilot, Senator and ResQ (2021: Visible Supply Chain Management, B2C Europe, and HUUB). 2 Of which USD 38m (USD 28m) is under development. USD 34m (USD 29m) is related to terminal rights with indefinite useful life in Poti Sea Port Corp. The impairment test is based on the estimated fair value according to business plans. An average discount rate of 9.91% (9.95%) p.a. after tax has been applied in the calculations. Furthermore, the develop-ments in volumes and rates are significant parameters. Service concession rights with a carrying amount of USD 70m (USD 79m) have restricted title.3 Of which USD 141m (USD 197m) is related to ongoing development of software.4 Impairment losses on intangible assets primarily consist of USD 15m (USD 14m) on terminal and service concession rights in Terminals, USD 21m (USD 0m) on partnerships in Logistics & Services and USD 28m (USD 8m) on other rights within Ocean.Goodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2021 1,422 3,215 1,441 977 7,055Additions - -21 - 245 2241Acquired in business combinations621 - 153 68 842Disposals 76 1 - 37 114Transfers, assets held for sale - -5 - -11 -16Exchange rate adjustments -39 -56 -15 -37 -14731 December 2021 1,928 3,132 1,579 1,205 7,844Amortisation and impairment losses1 January 2021 454 685 227 544 1,910Amortisation - 113 98 66 2774Impairment losses - 14 - 14 28Reversal of impairment losses - - - 2 2Disposals 76 - - - 76Transfers, assets held for sale - -5 - -9 -14Exchange rate adjustments -11 -13 -1 -23 -482331 December 2021 367 794324 5902,075Carrying amount:2331 December 2021 1,561 2,3381,255 6155,769",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-61-5": {
"value": "Note 3.1 Intangible assetsGoodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2022 1,928 3,132 1,579 1,205 7,844Additions - 25 - 324 3491Acquired in business combinations3,667 - 1,474 213 5,354Disposals - - - 352 352Transfers - -4 - 4 -Transfers, assets held for sale - -104 - 1 -103Exchange rate adjustments -41 -64 -10 -24 -13931 December 2022 5,554 2,985 3,043 1,371 12,953 Amortisation and impairment losses1 January 2022 367 794 324 590 2,075Amortisation - 110 147 108 3654Impairment losses- 15 21 32 68Disposals - - - 221 221Transfers - -3 - 3 -Transfers, assets held for sale - -79 - 1 -78Exchange rate adjustments -18 -13 -1 -9 -412331 December 2022 349 824 491 504 2,168 Carrying amount:2331 December 2022 5,205 2,161 2,552 867 10,785 1 Acquisition of LF Logistics, Pilot, Senator and ResQ (2021: Visible Supply Chain Management, B2C Europe, and HUUB). 2 Of which USD 38m (USD 28m) is under development. USD 34m (USD 29m) is related to terminal rights with indefinite useful life in Poti Sea Port Corp. The impairment test is based on the estimated fair value according to business plans. An average discount rate of 9.91% (9.95%) p.a. after tax has been applied in the calculations. Furthermore, the develop-ments in volumes and rates are significant parameters. Service concession rights with a carrying amount of USD 70m (USD 79m) have restricted title.3 Of which USD 141m (USD 197m) is related to ongoing development of software.4 Impairment losses on intangible assets primarily consist of USD 15m (USD 14m) on terminal and service concession rights in Terminals, USD 21m (USD 0m) on partnerships in Logistics & Services and USD 28m (USD 8m) on other rights within Ocean.Goodwill Terminal Customer Other incl. Totaland service relationshipsIT softwareconcession rightsCost1 January 2021 1,422 3,215 1,441 977 7,055Additions - -21 - 245 2241Acquired in business combinations621 - 153 68 842Disposals 76 1 - 37 114Transfers, assets held for sale - -5 - -11 -16Exchange rate adjustments -39 -56 -15 -37 -14731 December 2021 1,928 3,132 1,579 1,205 7,844Amortisation and impairment losses1 January 2021 454 685 227 544 1,910Amortisation - 113 98 66 2774Impairment losses - 14 - 14 28Reversal of impairment losses - - - 2 2Disposals 76 - - - 76Transfers, assets held for sale - -5 - -9 -14Exchange rate adjustments -11 -13 -1 -23 -482331 December 2021 367 794324 5902,075Carrying amount:2331 December 2021 1,561 2,3381,255 6155,769",
"dimensions": {
"concept": "ifrs-full:DisclosureOfServiceConcessionArrangementsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-63-3": {
"value": "Goodwill carrying amountOperating segment Cash-generating unit 2022 2021Ocean Ocean 316 316 Logistics & Services Logistics & Services 4,582 943 Terminals Multiple terminals 248 248 Towage & Maritime Services Towage - Port Towage Amsterdam and Others 58 53 Other 1 1 Total 5,205 1,561 ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-71-2": {
"value": "Ships, buildings, etc. with carrying amount of USD 0.8bn (USD 0.9bn) have been pledged as security for loans of USD 0.5bn (USD 0.5bn).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCollateralExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-68-3": {
"value": "Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-68-4": {
"value": "Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-68-5": {
"value": "Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-68-6": {
"value": "Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForServiceConcessionArrangementsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-68-7": {
"value": "Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.Trade receivablesThe Group has exposure to financial and commercial counterparties, but has no particular concentration of customers or suppliers. To minimise the credit risk, financial vetting is undertaken for all major customers and financial institu-tions, adequate security is required for commercial counterparties, and credit limits are set for financial institutions and key commercial counterparties.The Group applies the simplified approach to providing the expected credit losses prescribed by IFRS 9, which per-mits the use of the lifetime expected loss provision for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. In accordance with IFRS 9, non-due trade receivables have also been considered for impairment.Approximately 31% (44%) of the provision for bad debt is related to trade receivables overdue by more than one year.Other financial assets at amortised costOther financial assets at amortised cost comprise loans receivable, finance lease receivables and other receivables. These financial assets are considered to have low credit risk, and thus the impairment provision calculated based on 12 months of expected losses is considered immaterial. The financial assets are considered to be low risk when they have a low risk of default, and the issuer has a strong capacity to meet its contractual cash flow obligations in the near term.Financial institutionsDeposits and bank balances are primarily held in relationship banks with a credit rating of at least A-. No individual counter-party exposure is above 10%. A.P. Moller - Maersk has ISDA agreements for trading of derivatives, under which the Group has a right to net settlement in the event of certain credit events. This results in the credit risk being limited to the net position per counterparty.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-68-8": {
"value": "Intangible assets are measured at cost less accumulated amortisation and impairment losses. Amortisation is calculated on a straight-line basis over the estimated useful life of the assets. Goodwill has an indefinite use-ful life. For container terminals operated under certain restrictive price and service conditions, etc., conces-sional rights to collect usage charges are included under intangible assets. The cost includes the present value of minimum payments under concession agreements and the cost of property, plant, and equipment constructed on behalf of the grantor of a concession. The rights are amortised from the commencement of operations over the concession period. The concession period ranges from 10 to 34 years, with an average of 17 years. Intangible assets regarding acquired customer rela-tionships and technology are amortised over a useful life of 10-22 years and 5-10 years, respectively. Inter-nally developed IT software is amortised over a useful life of 5 years.Impairment losses are recognised when the carrying amount of an asset or a cash-generating unit exceeds the higher of the estimated value in use and fair value less costs of disposal. Goodwill is attributed to cash-generating units on acquisition and impaired before other assets. Intangible assets and property, plant and equipment are tested for impairment if there is an indication of impairment. However, annual impairment tests are carried out for goodwill and other intangible assets with indefinite useful lives as well as intangible assets that are not yet in use. Impairment losses are included in depreciation, amortisation and impairment, net, in the income statement.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-77-3": {
"value": "Property, plant, and equipment are valued at cost less accumulated depreciation and impairment losses. Depreciation is charged to the income statement on a straight-line basis over the useful life at an estimated residual value. The useful lives of new assets are typi-cally as follows:Ships, etc. 20-25 yearsContainers, etc. 15 yearsBuildings 10-50 yearsTerminal infrastructure 10-30 years or con- cession period, if shorterWarehouses and related 5-25 years, or lease term, infrastructure if shorterAircraft and related 3-30 yearscomponents Plant and machinery, cranes 5-25 yearsand other terminal equipmentOther operating equipment, 3-7 yearsfixtures, etc.Estimated useful lives and residual values are reassessed on a regular basis. The cost of an asset is divided into separate compo-nents, which are depreciated separately if the useful life of the individual component differs. Dry-docking costs are recognised in the carrying amount of ships when incurred and depreciated over the period until the next dry-docking. The cost of assets constructed by A.P. Moller - Maersk includes directly attributable expenses. For assets with a long construction period, borrowing costs during the construction period from specific as well as general borrowings are attributed to cost. In addition, the cost includes the net present value of estimated costs of removal and restoration.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-77-4": {
"value": "Property, plant, and equipment are valued at cost less accumulated depreciation and impairment losses. Depreciation is charged to the income statement on a straight-line basis over the useful life at an estimated residual value. The useful lives of new assets are typi-cally as follows:Ships, etc. 20-25 yearsContainers, etc. 15 yearsBuildings 10-50 yearsTerminal infrastructure 10-30 years or con- cession period, if shorterWarehouses and related 5-25 years, or lease term, infrastructure if shorterAircraft and related 3-30 yearscomponents Plant and machinery, cranes 5-25 yearsand other terminal equipmentOther operating equipment, 3-7 yearsfixtures, etc.Estimated useful lives and residual values are reassessed on a regular basis. The cost of an asset is divided into separate compo-nents, which are depreciated separately if the useful life of the individual component differs. Dry-docking costs are recognised in the carrying amount of ships when incurred and depreciated over the period until the next dry-docking. The cost of assets constructed by A.P. Moller - Maersk includes directly attributable expenses. For assets with a long construction period, borrowing costs during the construction period from specific as well as general borrowings are attributed to cost. In addition, the cost includes the net present value of estimated costs of removal and restoration.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForExpensesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-77-5": {
"value": "Property, plant, and equipment are valued at cost less accumulated depreciation and impairment losses. Depreciation is charged to the income statement on a straight-line basis over the useful life at an estimated residual value. The useful lives of new assets are typi-cally as follows:Ships, etc. 20-25 yearsContainers, etc. 15 yearsBuildings 10-50 yearsTerminal infrastructure 10-30 years or con- cession period, if shorterWarehouses and related 5-25 years, or lease term, infrastructure if shorterAircraft and related 3-30 yearscomponents Plant and machinery, cranes 5-25 yearsand other terminal equipmentOther operating equipment, 3-7 yearsfixtures, etc.Estimated useful lives and residual values are reassessed on a regular basis. The cost of an asset is divided into separate compo-nents, which are depreciated separately if the useful life of the individual component differs. Dry-docking costs are recognised in the carrying amount of ships when incurred and depreciated over the period until the next dry-docking. The cost of assets constructed by A.P. Moller - Maersk includes directly attributable expenses. For assets with a long construction period, borrowing costs during the construction period from specific as well as general borrowings are attributed to cost. In addition, the cost includes the net present value of estimated costs of removal and restoration.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-77-6": {
"value": "Property, plant, and equipment are valued at cost less accumulated depreciation and impairment losses. Depreciation is charged to the income statement on a straight-line basis over the useful life at an estimated residual value. The useful lives of new assets are typi-cally as follows:Ships, etc. 20-25 yearsContainers, etc. 15 yearsBuildings 10-50 yearsTerminal infrastructure 10-30 years or con- cession period, if shorterWarehouses and related 5-25 years, or lease term, infrastructure if shorterAircraft and related 3-30 yearscomponents Plant and machinery, cranes 5-25 yearsand other terminal equipmentOther operating equipment, 3-7 yearsfixtures, etc.Estimated useful lives and residual values are reassessed on a regular basis. The cost of an asset is divided into separate compo-nents, which are depreciated separately if the useful life of the individual component differs. Dry-docking costs are recognised in the carrying amount of ships when incurred and depreciated over the period until the next dry-docking. The cost of assets constructed by A.P. Moller - Maersk includes directly attributable expenses. For assets with a long construction period, borrowing costs during the construction period from specific as well as general borrowings are attributed to cost. In addition, the cost includes the net present value of estimated costs of removal and restoration.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingCostsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-79-2": {
"value": "Note 3.3 Right-of-use assetsShips, Concession Real estate Totalcontainers, agreementsand other etc.leasesRight-of-use assets1 January 2022 6,136 2,550 1,220 9,906Additions 3,093 157 960 4,210Additions from acquired companies - - 570 570Disposals 307 - 129 436Depreciation 2,532 184 362 3,078Transfers, owned assets, etc. -45 - - -45Exchange rate adjustments -1 -112 -47 -16031 December 2022 6,344 2,411 2,212 10,967 1 January 2021 4,102 3,066 1,155 8,323Additions 4,290 54 378 4,722Additions from acquired companies - - 72 72Disposals 195 240 61 496Depreciation 1,519 195 264 1,978Impairment losses - 3 1 4Transfers, assets held for sale - -6 -2 -8Transfers, owned assets, etc. -540 - -19 -559Exchange rate adjustments -2 -126 -38 -16631 December 2021 6,136 2,550 1,220 9,906 Amounts recognised in profit and loss 2022 2021Depreciation on right-of-use assets 3,078 1,982Interest expenses (included in finance costs) 518 459Expenses relating to service elements of leases 976 895Expenses relating to short-term leases 248 433Expenses relating to variable lease payments 292 270Expenses relating to leases of low-value assets 23 22Total recognised in operating costs 1,539 1,620As part of the Group\u2019s activities, customary leasing agreements are entered, especially regarding the chartering of vessels and leasing of containers and other equipment. In some cases, the leasing agreements comprise purchase options exercisable by the Group and options for extending the lease term. The Group also enters into arrangements that provide the right-to-use some existing infrastructure or land as required to carry out the terminal business. To optimise lease costs during the contract period, the Group sometimes provides residual value guarantees in relation to equipment leases. At the end of 2022, the expected residual values were reviewed if these reflect the actual residual values achieved on comparable assets and expectations about future prices. At 31 December 2022, USD 226m (USD 226m) is expected to be payable and is included in the measurement of the lease liabilities. Leases to which A.P. Moller - Maersk is committed but for which lease term has not yet commenced have an undiscounted value of USD 1.6bn (USD 2.7bn). They comprise approx. 31 contracts commencing in 2023 to 2024. Certain terminal concession agreements contain variable payment terms that are linked to future performance, i.e., number of containers handled. Such payments are recognised in the income statement in the period in which the condition that triggers those payments occurs. Lease liabilities are disclosed in notes 4.2 and 4.5.Note 4.2 Borrowings and lease liability reconciliationNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12021 Addi- Disposals Transfers, Foreign Other2022tionsassets exchange held for move- salementsBank and other credit institutions 1,443 -999 612 - -13 10 - 1,053 2Issued bonds3,341 - - - - -177 -188 2,9763Total borrowings 4,784 -999 612 - -13 - 167 -188 4,029Borrowings:Classified as non-current 4,315 3,774 Classified as current 469 255 Leases:Lease liabilities 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 45Total leases 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 Leases:Classified as non-current 8,153 8,582Classified as current 2,398 3,032 Total borrowings and leases 15,335 -4,089 5,388 -433 -26 -340 -192 15,643 Derivatives hedge of borrowings, net 194 14 - - - 188 136 5321 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2022, USD 552m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash flow from borrowings of USD 999m is comprised of repayments of USD 800m, proceeds of USD 83m and decrease in cash overdrafts of USD 282m, which excludes additions from business acquired during 2022.4 Total cash outflow impact from leases for 2022 was USD 5.1bn, of which USD 1.5bn relates to other lease expenses and USD 518m to interest expense as disclosed separately in note 3.3 and netted by incentives received before the commencement date for certain leases.5 Additions include USD 571m of lease liabilities from businesses acquired during 2022.The maturity analysis of lease liabilities is disclosed in note 4.5.Note 4.2 Borrowings and lease liability reconciliation \u2013 continuedNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12020 Additions Disposals Foreign Other2021exchange move-mentsBank and other credit institutions 2,802 -1,364 9 - -4 - 1,4432Issued bonds3,824 -298 - - -95 -90 3,3413Total borrowings 6,626 -1,6629 - -99 -90 4,784Borrowings:Classified as non-current 5,868 4,315Classified as current 758 469Leases:45Lease liabilities 8,747 -2,2794,789-513 -192 -1 10,551Total leases 8,747 -2,279 4,789 -513 -192 -1 10,551Leases:Classified as non-current 7,356 8,153Classified as current 1,391 2,398Total borrowings and leases 15,373 -3,941 4,798 -513 -291 -91 15,335Derivatives hedge of borrowings, net 36 4 - - 95 59 1941 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2021, USD 452m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash outflow from borrowings of USD 1.7bn is comprised of repayments of USD 2.5bn, proceeds of USD 563m and increase in cash overdrafts of USD 272m, which excludes additions from business acquired during 2021.4 Total cash outflow impact from leases for 2021 was USD 4.4bn, of which USD 1.6bn relates to other lease expenses and USD 459m to interest expense as disclosed separately in note 3.3.5 Additions include USD 72m lease liabilities from businesses acquired during 2021.The maturity analysis of lease liabilities is disclosed in note 4.5.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-81-3": {
"value": "Right-of-use assets are mainly leased vessels, containers, concessions arrangements and real estate property. Lease contracts for vessels and containers are typically made for fixed periods of about five years, but may have extension options as described together with lease liabil-ities. Concession arrangements and real estate contracts are negotiated on an individual basis and contain a wide range of terms and conditions.Leases are recognised as a right-of-use asset with a cor-responding lease liability at the date on which the leased asset is available for use. The right-of-use asset is depre-ciated over the shorter of the asset\u2019s useful life and the lease term on a straight-line basis.Lease liabilities are measured at the present value of the lease payments over the lease term, at the interest rate implicit in the lease, or at A.P. Moller - Maersk\u2019s incremen-tal borrowing rate (IBR). A.P. Moller - Maersk\u2019s IBR reflects the Group\u2019s credit risk, leased amount, and contract duration, as well as the nature and quality of the asset\u2019s security and economic environment in which the leased assets operate. To determine the IBR, where possible, A.P. Moller - Maersk uses recent third-party financing received by the individual lessee as a starting point, with adjustments to reflect changes in financing conditions since that financing was received. Where such financing is not available, A.P. Moller - Maersk uses a build-up ap-proach that starts with a risk- free interest rate adjusted by credit risk and specific risks faced by the lessee such as asset type, geographical risks, etc. Subsequently, the lease liability is measured at amor-tised cost with each lease payment allocated between the repayment of the liability and financing cost. The finance cost is charged to the income statement over the lease period, using the IBR that was used to discount the lease payments.The following lease payments are included in the net present value:\u2022 fixed payments (including in-substance fixed payments), less any lease incentives receivable\u2022 variable lease payments that are based on an index or a rate\u2022 amounts expected to be payable by the lessee under residual value guarantees\u2022 the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and pay-ments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.Payments associated with short-term leases and leases of low-value assets are recognised on a straight-line basis as an expense in profit/loss. Extension and termination options in lease contracts are included in contracts, where it is reasonably certain that A.P. Moller - Maersk will exercise the options. These terms are used to maximise operational flexibility in terms of managing contracts. In determining the lease term, management considers all facts and circumstances that create an economic incentive to exercise an exten-sion option, or not exercise a termination option. Exten-sion options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended or not terminated. Most of the extension and termination options held are exercisable only by A.P. Moller - Maersk and not by the respective lessor. This assessment is reviewed if a significant event or a significant change in circumstances occurs, which affects this assessment, and which is within the control of the lessee. Where A.P. Moller - Maersk will probably exercise specific purchase options, those options are included in the measurement of the lease liability with corresponding right-of-use asset depreciated over the asset\u2019s useful life rather than lease term.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-83-2": {
"value": "Note 3.4 Acquisition/sale of subsidiaries and activitiesAcquisitions during 2022LF Logistics Pilot Senator Other Total 2022Fair value at time of acquisitionIntangible assets 807 650 223 7 1,687Property, plant and equipment 533 185 48 14 780Financial assets 110 4 6 - 120Deferred tax assets 5 - - - 5Current assets 436 271 398 6 1,111Provisions 18 4 - - 22Liabilities 793 1,207 316 24 2,340Net assets acquired 1,080 -101 359 3 1,341A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share 1,080 -101 359 3 1,341Goodwill 2,291 1,145 225 6 3,667Purchase price 3,371 1,044 584 9 5,008Contingent consideration assumed -60 - - - -60Contingent consideration paid - 19 - - 19Change in payables on purchase price, etc. -24 8 - - -16Cash and bank balances assumed -126 -9 -40 -2 -177Cash flow used for acquisition of subsidiaries and activities 3,161 1,062 544 7 4,774LF Logistics Holdings Limited (Logistics & Services)On 22 December 2021, the Group signed an agreement to acquire 100% of the shares in LF Logistics Holdings Limited, a leading omnichannel fulfilment contract logistics company in Asia Pacific. The acquisition was completed end of August 2022. The acquisition will further strengthen A.P. Moller - Maersk\u2019s capabilities as an integrated container logistics company, offering global end-to-end supply chain solutions to its customers. The total purchase price is USD 3.4bn, including the fair value of contingent consideration of USD 60m, of which is contingent upon LF Logistics\u2019 future financial performance for the years 2023-24 and has a maximum payment value of USD 160m. Of the consideration paid, USD 2.3bn is related to goodwill while USD 807m is related to intangible assets, mainly customer relationships. USD 179m is related to trade receivables and USD 362m is related to RoU assets. Liabilities are mainly related to trade payables and lease liabilities. Goodwill is mainly attributable to commercial and operational future expected synergies, driven by cross-selling and improved productivity. Acquired goodwill is not allowable for tax purposes. From the acquisition date to 31 December 2022, LF Logistics contributed with a revenue of USD 360m and an insignifi-cant net profit. Had the acquisition occurred on 1 January 2022, the impact on the Group\u2019s revenue would have been USD 1.0bn. The net profit impact to the Group would have been USD 42m, including amortisation of intangibles recognised in the acquisition. Acquisition-related costs of USD 12m was recognised as operating costs in the income statement of the Logistics & Services segment in 2021, and in operating cash flow in the statement of cash flow in 2022. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised.Pilot Freight Services (Logistics & Services)On 5 February 2022, the Group signed an agreement to acquire 100% of the shares in Pilot Freight Services, a US-based first, middle, and last mile cross-border solutions provider. The acquisition was completed in early May 2022. Pilot has specialised in the big and bulky freight segment in North America. Pilot Freight Services will add specific new services within the fast-growing big and bulky e-commerce segment to the Group, thus increasing cross-selling oppor-tunities. The total acquisition value is USD 1.6bn of which USD 597m is related to the settlement of debt presented as cash flow from financing in the cash flow statement. Of the consideration paid, USD 1.1bn is related to goodwill while USD 650m is related to intangible assets, mainly customer relationships. USD 235m is related to trade receivables and USD 174m is related to RoU assets. Liabilities are mainly related to trade payables, lease liabilities and debt settled as part of the transaction. Goodwill is mainly attributable to commercial and operational future expected synergies, driven from cross-selling, network optimisations and improved productivity. Goodwill of USD 96m related to the acquisition is expected to be deductible for tax purposes. From the acquisition date to 31 December 2022, Pilot Freight Services contributed with a revenue of USD 987m and an insignificant net profit. Had the acquisition occurred on 1 January 2022, the impact on the Group\u2019s revenue would have been USD 1.5bn. The net profit impact to the Group would have been insignificant. Acquisition-related costs of USD 15m are recognised as operating costs in the income statement of the Logistics & Services segment in 2021 and 2022, and in operating cash flow in the statement of cash flow in 2022. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised.Senator International (Logistics & Services)On 2 November 2021, the Group signed an agreement to acquire 100% of the shares in Senator International, a well- renowned German air-based freight carrier company. The acquisition was completed in early June 2022. Senator Inter-national will contribute with offerings within air freight out of Europe into the USA and Asia, and thereby add strong capabilities and geographical reach to the integrator vision. The total purchase price is USD 584m. Of the consideration paid, USD 225m is related to goodwill while USD 223m is related to intangible assets, mainly customer relationships. USD 220m is related to trade receivables and the rest is mainly related to other receivables. Liabilities are mainly related to accrued expenses and deferred tax. Goodwill is mainly attributable to commercial and operational future expected synergies, driven from cross-selling, network optimisations and improved productivity. Acquired goodwill is not allowable for tax purposes. From the acquisition date to 31 December 2022, Senator International contributed with a revenue of USD 787m and a net profit of USD 40m. Had the acquisition occurred on 1 January 2022, the impact on the Group\u2019s revenue would have been USD 1.6bn and a net profit of USD 105m, including amortisation of intangibles recognised in the acquisition. Acquisition-related costs of USD 9m were recognised as operating costs in the income statement of the Logistics & Services segment in 2021, and in operating cash flow in the statement of cash flow in 2022. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised.OtherResQ (Towage & Maritime Services)On 17 June 2022, it was announced that the Group had signed an agreement to acquire 100% of the shares in ResQ, a Norwegian supplier of services with expertise in safety training and emergency preparedness. The acquisition was completed in July 2022. The total purchase price is USD 6m. The accounting for the business combination is considered provisional at 31 December 2022, as valuation of intangible assets is not yet finalised. Note 3.4 Acquisition/sale of subsidiaries and activities \u2013 continuedAcquisitions after the balance sheet dateGrindrod Intermodal Group (Logistics & Services)On 15 November 2021, it was announced that the Group will partner with Grindrod Intermodal Group to merge the logistics activities of the Grindrod Intermodal business and the ocean activities of the Ocean Africa Container Lines (OACL) with the current Maersk Logistics & Services products in South Africa. The Grindrod Group is a well-known and trusted partner in South Africa that offers a range of logistics and service offerings. The Group will have a controlling interest of 51%. The purchase price is USD 34m. The acquisition was closed on 2 January 2023 and will operate as Grindrod Logistics.Martin Bencher Group (Logistics & Services)On 5 August 2022, it was announced that the Group intends to acquire 100% of the shares in Martin Bencher Group, a Denmark-based project logistics company with premium competencies within non-containerised project logistics. The acquisition of Martin Bencher Group will add to the existing project logistics services already available at Maersk, with a specialised service offering the combination of solution design, special cargo transportation, and project manage-ment services. It will build on existing infrastructures and know-how across the existing Project Logistics vertical in Sales & Marketing, Ocean, and L&S Special Project Logistics (SPL). The purchase price is USD 57m. The acquisition was closed on 2 January 2023.Acquisitions during 2021Visible B2C Europe HUUB Other Total 2021Fair value at time of acquisitionIntangible assets 182 29 10 - 221 Property, plant and equipment 87 11 - 4 102Financial assets 1 2 - - 3Current assets 71 19 1 - 91Liabilities 92 44 1 12 149Net assets acquired 249 17 10 -8 268A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share 249 17 10 -8 268Goodwill 553 60 - 8 621 Purchase price 802 77 10 - 889Contingent consideration assumed -64 -64Contingent consideration paid - - - 10 10 Cash and bank balances assumed -20 -1 - 3 -18Other adjustments - - - -2 -2Cash flow used for acquisition of subsidiaries and activities 718 76 10 11 815 Visible Supply Chain Management (Logistics & Services)On 2 August 2021, the Group acquired 100% of the shares in Visible Supply Chain Management, an e-commerce logistics provider based in North America focusing on e-fulfilment, parcel delivery services and freight management. Visible Supply Chain Management contributes with strong e-commerce capabilities and further strengthens the busi-ness-to-consumer part of the business. The total purchase price was USD 802m, including a contingent consideration valued at USD 64m. The contingent consideration was made up of a fixed number of A.P. Moller - Maersk B shares. Of the purchase price allocation, USD 553m related to goodwill while USD 182m related to intangible assets, mainly customer relationships, software, and technology. USD 59m related to RoU assets. Liabilities mainly related to lease liabilities. Goodwill is mainly attributable to expected future synergies from leveraging the acquired technology software, network optimisations and improved productivity. From the acquisition date to 31 December 2021, Visible Supply Chain Management contributed with a revenue of USD 205m and an insignificant net profit. Had the acquisition occurred on 1 January 2021, the impact on the Group\u2019s revenue would have been USD 504m. The net profit impact to the Group would have been insignificant. Acquisition-related costs of USD 10m were recognised as operating costs in the income statement of the Logistics & Services segment, and in operating cash flow in the statement of cash flow in 2021. B2C Europe (Logistics & Services)On 1 October 2021, the Group acquired 100% of the shares in B2C Europe, an e-commerce logistics provider head-quartered in the Netherlands, specialising in cross-border parcel delivery services. B2C Europe contributes with strong e-commerce capabilities and further strengthens the business-to-consumer part of our business. The total purchase price was USD 77m. Of the purchase price allocation, USD 60m related to goodwill while USD 29m related to intangible assets, mainly customer relationships and technology. Goodwill is mainly attributable to expected future synergies from integration and scale-up of technology. From the acquisition date to 31 December 2021, B2C Europe contributed with a revenue of USD 35m and an insignif-icant net profit. Had the acquisition occurred on 1 January 2021, the impact on the Group\u2019s revenue would have been USD 136m. The net profit impact to the Group would have been insignificant. Acquisition-related costs of USD 2m were recognised as operating costs in the income statement of the Logistics & Services segment, and in operating cash flow in the statement of cash flow in 2021.HUUB (Logistics & Services)On 1 September 2021, the Group acquired 100% of the shares in HUUB, a Portuguese cloud-based logistics start-up specialised in technology solutions for B2C warehousing for the fashion industry. HUUB contributes to strengthening A.P. Moller - Maersk\u2019s technology capabilities, bringing the best attributes of a modern entrepreneurial agile workplace. The acquisition was accounted for as an asset deal. The total acquisition price was USD 10m.OtherIn addition to the above acquisitions, there was another small acquisition in Logistics & Services and therefore the cash outflow related to acquisitions in 2021 was USD 815m.Sales during the year 2022In 2022, Terminals completed the sale of the 30.75% minority stake in Global Ports Investments in Russia for USD 135m. The transaction includes an ability for Terminals to re-enter the partnership in the future. There were no other material sales in 2022.Sales during the year 2021No material external sales were performed during 2021.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-91-2": {
"value": "Note 3.6 Assets held for sale or distribution2022 2021Balance sheet items comprise:Intangible assets - 41Property, plant and equipment and right-of-use assets 13 106Deferred tax assets 1 -Other assets 51 55Non-current assets 65 202Current assets 4 197Assets held for sale or distribution 69 399Provisions 1 13Deferred tax liabilities - 11Other liabilities 8 220Liabilities associated with assets held for sale or distribution 9 244Assets held for sale in 2022 relate to two terminals within Terminals.Assets held for sale in 2021 largely relate to Maersk Container Industry within Towage & Maritime Services and three terminals within Terminals. On 25 August 2022, the divestment of Maersk Container Industry was discontinued follow-ing regulatory challenges. As a result, assets and liabilities of Maersk Container Industry were reclassified out of assets held for sale during 2022.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-90-2": {
"value": "Note 3.5 Term depositsLoan receivables, current, amount to USD 17.7bn (USD 5.1bn) and consist primarily of term deposits with a maturity of more than three months, amounting to USD 17.6bn (USD 5.0bn). For details on the assessment of the loss allowance on term deposits, reference is made to note 4.5 Financial instruments and risks.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLoansAndAdvancesToBanksExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-92-3": {
"value": "Assets held for sale are recognised when the carrying amount of an individual non-current asset, or disposal group of assets, and will be recovered principally through a sales transaction rather than through continued use. Assets are classified as held for sale when activities to carry out a sale have been initiated, when the activities are available for immediate sale in their present condi-tion, and when the activities are expected to be disposed of within 12 months. Liabilities directly associated with assets held for sale are presented separately from other liabilities. Assets held for sale are measured at the lower of carrying amount immediately before classification as held for sale and fair value less costs to sell. Impairment tests are performed immediately before classification as held for sale. Non-current assets are not depreciated or amortised while classified as held for sale. Measurement of deferred tax and financial assets and liabilities is un-changed. When an asset or a disposal group has been classified as held for sale or distribution, but the requirements are no longer met, the assets and related liabilities ceases to be classified as held for sale. The cessation of the classi-fication as held for sale will be reflected in the period in which the change of circumstances has occurred. Com-parative figures are not restated, and any adjustments to the carrying value of assets and liabilities previously classified as held for sale are recognised in the period in which the circumstances have changed.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-92-4": {
"value": "Assets held for sale are recognised when the carrying amount of an individual non-current asset, or disposal group of assets, and will be recovered principally through a sales transaction rather than through continued use. Assets are classified as held for sale when activities to carry out a sale have been initiated, when the activities are available for immediate sale in their present condi-tion, and when the activities are expected to be disposed of within 12 months. Liabilities directly associated with assets held for sale are presented separately from other liabilities. Assets held for sale are measured at the lower of carrying amount immediately before classification as held for sale and fair value less costs to sell. Impairment tests are performed immediately before classification as held for sale. Non-current assets are not depreciated or amortised while classified as held for sale. Measurement of deferred tax and financial assets and liabilities is un-changed. When an asset or a disposal group has been classified as held for sale or distribution, but the requirements are no longer met, the assets and related liabilities ceases to be classified as held for sale. The cessation of the classi-fication as held for sale will be reflected in the period in which the change of circumstances has occurred. Com-parative figures are not restated, and any adjustments to the carrying value of assets and liabilities previously classified as held for sale are recognised in the period in which the circumstances have changed.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-88-3": {
"value": "Acquisition/sale of subsidiaries and activitiesUpon acquisition of new entities, the acquired assets, liabilities and contingent liabilities are measured at fair value at the date when control was achieved using the acquisition method. Identifiable intangible assets are rec ognised if they arise from a contractual right or can other wise be separately identified. The difference be-tween the fair value of the acquisition cost and the fair value of acquired identifiable net assets is recognised as goodwill. Contingent consideration is measured at fair value and any subsequent changes to contingent con-sideration are recognised as financial income or financial expense in the income statement. If contingent consid-eration is settled by issuing a predetermined number of shares, the contingent consideration is classified as equity and is subsequently not remeasured at fair value. Transaction costs are recognised as operating costs as they are incurred. When A.P. Moller - Maersk ceases to have control of a subsidiary, the value of any retained investment is re-measured at fair value, and the value adjustment is recognised in the income statement as a gain/loss on the sale of non-current assets. The difference between sales proceeds and the carrying amount of the subsidi-ary is recognised in the income statement including fair value of contingent consideration at the time of sale. Contingent consideration is re-measured at fair value with changes recognised in the income statement. The effect of the purchase and sale of non-controlling interests without changes in control is included directly in equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-88-4": {
"value": "Acquisition/sale of subsidiaries and activitiesUpon acquisition of new entities, the acquired assets, liabilities and contingent liabilities are measured at fair value at the date when control was achieved using the acquisition method. Identifiable intangible assets are rec ognised if they arise from a contractual right or can other wise be separately identified. The difference be-tween the fair value of the acquisition cost and the fair value of acquired identifiable net assets is recognised as goodwill. Contingent consideration is measured at fair value and any subsequent changes to contingent con-sideration are recognised as financial income or financial expense in the income statement. If contingent consid-eration is settled by issuing a predetermined number of shares, the contingent consideration is classified as equity and is subsequently not remeasured at fair value. Transaction costs are recognised as operating costs as they are incurred. When A.P. Moller - Maersk ceases to have control of a subsidiary, the value of any retained investment is re-measured at fair value, and the value adjustment is recognised in the income statement as a gain/loss on the sale of non-current assets. The difference between sales proceeds and the carrying amount of the subsidi-ary is recognised in the income statement including fair value of contingent consideration at the time of sale. Contingent consideration is re-measured at fair value with changes recognised in the income statement. The effect of the purchase and sale of non-controlling interests without changes in control is included directly in equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-88-5": {
"value": "Acquisition/sale of subsidiaries and activitiesUpon acquisition of new entities, the acquired assets, liabilities and contingent liabilities are measured at fair value at the date when control was achieved using the acquisition method. Identifiable intangible assets are rec ognised if they arise from a contractual right or can other wise be separately identified. The difference be-tween the fair value of the acquisition cost and the fair value of acquired identifiable net assets is recognised as goodwill. Contingent consideration is measured at fair value and any subsequent changes to contingent con-sideration are recognised as financial income or financial expense in the income statement. If contingent consid-eration is settled by issuing a predetermined number of shares, the contingent consideration is classified as equity and is subsequently not remeasured at fair value. Transaction costs are recognised as operating costs as they are incurred. When A.P. Moller - Maersk ceases to have control of a subsidiary, the value of any retained investment is re-measured at fair value, and the value adjustment is recognised in the income statement as a gain/loss on the sale of non-current assets. The difference between sales proceeds and the carrying amount of the subsidi-ary is recognised in the income statement including fair value of contingent consideration at the time of sale. Contingent consideration is re-measured at fair value with changes recognised in the income statement. The effect of the purchase and sale of non-controlling interests without changes in control is included directly in equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-94-2": {
"value": "Note 3.7 ProvisionsRestructuring Legal dis-Other Totalputes, etc.1 January 2022 59 1,063 349 1,471Provision made 62 545 195 802Amount used 39 187 144 370Amount reversed 12 222 64 298Additions from acquired companies - 4 17 21Transfers - 2 -2 -Transfers, assets held for sale - - 30 30Exchange rate adjustments -2 -23 -12 -3731 December 2022 68 1,182 369 1,619 Of which:Classified as non-current 16 635 191 842 Classified as current 52 547 178 777 Non-current provisions expected to be realised after more than five years - 42 23 65 Restructuring includes provisions for decided and publicly announced restructurings. Legal disputes, etc. include, among other things, indirect tax and duty disputes. Other primarily includes provisions for warranties, and onerous contracts.Reversals of provisions primarily relate to legal disputes and contractual disagreements, which are recognised in the income statement under operating costs and tax.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-94-3": {
"value": "Note 3.7 ProvisionsRestructuring Legal dis-Other Totalputes, etc.1 January 2022 59 1,063 349 1,471Provision made 62 545 195 802Amount used 39 187 144 370Amount reversed 12 222 64 298Additions from acquired companies - 4 17 21Transfers - 2 -2 -Transfers, assets held for sale - - 30 30Exchange rate adjustments -2 -23 -12 -3731 December 2022 68 1,182 369 1,619 Of which:Classified as non-current 16 635 191 842 Classified as current 52 547 178 777 Non-current provisions expected to be realised after more than five years - 42 23 65 Restructuring includes provisions for decided and publicly announced restructurings. Legal disputes, etc. include, among other things, indirect tax and duty disputes. Other primarily includes provisions for warranties, and onerous contracts.Reversals of provisions primarily relate to legal disputes and contractual disagreements, which are recognised in the income statement under operating costs and tax.Note 5.4 Contingent liabilities Except for customary agreements within the Group\u2019s activities, no material agreements have been entered into that will take effect, change, or expire upon changes of the control over the company.Custom bonds of USD 472m (USD 490m) have been provided to various port authorities in India.Maersk Line and APM Terminals have entered into agreements with terminals and port authorities, etc., containing volume commitments, including an extra payment in case minimum volumes are not met.The Group is involved in several legal cases, tax and other disputes. Some of these involve significant amounts and are subject to considerable uncertainty. Management continuously assesses the risks associated with the cases and disputes, and their likely outcome. It is the opinion of management that, apart from items recognised in the financial statements, the outcome of these cases and disputes are not probable or cannot be reliably estimated in terms of amount or timing. The Group does not expect these to have a material impact on the consolidated financial statements.Tax may crystallise on repatriation of dividends. Through participation in a joint taxation scheme with A.P. M\u00f8ller Holding A/S, the Danish companies are jointly and severally liable for taxes payable, etc., in Denmark.As part of the divestment of M\u00e6rsk Olie & Gas A/S (MOGAS) to Total S.A. in 2018, A.P. M\u00f8ller - M\u00e6rsk A/S has assumed a secondary liability related to the decommissioning of the offshore facilities in Denmark by issuance of a declaration. A.P. M\u00f8ller - M\u00e6rsk A/S assesses the risk of economic outflows because of this secondary liability as very remote.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-97-3": {
"value": "Provisions are recognised when A.P. Moller - Maersk has a present legal or constructive obligation from past events. The item includes, among other things, legal disputes, provisions for onerous contracts and unfavourable contracts acquired as part of a business combination.Provisions are recognised based on best estimates and are discounted where the time element is significant and where the time of settlement is reasonably determinable.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-99-2": {
"value": "Note 4.1 Share capital and earnings per shareDevelopment in the number of shares: A shares of B shares of Nominal valueDKK 1,000 DKK 500 DKK 1,000 DKK 500 DKK million USD million1 January 2021 10,599,293 216 9,432,463 166 20,032 3,632Cancellation 131,186 - 524,745 - 656 11931 December 2021 10,468,107 216 8,907,718 166 19,376 3,5131 January 2022 10,468,107 216 8,907,718 166 19,376 3,513Conversion 1 -2 3 -6 - - Cancellations 133,779 - 535,076 - 669 12131 December 2022 10,334,329 214 8,372,645 160 18,707 3,392All shares are fully issued and paid up. One A share of DKK 1,000 holds two votes. B shares have no voting rights.At the Annual General Meeting of A.P. M\u00f8ller - M\u00e6rsk A/S on 15 March 2022, the shareholders decided on the cancellation of treasury shares, whereby the share capital would be decreased. On 25 May 2022, the Company\u2019s share capital was reduced from nominally DKK 19,376,016,000 by nominally DKK 668,855,000 in total, divided into 133,779 A shares and 535,076 B shares of DKK 1,000 to nominally DKK 18,707,161,000.The reduction in the share capital has been recorded by applying the historical rate of exchange of USD/DKK 5.5153.Development in the holding of treasury shares: No. of shares of DKK 1,000 Nominal value DKK million % of share capitalTreasury shares 2022 2021 2022 2021 2022 2021A shares1 January 120,494 119,176 121 119 0.62% 0.59%Addition 215,002 132,504 215 133 1.15% 0.68%Cancellations 133,779 131,186 134 131 0.69% 0.65%31 December 201,717 120,494 202 121 1.08% 0.62%B shares1 January 549,587 505,281 550 505 2.84% 2.52%Additions 904,856 586,476 905 587 4.83% 3.03%Cancellations 535,076 524,745 535 525 2.76% 2.62%Disposals 31,810 17,425 32 17 0.17% 0.09%31 December 887,557 549,587 888 550 4.74% 2.84%The share buy-back programme is carried out with the purpose to adjust the capital structure of the company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings.Disposals of treasury shares are related to the share option plan and the restricted shares plan.From 1 January 2022 to 31 December 2022, A.P. Moller - Maersk bought back as treasury shares 110,689 A shares, with a nominal value of DKK 111m, and 336,597 B shares, with a nominal value of DKK 337m, from A.P. M\u00f8ller Holding A/S, and 99,927 B shares, with a nominal value of DKK 100m from A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familie fond, both of which are considered related parties. The share buy-back is carried out with the purpose to adjust the capital structure of the Company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-99-3": {
"value": "Note 4.1 Share capital and earnings per shareDevelopment in the number of shares: A shares of B shares of Nominal valueDKK 1,000 DKK 500 DKK 1,000 DKK 500 DKK million USD million1 January 2021 10,599,293 216 9,432,463 166 20,032 3,632Cancellation 131,186 - 524,745 - 656 11931 December 2021 10,468,107 216 8,907,718 166 19,376 3,5131 January 2022 10,468,107 216 8,907,718 166 19,376 3,513Conversion 1 -2 3 -6 - - Cancellations 133,779 - 535,076 - 669 12131 December 2022 10,334,329 214 8,372,645 160 18,707 3,392All shares are fully issued and paid up. One A share of DKK 1,000 holds two votes. B shares have no voting rights.At the Annual General Meeting of A.P. M\u00f8ller - M\u00e6rsk A/S on 15 March 2022, the shareholders decided on the cancellation of treasury shares, whereby the share capital would be decreased. On 25 May 2022, the Company\u2019s share capital was reduced from nominally DKK 19,376,016,000 by nominally DKK 668,855,000 in total, divided into 133,779 A shares and 535,076 B shares of DKK 1,000 to nominally DKK 18,707,161,000.The reduction in the share capital has been recorded by applying the historical rate of exchange of USD/DKK 5.5153.Development in the holding of treasury shares: No. of shares of DKK 1,000 Nominal value DKK million % of share capitalTreasury shares 2022 2021 2022 2021 2022 2021A shares1 January 120,494 119,176 121 119 0.62% 0.59%Addition 215,002 132,504 215 133 1.15% 0.68%Cancellations 133,779 131,186 134 131 0.69% 0.65%31 December 201,717 120,494 202 121 1.08% 0.62%B shares1 January 549,587 505,281 550 505 2.84% 2.52%Additions 904,856 586,476 905 587 4.83% 3.03%Cancellations 535,076 524,745 535 525 2.76% 2.62%Disposals 31,810 17,425 32 17 0.17% 0.09%31 December 887,557 549,587 888 550 4.74% 2.84%The share buy-back programme is carried out with the purpose to adjust the capital structure of the company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings.Disposals of treasury shares are related to the share option plan and the restricted shares plan.From 1 January 2022 to 31 December 2022, A.P. Moller - Maersk bought back as treasury shares 110,689 A shares, with a nominal value of DKK 111m, and 336,597 B shares, with a nominal value of DKK 337m, from A.P. M\u00f8ller Holding A/S, and 99,927 B shares, with a nominal value of DKK 100m from A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familie fond, both of which are considered related parties. The share buy-back is carried out with the purpose to adjust the capital structure of the Company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-99-4": {
"value": "Note 4.1 Share capital and earnings per shareDevelopment in the number of shares: A shares of B shares of Nominal valueDKK 1,000 DKK 500 DKK 1,000 DKK 500 DKK million USD million1 January 2021 10,599,293 216 9,432,463 166 20,032 3,632Cancellation 131,186 - 524,745 - 656 11931 December 2021 10,468,107 216 8,907,718 166 19,376 3,5131 January 2022 10,468,107 216 8,907,718 166 19,376 3,513Conversion 1 -2 3 -6 - - Cancellations 133,779 - 535,076 - 669 12131 December 2022 10,334,329 214 8,372,645 160 18,707 3,392All shares are fully issued and paid up. One A share of DKK 1,000 holds two votes. B shares have no voting rights.At the Annual General Meeting of A.P. M\u00f8ller - M\u00e6rsk A/S on 15 March 2022, the shareholders decided on the cancellation of treasury shares, whereby the share capital would be decreased. On 25 May 2022, the Company\u2019s share capital was reduced from nominally DKK 19,376,016,000 by nominally DKK 668,855,000 in total, divided into 133,779 A shares and 535,076 B shares of DKK 1,000 to nominally DKK 18,707,161,000.The reduction in the share capital has been recorded by applying the historical rate of exchange of USD/DKK 5.5153.Development in the holding of treasury shares: No. of shares of DKK 1,000 Nominal value DKK million % of share capitalTreasury shares 2022 2021 2022 2021 2022 2021A shares1 January 120,494 119,176 121 119 0.62% 0.59%Addition 215,002 132,504 215 133 1.15% 0.68%Cancellations 133,779 131,186 134 131 0.69% 0.65%31 December 201,717 120,494 202 121 1.08% 0.62%B shares1 January 549,587 505,281 550 505 2.84% 2.52%Additions 904,856 586,476 905 587 4.83% 3.03%Cancellations 535,076 524,745 535 525 2.76% 2.62%Disposals 31,810 17,425 32 17 0.17% 0.09%31 December 887,557 549,587 888 550 4.74% 2.84%The share buy-back programme is carried out with the purpose to adjust the capital structure of the company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings.Disposals of treasury shares are related to the share option plan and the restricted shares plan.From 1 January 2022 to 31 December 2022, A.P. Moller - Maersk bought back as treasury shares 110,689 A shares, with a nominal value of DKK 111m, and 336,597 B shares, with a nominal value of DKK 337m, from A.P. M\u00f8ller Holding A/S, and 99,927 B shares, with a nominal value of DKK 100m from A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Familie fond, both of which are considered related parties. The share buy-back is carried out with the purpose to adjust the capital structure of the Company. Shares which are not used for hedging purposes for the long-term incentive programmes will be proposed cancelled at the Annual General Meetings. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-101-2": {
"value": "Capital managementThe capital structure is managed for the Group in accordance with the financial policy, as approved by the Board of Directors. Capital is managed to meet the objective of a solid capital structure over the business cycle and to maintain a liquidity profile in line with an investment grade credit rating. A.P. Moller - Maersk remains investment grade-rated and holds a Baa2 (positive outlook) rating from Moody\u2019s and a BBB+ (stable) rating from Standard & Poor\u2019s. The equity share of total equity and liabilities is 69% (63%) at the end of 2022. Share buy-backs of maximum 15% of the share capital can be decided by the Board of Directors, and dividends paid out are to be between 30-50% of the underlying profit in accordance with the company\u2019s dividend policy.It is of great importance for the Group to maintain a financial reserve to cover the Group\u2019s obligations and investment opportunities and to provide the capital necessary to offset changes in the Group\u2019s liquidity due to changes in the cash flow from operating activities.The flexibility of the financial reserve is subject to ongoing prioritisation and optimisation, among other things by focusing on the release of capital and following up on the development in working capital.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-102-2": {
"value": "The basis for calculating earnings per share is the following:A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share of: 2022 2021Profit for the period 29,198 17,9422022 2021Issued shares 1 January 19,376,016 20,031,947Average number of treasury shares 720,802 555,742Average number of cancelled shares 404,978 406,138Average number of shares (basic) 18,250,236 19,070,067Dilutive effect of outstanding restricted shares and share options 57,522 60,248Average number of shares (diluted) 18,307,758 19,130,315Basic earnings per share (USD) 1,600 941Diluted earnings per share (USD) 1,595 938",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"s10_notes__7__5": {
"value": "2500",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notes__7__6": {
"value": "1000",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ParValuePerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notes__7__7": {
"value": "46300000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"s10_notes__7__8": {
"value": "6900000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"s10_notes__8__9": {
"value": "330",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notes__8__10": {
"value": "1000",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ParValuePerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notes__8__11": {
"value": "6400000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"s10_notes__8__12": {
"value": "1000000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersOfParent",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"s10_notes__7__13": {
"value": "4300",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notes__7__14": {
"value": "1000",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:ParValuePerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"s10_notes__7__15": {
"value": "75200000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:DKK"
}
},
"s10_notes__7__16": {
"value": "10900000000",
"decimals": -8,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwners",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00",
"unit": "iso4217:USD"
}
},
"s10_notes__8__17": {
"value": "2500",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2021-01-01T00:00:00/2022-01-01T00:00:00",
"unit": "iso4217:DKK/xbrli:shares"
}
},
"pp-value-104-3": {
"value": "Earnings per share is calculated as A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 share of the profit for the year divided by the average number of shares outstanding (of DKK 1,000 each), ex-cluding A.P. Moller - Maersk\u2019s holding of treasury shares. Diluted earnings per share are adjusted for the dilutive effect of the average number of share options outstand-ing issued by the parent company.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-105-3": {
"value": "Equity includes total comprehensive income for the year comprising the profit for the year and other compre-hensive income. Proceeds on the purchase and sale of treasury shares and dividend from such shares are recognised in equity.The translation reserve is comprised of A.P. Moller - Maersk\u2019s share of accumulated exchange rate differences arising on translation from functional currency into presentation currency. The reserve for other equity investments is comprised of accumulated changes in the fair value of equity investments (at FVOCI), net of tax. Reserves for hedges includes the accumulated fair value of derivatives qualifying for cash flow hedge accounting, net of tax, as well as forward points and currency basis spread.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-105-4": {
"value": "Equity includes total comprehensive income for the year comprising the profit for the year and other compre-hensive income. Proceeds on the purchase and sale of treasury shares and dividend from such shares are recognised in equity.The translation reserve is comprised of A.P. Moller - Maersk\u2019s share of accumulated exchange rate differences arising on translation from functional currency into presentation currency. The reserve for other equity investments is comprised of accumulated changes in the fair value of equity investments (at FVOCI), net of tax. Reserves for hedges includes the accumulated fair value of derivatives qualifying for cash flow hedge accounting, net of tax, as well as forward points and currency basis spread.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTreasurySharesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-103-2": {
"value": "Note 4.1 Share capital and earnings per share \u2013 continued DividendsThe dividend of DKK 2,500 per share of DKK 1,000 was paid on 18 March 2022 \u2013 a total of DKK 46.3bn equivalent to USD 6.9bn, excluding treasury shares (dividend of DKK 330 per share of DKK 1,000 paid \u2013 total of DKK 6.4bn, equivalent to USD 1.0bn). The Board of Directors proposes a dividend to the shareholders of DKK 4,300 per share of DKK 1,000 \u2013 a total of around DKK 75.2bn, equivalent to around USD 10.9bn (DKK 2,500 per share of DKK 1,000 \u2013 total of DKK 46.3bn equivalent to USD 6.9bn). Payment of dividends is expected to take place on 31 March 2023. Payment of dividends to share holders does not trigger taxes to A.P. Moller - Maersk.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-107-3": {
"value": "Note 4.2 Borrowings and lease liability reconciliationNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12021 Addi- Disposals Transfers, Foreign Other2022tionsassets exchange held for move- salementsBank and other credit institutions 1,443 -999 612 - -13 10 - 1,053 2Issued bonds3,341 - - - - -177 -188 2,9763Total borrowings 4,784 -999 612 - -13 - 167 -188 4,029Borrowings:Classified as non-current 4,315 3,774 Classified as current 469 255 Leases:Lease liabilities 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 45Total leases 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 Leases:Classified as non-current 8,153 8,582Classified as current 2,398 3,032 Total borrowings and leases 15,335 -4,089 5,388 -433 -26 -340 -192 15,643 Derivatives hedge of borrowings, net 194 14 - - - 188 136 5321 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2022, USD 552m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash flow from borrowings of USD 999m is comprised of repayments of USD 800m, proceeds of USD 83m and decrease in cash overdrafts of USD 282m, which excludes additions from business acquired during 2022.4 Total cash outflow impact from leases for 2022 was USD 5.1bn, of which USD 1.5bn relates to other lease expenses and USD 518m to interest expense as disclosed separately in note 3.3 and netted by incentives received before the commencement date for certain leases.5 Additions include USD 571m of lease liabilities from businesses acquired during 2022.The maturity analysis of lease liabilities is disclosed in note 4.5.Note 4.2 Borrowings and lease liability reconciliation \u2013 continuedNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12020 Additions Disposals Foreign Other2021exchange move-mentsBank and other credit institutions 2,802 -1,364 9 - -4 - 1,4432Issued bonds3,824 -298 - - -95 -90 3,3413Total borrowings 6,626 -1,6629 - -99 -90 4,784Borrowings:Classified as non-current 5,868 4,315Classified as current 758 469Leases:45Lease liabilities 8,747 -2,2794,789-513 -192 -1 10,551Total leases 8,747 -2,279 4,789 -513 -192 -1 10,551Leases:Classified as non-current 7,356 8,153Classified as current 1,391 2,398Total borrowings and leases 15,373 -3,941 4,798 -513 -291 -91 15,335Derivatives hedge of borrowings, net 36 4 - - 95 59 1941 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2021, USD 452m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash outflow from borrowings of USD 1.7bn is comprised of repayments of USD 2.5bn, proceeds of USD 563m and increase in cash overdrafts of USD 272m, which excludes additions from business acquired during 2021.4 Total cash outflow impact from leases for 2021 was USD 4.4bn, of which USD 1.6bn relates to other lease expenses and USD 459m to interest expense as disclosed separately in note 3.3.5 Additions include USD 72m lease liabilities from businesses acquired during 2021.The maturity analysis of lease liabilities is disclosed in note 4.5.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-107-4": {
"value": "Note 4.2 Borrowings and lease liability reconciliationNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12021 Addi- Disposals Transfers, Foreign Other2022tionsassets exchange held for move- salementsBank and other credit institutions 1,443 -999 612 - -13 10 - 1,053 2Issued bonds3,341 - - - - -177 -188 2,9763Total borrowings 4,784 -999 612 - -13 - 167 -188 4,029Borrowings:Classified as non-current 4,315 3,774 Classified as current 469 255 Leases:Lease liabilities 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 45Total leases 10,551 -3,090 4,776 -433 -13 -173 -4 11,614 Leases:Classified as non-current 8,153 8,582Classified as current 2,398 3,032 Total borrowings and leases 15,335 -4,089 5,388 -433 -26 -340 -192 15,643 Derivatives hedge of borrowings, net 194 14 - - - 188 136 5321 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2022, USD 552m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash flow from borrowings of USD 999m is comprised of repayments of USD 800m, proceeds of USD 83m and decrease in cash overdrafts of USD 282m, which excludes additions from business acquired during 2022.4 Total cash outflow impact from leases for 2022 was USD 5.1bn, of which USD 1.5bn relates to other lease expenses and USD 518m to interest expense as disclosed separately in note 3.3 and netted by incentives received before the commencement date for certain leases.5 Additions include USD 571m of lease liabilities from businesses acquired during 2022.The maturity analysis of lease liabilities is disclosed in note 4.5.Note 4.2 Borrowings and lease liability reconciliation \u2013 continuedNet debt as at Cash Non-cash changes Net debt as at 31 Decemberflows31 December12020 Additions Disposals Foreign Other2021exchange move-mentsBank and other credit institutions 2,802 -1,364 9 - -4 - 1,4432Issued bonds3,824 -298 - - -95 -90 3,3413Total borrowings 6,626 -1,6629 - -99 -90 4,784Borrowings:Classified as non-current 5,868 4,315Classified as current 758 469Leases:45Lease liabilities 8,747 -2,2794,789-513 -192 -1 10,551Total leases 8,747 -2,279 4,789 -513 -192 -1 10,551Leases:Classified as non-current 7,356 8,153Classified as current 1,391 2,398Total borrowings and leases 15,373 -3,941 4,798 -513 -291 -91 15,335Derivatives hedge of borrowings, net 36 4 - - 95 59 1941 Other includes fair value changes and amortisation of fees.2 Of total issued bonds as at 31 December 2021, USD 452m are green bonds used to finance acquisitions of green methanol vessels.3 Total cash outflow from borrowings of USD 1.7bn is comprised of repayments of USD 2.5bn, proceeds of USD 563m and increase in cash overdrafts of USD 272m, which excludes additions from business acquired during 2021.4 Total cash outflow impact from leases for 2021 was USD 4.4bn, of which USD 1.6bn relates to other lease expenses and USD 459m to interest expense as disclosed separately in note 3.3.5 Additions include USD 72m lease liabilities from businesses acquired during 2021.The maturity analysis of lease liabilities is disclosed in note 4.5.Note 5.5 Cash flow specifications2022 2021Change in working capitalTrade receivables -1,018 -1,909Other working capital movements -731 346Exchange rate adjustment of working capital -59 -47Total -1,808 -1,610Purchase of intangible assets and property, plant and equipment1Additions-8,205 -8,240Of which right-of-use assets 4,210 4,722Of which borrowing costs capitalised on assets 49 5Change in payables to suppliers regarding purchase of assets, etc. -217 537Total -4,163 -2,9761 Additions to intangible assets of USD 349m (USD 224m), property, plant and equipment of USD 3.6bn (USD 3.3bn), right-of-use assets of USD 4.2bn (USD 4.7bn) and assets held for sale of USD 5m (USD 10m).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCashFlowStatementExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-109-3": {
"value": "Financial liabilities are initially recognised at fair value less transaction costs. Subsequently, the financial liabil-ities are measured at amortised cost using the effective interest method, whereby transaction costs and any premium or discount are recognised as financial expenses over the term of the liabilities. Fixed interest loans subject to fair value hedge accounting are measured at amor-tised cost with an adjustment for the fair value of the hedged interest component.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-109-4": {
"value": "Financial liabilities are initially recognised at fair value less transaction costs. Subsequently, the financial liabil-ities are measured at amortised cost using the effective interest method, whereby transaction costs and any premium or discount are recognised as financial expenses over the term of the liabilities. Fixed interest loans subject to fair value hedge accounting are measured at amor-tised cost with an adjustment for the fair value of the hedged interest component.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-117-3": {
"value": "Pension obligations are the net liabilities of defined benefit obligations and the dedicated assets adjusted for the effect of minimum funding and asset ceiling re-quirements. Plans with a funding surplus are presented as net assets on the balance sheet. The defined benefit obligations are measured at the present value of expected future payments to be made in respect of services pro-vided by employees up to the balance sheet date. Plan assets are measured at fair value. The pension cost charged to the income statement consists of calculated amounts for vested benefits and interest in addition to settlement of gains or losses, etc. Interest on plan assets is calculated with the same rates as used for discounting the obligations. Actuarial gains/losses are recognised in other comprehensive income. Pension plans where A.P. Moller - Maersk, as part of collective bargaining agreements, participates together with other enterprises \u2013 so called multi-employer plans \u2013 are treated as other pension plans in the financial state-ments. Defined benefit multi-employer plans, where suf-ficient information to apply defined benefit accounting is not available, are treated as defined contribution plans.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-119-2": {
"value": "Note 4.4 Financial income and expenses2022 20211,4Interest expenses on liabilities 815 8132Borrowing costs capitalised on assets 49 5Interest income on loans and receivables 436 52Fair value adjustment transferred from equity hedge reserve (loss) 33 37Net interest expenses 363 793Exchange rate gains on bank balances, borrowings and working capital 596 385Exchange rate losses on bank balances, borrowings and working capital 586 374Net foreign exchange gains/losses 10 11Fair value gains from derivatives 54 102Fair value losses from derivatives 319 251Net fair value gains/losses -265 -1493Dividends received from securities- 1Gains on payable contingent consideration - 3Impairment losses on financial assets 13 26Reversal of impairment losses on financial assets 2 9Financial expenses, net 629 944Of which:Financial income 1,088 552Financial expenses 1,717 1,4961 Of which USD 518m (USD 459m) relates to interest expense on lease liabilities.2 The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation is 4.6% (3.3%). 3 Of which USD 0m (USD 1m) pertains to shares held at the end of the year and USD 0m (USD 0m) pertains to shares sold during the year.4 Of which USD 0m (USD 37m) relates to expense from prepayment of issued bonds.For an analysis of gains and losses from derivatives, reference is made to note 4.5.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-119-3": {
"value": "Note 4.4 Financial income and expenses2022 20211,4Interest expenses on liabilities 815 8132Borrowing costs capitalised on assets 49 5Interest income on loans and receivables 436 52Fair value adjustment transferred from equity hedge reserve (loss) 33 37Net interest expenses 363 793Exchange rate gains on bank balances, borrowings and working capital 596 385Exchange rate losses on bank balances, borrowings and working capital 586 374Net foreign exchange gains/losses 10 11Fair value gains from derivatives 54 102Fair value losses from derivatives 319 251Net fair value gains/losses -265 -1493Dividends received from securities- 1Gains on payable contingent consideration - 3Impairment losses on financial assets 13 26Reversal of impairment losses on financial assets 2 9Financial expenses, net 629 944Of which:Financial income 1,088 552Financial expenses 1,717 1,4961 Of which USD 518m (USD 459m) relates to interest expense on lease liabilities.2 The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation is 4.6% (3.3%). 3 Of which USD 0m (USD 1m) pertains to shares held at the end of the year and USD 0m (USD 0m) pertains to shares sold during the year.4 Of which USD 0m (USD 37m) relates to expense from prepayment of issued bonds.For an analysis of gains and losses from derivatives, reference is made to note 4.5.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceIncomeExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-119-4": {
"value": "Note 4.4 Financial income and expenses2022 20211,4Interest expenses on liabilities 815 8132Borrowing costs capitalised on assets 49 5Interest income on loans and receivables 436 52Fair value adjustment transferred from equity hedge reserve (loss) 33 37Net interest expenses 363 793Exchange rate gains on bank balances, borrowings and working capital 596 385Exchange rate losses on bank balances, borrowings and working capital 586 374Net foreign exchange gains/losses 10 11Fair value gains from derivatives 54 102Fair value losses from derivatives 319 251Net fair value gains/losses -265 -1493Dividends received from securities- 1Gains on payable contingent consideration - 3Impairment losses on financial assets 13 26Reversal of impairment losses on financial assets 2 9Financial expenses, net 629 944Of which:Financial income 1,088 552Financial expenses 1,717 1,4961 Of which USD 518m (USD 459m) relates to interest expense on lease liabilities.2 The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation is 4.6% (3.3%). 3 Of which USD 0m (USD 1m) pertains to shares held at the end of the year and USD 0m (USD 0m) pertains to shares sold during the year.4 Of which USD 0m (USD 37m) relates to expense from prepayment of issued bonds.For an analysis of gains and losses from derivatives, reference is made to note 4.5.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinanceCostExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-119-5": {
"value": "Note 4.4 Financial income and expenses2022 20211,4Interest expenses on liabilities 815 8132Borrowing costs capitalised on assets 49 5Interest income on loans and receivables 436 52Fair value adjustment transferred from equity hedge reserve (loss) 33 37Net interest expenses 363 793Exchange rate gains on bank balances, borrowings and working capital 596 385Exchange rate losses on bank balances, borrowings and working capital 586 374Net foreign exchange gains/losses 10 11Fair value gains from derivatives 54 102Fair value losses from derivatives 319 251Net fair value gains/losses -265 -1493Dividends received from securities- 1Gains on payable contingent consideration - 3Impairment losses on financial assets 13 26Reversal of impairment losses on financial assets 2 9Financial expenses, net 629 944Of which:Financial income 1,088 552Financial expenses 1,717 1,4961 Of which USD 518m (USD 459m) relates to interest expense on lease liabilities.2 The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation is 4.6% (3.3%). 3 Of which USD 0m (USD 1m) pertains to shares held at the end of the year and USD 0m (USD 0m) pertains to shares sold during the year.4 Of which USD 0m (USD 37m) relates to expense from prepayment of issued bonds.For an analysis of gains and losses from derivatives, reference is made to note 4.5.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingCostsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-119-6": {
"value": "Note 4.4 Financial income and expenses2022 20211,4Interest expenses on liabilities 815 8132Borrowing costs capitalised on assets 49 5Interest income on loans and receivables 436 52Fair value adjustment transferred from equity hedge reserve (loss) 33 37Net interest expenses 363 793Exchange rate gains on bank balances, borrowings and working capital 596 385Exchange rate losses on bank balances, borrowings and working capital 586 374Net foreign exchange gains/losses 10 11Fair value gains from derivatives 54 102Fair value losses from derivatives 319 251Net fair value gains/losses -265 -1493Dividends received from securities- 1Gains on payable contingent consideration - 3Impairment losses on financial assets 13 26Reversal of impairment losses on financial assets 2 9Financial expenses, net 629 944Of which:Financial income 1,088 552Financial expenses 1,717 1,4961 Of which USD 518m (USD 459m) relates to interest expense on lease liabilities.2 The capitalisation rate used to determine the amount of borrowing costs eligible for capitalisation is 4.6% (3.3%). 3 Of which USD 0m (USD 1m) pertains to shares held at the end of the year and USD 0m (USD 0m) pertains to shares sold during the year.4 Of which USD 0m (USD 37m) relates to expense from prepayment of issued bonds.For an analysis of gains and losses from derivatives, reference is made to note 4.5.The Group\u2019s sensitivity to an increase in the USD exchange rate of 10% against all other significant currencies to which the Group is exposed is estimated to have the following impact.The sensitivities are based only on the impact of financial instruments that are outstanding at the balance sheet date and are thus not an expression of the Group\u2019s total currency risk.Profit before tax Equity before taxCurrency sensitivity for financial instruments 2022 2021 2022 2021EUR 30 -108 -38 -141CNY 34 -88 27 -88DKK -221 -25 -249 -51Other -133 -154 -224 -208Total -290 -375 -484 -488",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-120-2": {
"value": "Note 4.5 Financial instruments and risksThe gain/losses of the derivatives are recognised as follows: 2022 2021Hedging foreign exchange risk on revenue -7 15Hedging foreign exchange risk on operating costs -127 40Hedging interest rate risk -33 -37Hedging foreign exchange risk on the cost of non-current assets -30 -2Total effective hedging -197 16Ineffectiveness recognised in financial expenses 16 13Total reclassified from equity reserve for hedges -181 29Derivatives accounted for as held for trading:Currency derivatives recognised directly in financial income/expenses -276 -164Interest rate derivatives recognised directly in financial income/expenses -196 -92Oil prices and freight rate derivatives recognised directly in other income/costs -150 -165Net gains/losses recognised directly in the income statement -622 -421Total -803 -392The Group\u2019s derivatives are presented at fair value in the balance sheet.The Group\u2019s activities expose it to a variety of financial risks:\u2022 Market risks, i.e., currency risk, interest rate risk and oil price risk\u2022 Credit risk\u2022 Liquidity risk Market risk is the risk that changes in market prices, such as foreign exchange rates and interest rates, will affect the Group\u2019s profit or the value of its holdings of financial instruments. The sensitivity analyses in the currency risk and interest rate risk sections relate to the position of financial instruments at 31 December 2022. The sensitivity analyses for currency risk and interest rate risk have been prepared on the basis that the amount of net debt, the ratio of fixed to floating interest rates of the debt and the proportion of financial instruments in foreign currencies remain unchanged from hedge designations in place at 31 December 2022. Furthermore, it is assumed that the exchange rate and interest rate sensitivities have a symmetric impact, i.e. an increase in rates results in the same absolute movement as a decrease in rates. The sensitivity analyses show the effect on profit and equity of a reasonably possible change in exchange rates and interest rates. Hedges comprise primarily currency derivatives and interest rate derivatives, which are further described in the following sections.Currency riskThe Group\u2019s currency risk relates to the fact that while income from Ocean activities is denominated mainly in USD, the related expenses are incurred in both USD and a wide range of other currencies such as EUR, DKK, HKD, SGD, and CAD. As the net income is in USD, this is also the primary financing currency. Income and expenses from other activities, are mainly denominated in local currencies, thus reducing the Group\u2019s exposure to these currencies. The main purpose of hedging the Group\u2019s currency risk is to hedge the USD value of the Group\u2019s net cash flow and reduce fluctuations in the Group\u2019s profit. The Group uses various financial derivatives, including forwards, option contracts and cross-currency swaps, to hedge these risks. The key aspects of the currency hedging policy are:\u2022 Net cash flows in other significant currencies than USD are hedged using a layered model with a 12-months horizon\u2022 Significant capital commitments or divestments in other currencies than USD are hedged\u2022 Most non-USD debt is hedged, however, depending on the asset-liability match and the currency of the generated cash flow.Currency derivatives hedge future revenue, operating costs and investments/divestments, and are recognised on an ongoing basis in the income statement and the cost of property, plant and equipment, respectively. There is not any proxy hedging for the currency risk hedging, and therefore the economic relationship between the hedged exposure and the hedge is high. Effectiveness is assessed using the critical terms match approach according to IFRS 9. Hedges of future revenue and operating costs matures within a year (matures within a year). Hedges of investments matures within a year (matures within a year). For hedges related to operating cash flows and investments, a gain of USD 94m in 2022 (loss of USD 150m) is recognised in other comprehensive income, and the cash flow hedge reserve amounts to a gain of USD 53m at 31 December (loss of USD 41m). For hedges where the cost of hedging is applied, the forward points are recognised in other comprehensive income and transferred with the effective hedge when the hedged transaction occurs. The cost of hedging reserve amounts to USD 0m (USD 0m). There was no ineffectiveness in 2022 (no ineffectiveness). Besides the designated cash flow hedges in the table, the Group uses derivatives to hedge currency exposures that do not qualify for hedge accounting. These derivatives are classified as fair value through profit or loss. The average FX hedge rates for swaps in cash flow hedge were EUR/USD 1.18 (1.18), GBP/USD 1.52 (1.52), USD/NOK 8.25 (8.25) and USD/SEK 8.88 (8.88). The average FX hedge rates for swaps in combined fair value hedge were EUR/USD 1.24 (1.24), GBP/USD 1.52 (1.52), USD/NOK 8.25 (8.25), and USD/JPY 119.39 (119.39).Note 4.5 Financial instruments and risks \u2013 continuedHedge of operating cash flows and Fair value, Fair value, Nominal Average investments in foreign currenciesassetliabilityamount of hedge ratederivativeMain currencies hedged2022EUR 24 5 749 EUR/USD 1.05DKK 14 3 312 USD/DKK 7.08HKD 1 - 210 USD/HKD 7.81Other currencies 35 15 1,056 N/ATotal 74 23 -2021EUR 5 25 876 EUR/USD 1.20DKK - 10 282 USD/DKK 6.32HKD - 1 179 USD/HKD 7.78Other currencies 10 20 849 N/ATotal 15 56Derivatives recognised at fair value in the balance sheet 2022 2021Non-current receivables 10 33Current receivables 198 40Non-current liabilities 495 217Current liabilities 77 95Assets, net -364 -239Fair valueRecognised at fair value through profit and loss 2022 2021Currency derivatives 86 -14Total 86 -14The Group\u2019s sensitivity to an increase in the USD exchange rate of 10% against all other significant currencies to which the Group is exposed is estimated to have the following impact.The sensitivities are based only on the impact of financial instruments that are outstanding at the balance sheet date and are thus not an expression of the Group\u2019s total currency risk.Profit before tax Equity before taxCurrency sensitivity for financial instruments 2022 2021 2022 2021EUR 30 -108 -38 -141CNY 34 -88 27 -88DKK -221 -25 -249 -51Other -133 -154 -224 -208Total -290 -375 -484 -488Note 4.5 Financial instruments and risks \u2013 continuedInterest rate riskMaturityFair Fair Nominal 0-1 year 2-5 years 5- years Gain/loss Gain/loss Average value, value, amount on on hedge Interest rate assetliabilityof hedged hedging ratehedging of derivativeiteminstru-borrowingsment2022Combined fair value hedge, hedge of borrowingsEUR - 127 486 - 401 85 35 -54 6.2%GBP - 29 84 - 84 - 4 -7 6.8%JPY - 12 95 - 95 - - -3 6.1%NOK - 64 223 - 223 - 17 -22 6.8%Fair value hedge, hedge of borrowingsUSD - 73 900 - 500 400 75 -73 6.7%Cash flow hedge, hedge of borrowingsEUR - 145 934 - 400 534 - -56 3.2%GBP - 77 277 - 277 - - -5 4.6%NOK - 5 26 26 - - - - 3.3%SEK - 11 61 - 61 - - - 1.7%USD 11 - 391 150 200 41 - 12 2.7%Total 11 543 3,477 176 2,241 1,060 131 -2082021Combined fair value hedge, hedge of borrowingsEUR 2 31 516 - 425 91 -33 16 1.8%GBP - 11 95 - 95 - -3 1 2.5%JPY 3 - 109 - 109 - -2 -2 1.7%NOK - 27 250 - 250 - 5 -11 2.5%Fair value hedge, hedge of borrowingsUSD 30 - 900 - 500 400 -29 30 2.2%Cash flow hedge, hedge of borrowingsEUR - 69 992 - 425 567 - -35 3.2%GBP - 49 311 - 311 - - -11 4.6%NOK - 2 29 - 29 - - -1 3.3%SEK - - 74 - 74 - - - 0.0%USD 2 42 948 - 230 718 - -39 2.3%Total 37 231 4,224 - 2,448 1,776 -62 -52The Group has most of its debt denominated in USD, but part of the debt (e.g., issued bonds) is in other currencies such as EUR, GBP, NOK, and JPY. The Group strives to maintain a combination of fixed and floating interest rates on its net debt, reflecting expectations and risks. The hedging of interest rate risk is governed by a range of gross debt paying fixed interest. The level at 31 December is 43% (41%) excluding IFRS 16 leases. A general increase in interest rates by one percentage point is estimated, all else being equal, to affect profit before tax and equity, excluding tax effect, positively by approx. USD 215m (positively by USD 152m) and positively by approx. USD 199m (positively by USD 146m), respectively. This analysis assumes that all other variables, in particular foreign currency rates, remain constant. The hedging of the interest rate risk is done by cross-currency swaps and interest rate swaps. The hedging is a mix of fair value hedging, combined fair value hedging and cash flow hedging. The hedges are expected to be highly effective due to the nature of the economic relationship between the exposure and the hedge. The source of ineffectiveness is the credit risk of the hedging instruments. For hedges where the cost of hedging is applied, the change in basis spread is recognised in other comprehensive income and is a time effect during the lifetime of the swap and at maturity amounts to 0. If the hedged transaction is prepaid, the change in basis spread will be recognised in profit or loss as ineffectiveness. The cost of hedging reserve amounts to a gain of USD 15m (gain of USD 6m).Note 4.5 Financial instruments and risks \u2013 continuedCarrying Next interest rate fixingamountBorrowings and lease liabilities by interest rate levels inclusive of interest rate swaps 0-1 year 1-5 years 5- years20220-3% 1,095 202 120 7733-6% 12,117 3,607 5,214 3,2966%- 2,431 1,918 231 282Total 15,643 5,727 5,565 4,351Of which:Bearing fixed interest 13,400Bearing floating interest 2,24320210-3% 3,510 2,531 -29 1,0083-6% 11,124 2,306 5,426 3,3926%- 701 71 239 391Total 15,335 4,908 5,636 4,791Of which:Bearing fixed interest 12,908Bearing floating interest 2,427Oil price riskMaturityQuantity, Average trade Average Fair value 0-3 months 4-12 monthsmillion price per durationmetric tonnesmetric tonne2022Oil swaps -1 0-1 year 25 20 5Buy 10 517 -132 -135 3Sell -11 512 157 155 2Oil futures - 0-1 year 5 5 -Buy 1 739 -2 -3 1Sell -1 749 7 8 -1Total -1 30 25 52021Oil swaps -1 0-1 year 10 11 -1Buy 9 563 165 161 4Sell -10 492 -155 -150 -5Oil futures - 0-1 year - -1 1Buy 1 564 11 10 1Sell -1 480 -11 -11 -Total -1 10 10 -The majority of the Group\u2019s trading of commodity products is related to inventory stocks of crude oil and bunker oil, as the products are bought in larger quantities and stored for processing and re-sale. The oil price risk arising from these oil price exposures is mitigated by entering into commodity derivative agreements. The overall exposure limit is set in the Group\u2019s risk policy, defining a maximum net open position for the Group. On 31 December 2022, the Group has entered into oil derivative positions shown in the table.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-120-3": {
"value": "Note 4.5 Financial instruments and risksThe gain/losses of the derivatives are recognised as follows: 2022 2021Hedging foreign exchange risk on revenue -7 15Hedging foreign exchange risk on operating costs -127 40Hedging interest rate risk -33 -37Hedging foreign exchange risk on the cost of non-current assets -30 -2Total effective hedging -197 16Ineffectiveness recognised in financial expenses 16 13Total reclassified from equity reserve for hedges -181 29Derivatives accounted for as held for trading:Currency derivatives recognised directly in financial income/expenses -276 -164Interest rate derivatives recognised directly in financial income/expenses -196 -92Oil prices and freight rate derivatives recognised directly in other income/costs -150 -165Net gains/losses recognised directly in the income statement -622 -421Total -803 -392The Group\u2019s derivatives are presented at fair value in the balance sheet.The Group\u2019s activities expose it to a variety of financial risks:\u2022 Market risks, i.e., currency risk, interest rate risk and oil price risk\u2022 Credit risk\u2022 Liquidity risk Market risk is the risk that changes in market prices, such as foreign exchange rates and interest rates, will affect the Group\u2019s profit or the value of its holdings of financial instruments. The sensitivity analyses in the currency risk and interest rate risk sections relate to the position of financial instruments at 31 December 2022. The sensitivity analyses for currency risk and interest rate risk have been prepared on the basis that the amount of net debt, the ratio of fixed to floating interest rates of the debt and the proportion of financial instruments in foreign currencies remain unchanged from hedge designations in place at 31 December 2022. Furthermore, it is assumed that the exchange rate and interest rate sensitivities have a symmetric impact, i.e. an increase in rates results in the same absolute movement as a decrease in rates. The sensitivity analyses show the effect on profit and equity of a reasonably possible change in exchange rates and interest rates. Hedges comprise primarily currency derivatives and interest rate derivatives, which are further described in the following sections.Currency riskThe Group\u2019s currency risk relates to the fact that while income from Ocean activities is denominated mainly in USD, the related expenses are incurred in both USD and a wide range of other currencies such as EUR, DKK, HKD, SGD, and CAD. As the net income is in USD, this is also the primary financing currency. Income and expenses from other activities, are mainly denominated in local currencies, thus reducing the Group\u2019s exposure to these currencies. The main purpose of hedging the Group\u2019s currency risk is to hedge the USD value of the Group\u2019s net cash flow and reduce fluctuations in the Group\u2019s profit. The Group uses various financial derivatives, including forwards, option contracts and cross-currency swaps, to hedge these risks. The key aspects of the currency hedging policy are:\u2022 Net cash flows in other significant currencies than USD are hedged using a layered model with a 12-months horizon\u2022 Significant capital commitments or divestments in other currencies than USD are hedged\u2022 Most non-USD debt is hedged, however, depending on the asset-liability match and the currency of the generated cash flow.Currency derivatives hedge future revenue, operating costs and investments/divestments, and are recognised on an ongoing basis in the income statement and the cost of property, plant and equipment, respectively. There is not any proxy hedging for the currency risk hedging, and therefore the economic relationship between the hedged exposure and the hedge is high. Effectiveness is assessed using the critical terms match approach according to IFRS 9. Hedges of future revenue and operating costs matures within a year (matures within a year). Hedges of investments matures within a year (matures within a year). For hedges related to operating cash flows and investments, a gain of USD 94m in 2022 (loss of USD 150m) is recognised in other comprehensive income, and the cash flow hedge reserve amounts to a gain of USD 53m at 31 December (loss of USD 41m). For hedges where the cost of hedging is applied, the forward points are recognised in other comprehensive income and transferred with the effective hedge when the hedged transaction occurs. The cost of hedging reserve amounts to USD 0m (USD 0m). There was no ineffectiveness in 2022 (no ineffectiveness). Besides the designated cash flow hedges in the table, the Group uses derivatives to hedge currency exposures that do not qualify for hedge accounting. These derivatives are classified as fair value through profit or loss. The average FX hedge rates for swaps in cash flow hedge were EUR/USD 1.18 (1.18), GBP/USD 1.52 (1.52), USD/NOK 8.25 (8.25) and USD/SEK 8.88 (8.88). The average FX hedge rates for swaps in combined fair value hedge were EUR/USD 1.24 (1.24), GBP/USD 1.52 (1.52), USD/NOK 8.25 (8.25), and USD/JPY 119.39 (119.39).Note 4.5 Financial instruments and risks \u2013 continuedHedge of operating cash flows and Fair value, Fair value, Nominal Average investments in foreign currenciesassetliabilityamount of hedge ratederivativeMain currencies hedged2022EUR 24 5 749 EUR/USD 1.05DKK 14 3 312 USD/DKK 7.08HKD 1 - 210 USD/HKD 7.81Other currencies 35 15 1,056 N/ATotal 74 23 -2021EUR 5 25 876 EUR/USD 1.20DKK - 10 282 USD/DKK 6.32HKD - 1 179 USD/HKD 7.78Other currencies 10 20 849 N/ATotal 15 56Derivatives recognised at fair value in the balance sheet 2022 2021Non-current receivables 10 33Current receivables 198 40Non-current liabilities 495 217Current liabilities 77 95Assets, net -364 -239Fair valueRecognised at fair value through profit and loss 2022 2021Currency derivatives 86 -14Total 86 -14The Group\u2019s sensitivity to an increase in the USD exchange rate of 10% against all other significant currencies to which the Group is exposed is estimated to have the following impact.The sensitivities are based only on the impact of financial instruments that are outstanding at the balance sheet date and are thus not an expression of the Group\u2019s total currency risk.Profit before tax Equity before taxCurrency sensitivity for financial instruments 2022 2021 2022 2021EUR 30 -108 -38 -141CNY 34 -88 27 -88DKK -221 -25 -249 -51Other -133 -154 -224 -208Total -290 -375 -484 -488Note 4.5 Financial instruments and risks \u2013 continuedInterest rate riskMaturityFair Fair Nominal 0-1 year 2-5 years 5- years Gain/loss Gain/loss Average value, value, amount on on hedge Interest rate assetliabilityof hedged hedging ratehedging of derivativeiteminstru-borrowingsment2022Combined fair value hedge, hedge of borrowingsEUR - 127 486 - 401 85 35 -54 6.2%GBP - 29 84 - 84 - 4 -7 6.8%JPY - 12 95 - 95 - - -3 6.1%NOK - 64 223 - 223 - 17 -22 6.8%Fair value hedge, hedge of borrowingsUSD - 73 900 - 500 400 75 -73 6.7%Cash flow hedge, hedge of borrowingsEUR - 145 934 - 400 534 - -56 3.2%GBP - 77 277 - 277 - - -5 4.6%NOK - 5 26 26 - - - - 3.3%SEK - 11 61 - 61 - - - 1.7%USD 11 - 391 150 200 41 - 12 2.7%Total 11 543 3,477 176 2,241 1,060 131 -2082021Combined fair value hedge, hedge of borrowingsEUR 2 31 516 - 425 91 -33 16 1.8%GBP - 11 95 - 95 - -3 1 2.5%JPY 3 - 109 - 109 - -2 -2 1.7%NOK - 27 250 - 250 - 5 -11 2.5%Fair value hedge, hedge of borrowingsUSD 30 - 900 - 500 400 -29 30 2.2%Cash flow hedge, hedge of borrowingsEUR - 69 992 - 425 567 - -35 3.2%GBP - 49 311 - 311 - - -11 4.6%NOK - 2 29 - 29 - - -1 3.3%SEK - - 74 - 74 - - - 0.0%USD 2 42 948 - 230 718 - -39 2.3%Total 37 231 4,224 - 2,448 1,776 -62 -52The Group has most of its debt denominated in USD, but part of the debt (e.g., issued bonds) is in other currencies such as EUR, GBP, NOK, and JPY. The Group strives to maintain a combination of fixed and floating interest rates on its net debt, reflecting expectations and risks. The hedging of interest rate risk is governed by a range of gross debt paying fixed interest. The level at 31 December is 43% (41%) excluding IFRS 16 leases. A general increase in interest rates by one percentage point is estimated, all else being equal, to affect profit before tax and equity, excluding tax effect, positively by approx. USD 215m (positively by USD 152m) and positively by approx. USD 199m (positively by USD 146m), respectively. This analysis assumes that all other variables, in particular foreign currency rates, remain constant. The hedging of the interest rate risk is done by cross-currency swaps and interest rate swaps. The hedging is a mix of fair value hedging, combined fair value hedging and cash flow hedging. The hedges are expected to be highly effective due to the nature of the economic relationship between the exposure and the hedge. The source of ineffectiveness is the credit risk of the hedging instruments. For hedges where the cost of hedging is applied, the change in basis spread is recognised in other comprehensive income and is a time effect during the lifetime of the swap and at maturity amounts to 0. If the hedged transaction is prepaid, the change in basis spread will be recognised in profit or loss as ineffectiveness. The cost of hedging reserve amounts to a gain of USD 15m (gain of USD 6m).Note 4.5 Financial instruments and risks \u2013 continuedCarrying Next interest rate fixingamountBorrowings and lease liabilities by interest rate levels inclusive of interest rate swaps 0-1 year 1-5 years 5- years20220-3% 1,095 202 120 7733-6% 12,117 3,607 5,214 3,2966%- 2,431 1,918 231 282Total 15,643 5,727 5,565 4,351Of which:Bearing fixed interest 13,400Bearing floating interest 2,24320210-3% 3,510 2,531 -29 1,0083-6% 11,124 2,306 5,426 3,3926%- 701 71 239 391Total 15,335 4,908 5,636 4,791Of which:Bearing fixed interest 12,908Bearing floating interest 2,427Oil price riskMaturityQuantity, Average trade Average Fair value 0-3 months 4-12 monthsmillion price per durationmetric tonnesmetric tonne2022Oil swaps -1 0-1 year 25 20 5Buy 10 517 -132 -135 3Sell -11 512 157 155 2Oil futures - 0-1 year 5 5 -Buy 1 739 -2 -3 1Sell -1 749 7 8 -1Total -1 30 25 52021Oil swaps -1 0-1 year 10 11 -1Buy 9 563 165 161 4Sell -10 492 -155 -150 -5Oil futures - 0-1 year - -1 1Buy 1 564 11 10 1Sell -1 480 -11 -11 -Total -1 10 10 -The majority of the Group\u2019s trading of commodity products is related to inventory stocks of crude oil and bunker oil, as the products are bought in larger quantities and stored for processing and re-sale. The oil price risk arising from these oil price exposures is mitigated by entering into commodity derivative agreements. The overall exposure limit is set in the Group\u2019s risk policy, defining a maximum net open position for the Group. On 31 December 2022, the Group has entered into oil derivative positions shown in the table.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-120-4": {
"value": "Note 4.5 Financial instruments and risksThe gain/losses of the derivatives are recognised as follows: 2022 2021Hedging foreign exchange risk on revenue -7 15Hedging foreign exchange risk on operating costs -127 40Hedging interest rate risk -33 -37Hedging foreign exchange risk on the cost of non-current assets -30 -2Total effective hedging -197 16Ineffectiveness recognised in financial expenses 16 13Total reclassified from equity reserve for hedges -181 29Derivatives accounted for as held for trading:Currency derivatives recognised directly in financial income/expenses -276 -164Interest rate derivatives recognised directly in financial income/expenses -196 -92Oil prices and freight rate derivatives recognised directly in other income/costs -150 -165Net gains/losses recognised directly in the income statement -622 -421Total -803 -392Note 4.6 Financial instruments by category3Carrying amount Fair value 2022 2021 2022 2021Carried at amortised costLoan receivables 17,677 5,143 17,618Lease receivables 13 19Other interest-bearing receivables and deposits 106 63Trade receivables 6,971 5,403Other receivables (non-interest-bearing) 1,680 891Securities 942 -Cash and bank balances 10,057 11,832Financial assets at amortised cost 37,446 23,351Derivatives 208 73Carried at fair value through profit/loss1Other receivables (non-interest-bearing)3 4Securities - 3Financial assets at fair value through profit or loss 3 7Carried at fair value through other comprehensive income2Equity investments (FVOCI)377 318Financial assets at fair value through OCI 377 318Total financial assets 38,034 23,749Carried at amortised costBank and other credit institutions 1,053 1,443 1,054 1,442Lease liabilities 11,614 10,551Issued bonds 2,976 3,341 2,855 3,537Trade payables 6,804 6,241Other payables 1,716 1,377Financial liabilities at amortised cost 24,163 22,953Derivatives 572 312Carried at fair valueOther payables 130 110Financial liabilities at fair value 130 110Total financial liabilities 24,865 23,3751 Relates to contingent considerations receivable.2 Designated at initial recognition in accordance with IFRS 9.3 Where no fair value is stated, the amount equals carrying amount.Other equity investments (FVOCI)The Group has investments in equity shares of both listed and non-listed companies. The Group holds non-controlling interests (between 0.1% and 15%) in these companies. These investments were irrevocably designated at fair value through OCI as the Group considers these investments to be strategic in nature.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-120-5": {
"value": "Note 4.5 Financial instruments and risksThe gain/losses of the derivatives are recognised as follows: 2022 2021Hedging foreign exchange risk on revenue -7 15Hedging foreign exchange risk on operating costs -127 40Hedging interest rate risk -33 -37Hedging foreign exchange risk on the cost of non-current assets -30 -2Total effective hedging -197 16Ineffectiveness recognised in financial expenses 16 13Total reclassified from equity reserve for hedges -181 29Derivatives accounted for as held for trading:Currency derivatives recognised directly in financial income/expenses -276 -164Interest rate derivatives recognised directly in financial income/expenses -196 -92Oil prices and freight rate derivatives recognised directly in other income/costs -150 -165Net gains/losses recognised directly in the income statement -622 -421Total -803 -392",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsHeldForTradingExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-120-6": {
"value": "Note 4.5 Financial instruments and risksThe gain/losses of the derivatives are recognised as follows: 2022 2021Hedging foreign exchange risk on revenue -7 15Hedging foreign exchange risk on operating costs -127 40Hedging interest rate risk -33 -37Hedging foreign exchange risk on the cost of non-current assets -30 -2Total effective hedging -197 16Ineffectiveness recognised in financial expenses 16 13Total reclassified from equity reserve for hedges -181 29Derivatives accounted for as held for trading:Currency derivatives recognised directly in financial income/expenses -276 -164Interest rate derivatives recognised directly in financial income/expenses -196 -92Oil prices and freight rate derivatives recognised directly in other income/costs -150 -165Net gains/losses recognised directly in the income statement -622 -421Total -803 -392",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-122-2": {
"value": "The Group\u2019s overall risk management programme focuses on the unpredictability of financial markets and seeks to minimise the potential adverse effects on the Group\u2019s financial performance. The Group uses derivative financial instru-ments to hedge certain risk exposures. Risk management is carried out by a central finance department under policies approved by the Board of Directors. The finance department identifies, evaluates and hedges financial risks in close cooperation with the Group\u2019s entities.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-132-2": {
"value": "Credit riskMaturity analysis of trade receivables 2022 2021Receivables not due 5,220 4,090Less than 90 days overdue 1,660 1,28591 \u2013 365 days overdue 264 133More than 1 year overdue 92 100Receivables, gross 7,236 5,608Provision for bad debt 265 205Carrying amount 6,971 5,403Trade receivablesThe Group has exposure to financial and commercial counterparties, but has no particular concentration of customers or suppliers. To minimise the credit risk, financial vetting is undertaken for all major customers and financial institu-tions, adequate security is required for commercial counterparties, and credit limits are set for financial institutions and key commercial counterparties.The Group applies the simplified approach to providing the expected credit losses prescribed by IFRS 9, which per-mits the use of the lifetime expected loss provision for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. In accordance with IFRS 9, non-due trade receivables have also been considered for impairment.Approximately 31% (44%) of the provision for bad debt is related to trade receivables overdue by more than one year.Other financial assets at amortised costOther financial assets at amortised cost comprise loans receivable, finance lease receivables and other receivables. These financial assets are considered to have low credit risk, and thus the impairment provision calculated based on 12 months of expected losses is considered immaterial. The financial assets are considered to be low risk when they have a low risk of default, and the issuer has a strong capacity to meet its contractual cash flow obligations in the near term.Financial institutionsDeposits and bank balances are primarily held in relationship banks with a credit rating of at least A-. No individual counter-party exposure is above 10%. A.P. Moller - Maersk has ISDA agreements for trading of derivatives, under which the Group has a right to net settlement in the event of certain credit events. This results in the credit risk being limited to the net position per counterparty.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-133-2": {
"value": "The loss allowance provision for trade receivables as at 31 December 2022 reconciles to the opening loss allowance as follows:Change in provision for bad debt 2022 20211 January 205 170Provision made 331 196Amount used 105 81Amount reversed 165 81Acquired in business combinations 13 -Transfers, assets held for sale -13 -1Exchange rate adjustments and others -1 231 December 265 205",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-134-5": {
"value": "Trade receivablesThe Group has exposure to financial and commercial counterparties, but has no particular concentration of customers or suppliers. To minimise the credit risk, financial vetting is undertaken for all major customers and financial institu-tions, adequate security is required for commercial counterparties, and credit limits are set for financial institutions and key commercial counterparties.The Group applies the simplified approach to providing the expected credit losses prescribed by IFRS 9, which per-mits the use of the lifetime expected loss provision for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. In accordance with IFRS 9, non-due trade receivables have also been considered for impairment.Approximately 31% (44%) of the provision for bad debt is related to trade receivables overdue by more than one year.Other financial assets at amortised costOther financial assets at amortised cost comprise loans receivable, finance lease receivables and other receivables. These financial assets are considered to have low credit risk, and thus the impairment provision calculated based on 12 months of expected losses is considered immaterial. The financial assets are considered to be low risk when they have a low risk of default, and the issuer has a strong capacity to meet its contractual cash flow obligations in the near term.Financial institutionsDeposits and bank balances are primarily held in relationship banks with a credit rating of at least A-. No individual counter-party exposure is above 10%. A.P. Moller - Maersk has ISDA agreements for trading of derivatives, under which the Group has a right to net settlement in the event of certain credit events. This results in the credit risk being limited to the net position per counterparty.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-136-2": {
"value": "Liquidity riskNet interest-bearing debt and liquidity reserve 2022 2021Borrowings 15,643 15,335Net interest-bearing debt (net cash position) -12,632 -1,530Cash and bank balances 10,057 11,832Restricted cash -1,358 -1,319Term deposits not included in cash and cash balances 17,615 5,025Securities 942 3Undrawn revolving credit facilities > 12 months 6,000 6,0001Liquidity reserve33,256 21,541 1 Liquidity reserve is defined as undrawn committed revolving facilities with more than one year to expiry, securities, term deposits not included in cash and bank balances and cash and bank balances, excluding securities and balances in countries with exchange control or other restrictions.Based on the liquidity reserve, loans for the financing of specific assets, the maturity of outstanding loans, and the current investment profile, the Group\u2019s financial resources are deemed satisfactory.The average term to maturity of loan facilities in the Group was about five years (about six years) at 31 December 2022.Note 4.5 Financial instruments and risks \u2013 continuedCarrying Cash flows including interestMaturities of liabilities amountand commitments0-1 year 1-5 years 5- years Total2022Bank and other credit institutions 1,053 293 493 550 1,336Lease liabilities 11,614 3,479 6,467 4,239 14,185 \u2013 hereof interest 448 1,010 1,113 2,571Issued bonds 2,976 113 2,141 1,130 3,384Trade payables 6,804 6,804 - - 6,804Other payables 1,846 1,696 129 21 1,846Non-derivative financial liabilities 24,293 12,385 9,230 5,940 27,555Derivatives 572 77 356 139 572Total recognised in balance sheet 24,856 12,462 9,586 6,079 28,127Capital commitments 1,313 3,007 705 5,025Total 13,775 12,593 6,784 33,1522021Bank and other credit institutions 1,443 505 484 652 1,641Lease liabilities 10,551 2,797 6,100 4,222 13,119 \u2013 hereof interest 399 974 1,195 2,568Issued bonds 3,341 91 2,510 1,258 3,859Trade payables 6,241 6,241 - - 6,241Other payables 1,487 1,333 141 13 1,487Non-derivative financial liabilities 23,063 10,967 9,235 6,145 26,347Derivatives 312 95 181 36 312Total recognised in balance sheet 23,375 11,062 9,416 6,181 26,659Capital commitments 1,097 1,691 495 3,283Total 12,159 11,107 6,676 29,942It is of great importance for the Group to maintain a financial reserve to cover the Group\u2019s obligations and investment opportunities and to provide the capital necessary to offset changes in the Group\u2019s liquidity due to changes in the cash flow from operating activities.The flexibility of the financial reserve is subject to ongoing prioritisation and optimisation, among other things by focusing on the release of capital and following up on the development in working capital.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-137-2": {
"value": "For information about cash and bank balances in countries with exchange control or other restrictions, please see text to the consolidated cash flow statement.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRestrictedCashAndCashEquivalentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-141-3": {
"value": "Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-141-4": {
"value": "Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-141-5": {
"value": "Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForHedgingExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-141-6": {
"value": "Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-141-7": {
"value": "Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-141-8": {
"value": "Derivative financial instruments are recognised on the trading date and measured at fair value using generally acknowledged valuation techniques based on relevant observable swap curves and exchange rates. The effective portion of changes in the value of derivative financial instruments designated to hedge highly probable future transactions is recognised in other comprehensive income until the hedged transactions are realised. At that time, the accumulated gains/losses are transferred to the items under which the hedged trans-actions are recognised. The effective portion of changes in the value of derivative financial instruments used to hedge the value of recognised financial assets and liabilities is recognised in the income statement together with changes in the fair value of the hedged assets or liabilities that can be attributed to the hedging relation-ship. Currency basis spread and forward points are con-sidered a cost of hedging and deferred in equity. The ineffective portion of hedge transactions and changes in the fair values of derivative financial instru-ments, which do not qualify for hedge accounting, are recognised in the income statement as financial income or expenses for interest and currency-based instruments, and as other income/costs for oil price hedges and for-ward freight agreements.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-143-3": {
"value": "Note 4.6 Financial instruments by category3Carrying amount Fair value 2022 2021 2022 2021Carried at amortised costLoan receivables 17,677 5,143 17,618Lease receivables 13 19Other interest-bearing receivables and deposits 106 63Trade receivables 6,971 5,403Other receivables (non-interest-bearing) 1,680 891Securities 942 -Cash and bank balances 10,057 11,832Financial assets at amortised cost 37,446 23,351Derivatives 208 73Carried at fair value through profit/loss1Other receivables (non-interest-bearing)3 4Securities - 3Financial assets at fair value through profit or loss 3 7Carried at fair value through other comprehensive income2Equity investments (FVOCI)377 318Financial assets at fair value through OCI 377 318Total financial assets 38,034 23,749Carried at amortised costBank and other credit institutions 1,053 1,443 1,054 1,442Lease liabilities 11,614 10,551Issued bonds 2,976 3,341 2,855 3,537Trade payables 6,804 6,241Other payables 1,716 1,377Financial liabilities at amortised cost 24,163 22,953Derivatives 572 312Carried at fair valueOther payables 130 110Financial liabilities at fair value 130 110Total financial liabilities 24,865 23,3751 Relates to contingent considerations receivable.2 Designated at initial recognition in accordance with IFRS 9.3 Where no fair value is stated, the amount equals carrying amount.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-143-4": {
"value": "Note 4.6 Financial instruments by category3Carrying amount Fair value 2022 2021 2022 2021Carried at amortised costLoan receivables 17,677 5,143 17,618Lease receivables 13 19Other interest-bearing receivables and deposits 106 63Trade receivables 6,971 5,403Other receivables (non-interest-bearing) 1,680 891Securities 942 -Cash and bank balances 10,057 11,832Financial assets at amortised cost 37,446 23,351Derivatives 208 73Carried at fair value through profit/loss1Other receivables (non-interest-bearing)3 4Securities - 3Financial assets at fair value through profit or loss 3 7Carried at fair value through other comprehensive income2Equity investments (FVOCI)377 318Financial assets at fair value through OCI 377 318Total financial assets 38,034 23,749Carried at amortised costBank and other credit institutions 1,053 1,443 1,054 1,442Lease liabilities 11,614 10,551Issued bonds 2,976 3,341 2,855 3,537Trade payables 6,804 6,241Other payables 1,716 1,377Financial liabilities at amortised cost 24,163 22,953Derivatives 572 312Carried at fair valueOther payables 130 110Financial liabilities at fair value 130 110Total financial liabilities 24,865 23,3751 Relates to contingent considerations receivable.2 Designated at initial recognition in accordance with IFRS 9.3 Where no fair value is stated, the amount equals carrying amount.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDebtSecuritiesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-143-5": {
"value": "Note 4.6 Financial instruments by category3Carrying amount Fair value 2022 2021 2022 2021Carried at amortised costLoan receivables 17,677 5,143 17,618Lease receivables 13 19Other interest-bearing receivables and deposits 106 63Trade receivables 6,971 5,403Other receivables (non-interest-bearing) 1,680 891Securities 942 -Cash and bank balances 10,057 11,832Financial assets at amortised cost 37,446 23,351Derivatives 208 73Carried at fair value through profit/loss1Other receivables (non-interest-bearing)3 4Securities - 3Financial assets at fair value through profit or loss 3 7Carried at fair value through other comprehensive income2Equity investments (FVOCI)377 318Financial assets at fair value through OCI 377 318Total financial assets 38,034 23,749Carried at amortised costBank and other credit institutions 1,053 1,443 1,054 1,442Lease liabilities 11,614 10,551Issued bonds 2,976 3,341 2,855 3,537Trade payables 6,804 6,241Other payables 1,716 1,377Financial liabilities at amortised cost 24,163 22,953Derivatives 572 312Carried at fair valueOther payables 130 110Financial liabilities at fair value 130 110Total financial liabilities 24,865 23,3751 Relates to contingent considerations receivable.2 Designated at initial recognition in accordance with IFRS 9.3 Where no fair value is stated, the amount equals carrying amount.Movement during the year Other equityOther Total Other Total in level 3investmentsreceivablesfinancial payablesfinancial (FVOCI)assetsliabilitiesCarrying amount 1 January 2022 263 3 266 110 110Additions 36 - 36 84 84Disposals 28 - 28 63 63Gains/losses recognised in the income statement - - - -2 -2Gains/losses recognised in other comprehensive income 71 - 71 - -Exchange rate adjustments, etc. - - - 1 1Carrying amount 31 December 2022 342 3 345 130 130 Carrying amount 1 January 2021 89 3 92 58 58Additions 62 - 62 63 63Gains/losses recognised in other comprehensive income 130 - 130 - - Transfers to level 1 -18 -18Exchange rate adjustments, etc. - - - -11 -11Carrying amount 31 December 2021 263 3 266 110 110",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-143-6": {
"value": "Note 4.6 Financial instruments by category3Carrying amount Fair value 2022 2021 2022 2021Carried at amortised costLoan receivables 17,677 5,143 17,618Lease receivables 13 19Other interest-bearing receivables and deposits 106 63Trade receivables 6,971 5,403Other receivables (non-interest-bearing) 1,680 891Securities 942 -Cash and bank balances 10,057 11,832Financial assets at amortised cost 37,446 23,351Derivatives 208 73Carried at fair value through profit/loss1Other receivables (non-interest-bearing)3 4Securities - 3Financial assets at fair value through profit or loss 3 7Carried at fair value through other comprehensive income2Equity investments (FVOCI)377 318Financial assets at fair value through OCI 377 318Total financial assets 38,034 23,749Carried at amortised costBank and other credit institutions 1,053 1,443 1,054 1,442Lease liabilities 11,614 10,551Issued bonds 2,976 3,341 2,855 3,537Trade payables 6,804 6,241Other payables 1,716 1,377Financial liabilities at amortised cost 24,163 22,953Derivatives 572 312Carried at fair valueOther payables 130 110Financial liabilities at fair value 130 110Total financial liabilities 24,865 23,3751 Relates to contingent considerations receivable.2 Designated at initial recognition in accordance with IFRS 9.3 Where no fair value is stated, the amount equals carrying amount.Movement during the year Other equityOther Total Other Total in level 3investmentsreceivablesfinancial payablesfinancial (FVOCI)assetsliabilitiesCarrying amount 1 January 2022 263 3 266 110 110Additions 36 - 36 84 84Disposals 28 - 28 63 63Gains/losses recognised in the income statement - - - -2 -2Gains/losses recognised in other comprehensive income 71 - 71 - -Exchange rate adjustments, etc. - - - 1 1Carrying amount 31 December 2022 342 3 345 130 130 Carrying amount 1 January 2021 89 3 92 58 58Additions 62 - 62 63 63Gains/losses recognised in other comprehensive income 130 - 130 - - Transfers to level 1 -18 -18Exchange rate adjustments, etc. - - - -11 -11Carrying amount 31 December 2021 263 3 266 110 110",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFairValueOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-145-3": {
"value": "Financial instruments measured at fair valueFinancial instruments measured at fair value can be divided into three levels:Level 1 \u2014 Quoted prices (unadjusted) in active markets for identical assets or liabilitiesLevel 2 \u2014 Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices) andLevel 3 \u2014 Inputs for the asset or liability that are not based on observable market data.Fair value of listed securities is within level 1 of the fair value hierarchy. Non-listed shares and other securities are within level 3 of the fair value hierarchy.Fair value of derivatives is mainly within level 2 of the fair value hierarchy and is calculated based on observable market data as of the end of the reporting period. A minor amount of crude oil price derivatives is within level 1 of the fair value hierarchy.Fair value of level 3 assets and liabilities is primarily based on the present value of expected future cash flows.A reasonably possible change in the discount rate is not estimated to affect the Group\u2019s profit or equity significantly.Financial instruments carried at amortised costFair value of the short-term financial assets and other financial liabilities carried at amortised cost is not materially different from the carrying amount. In general, fair value is determined primarily based on the present value of expected future cash flows. Where a market price was available, however, this was deemed to be the fair value.Fair value of listed issued bonds is within level 1 of the fair value hierarchy. Fair value of the remaining borrowing items is within level 2 of the fair value hierarchy and is calculated based on discounted future cash flows. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-147-2": {
"value": "Note 5.1 Tax and deferred tax2022 2021Tax recognised in the income statementCurrent tax on profits for the year 782 582Adjustment for current tax of prior periods 44 93Utilisation of previously unrecognised deferred tax assets -23 -6Total current tax 803 669Origination and reversal of temporary differences -143 -58Adjustment for deferred tax of prior periods 49 10Adjustment attributable to changes in tax rates and laws - -5Recognition of previously unrecognised deferred tax assets - -79Reassessment of recoverability of deferred tax assets, net 1 22Total deferred tax -93 -110Total income tax 710 559Tonnage and freight tax 200 138Total tax expense 910 697Tax reconciliationProfit/loss before tax 30,231 18,730Profit/loss subject to Danish and foreign tonnage taxation, etc. -28,999 -17,578Share of profit/loss in joint ventures 192 -162Share of profit/loss in associated companies -324 -324Profit/loss before tax, adjusted 1,100 666Tax using the Danish corporation tax rate (22%) 242 147Tax rate deviations in foreign jurisdictions 31 55Non-taxable income -21 -41Non-deductible expenses 171 153Adjustment to previous years\u2019 taxes 94 103Effect of changed tax rate - -5Change in recoverability of deferred tax assets -22 -63Deferred tax asset not recognised 29 42Other differences, net 186 168Total income tax 710 559Effective tax rate 3.0% 3.7%Tax recognised in other comprehensive income and equity -20 - Of which:117Current tax -26 9.. 118Deferred tax 6 -9119Taxation of activitiesAs a global integrator of container logistics, A.P. Moller - Maersk generates profits from ocean, air or land-based activities.The land-based activities, which are subject to normal corporate income tax, include terminals, logistics, services and shipping agencies through which the Group operate one of the world\u2019s most comprehensive port and integrated logistics service networks. The logistics products include transportation, warehousing and distribution including cold storage, customs services and supply chain management services. This expanding land-based activity has prompted the establishment and acquisition of entities in numerous countries. On the ocean, A.P. Moller - Maersk moves over 26m TEUs every year and operates 700+ vessels delivering cargo to every corner of the globe, including dry cargo commodities, refrigerated cargo and dangerous cargo. This ocean activity, which represents the vast majority of the Group\u2019s current revenues, may be subject to special shipping tax rules, including tonnage and freight taxes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-147-3": {
"value": "Note 5.1 Tax and deferred tax2022 2021Tax recognised in the income statementCurrent tax on profits for the year 782 582Adjustment for current tax of prior periods 44 93Utilisation of previously unrecognised deferred tax assets -23 -6Total current tax 803 669Origination and reversal of temporary differences -143 -58Adjustment for deferred tax of prior periods 49 10Adjustment attributable to changes in tax rates and laws - -5Recognition of previously unrecognised deferred tax assets - -79Reassessment of recoverability of deferred tax assets, net 1 22Total deferred tax -93 -110Total income tax 710 559Tonnage and freight tax 200 138Total tax expense 910 697Tax reconciliationProfit/loss before tax 30,231 18,730Profit/loss subject to Danish and foreign tonnage taxation, etc. -28,999 -17,578Share of profit/loss in joint ventures 192 -162Share of profit/loss in associated companies -324 -324Profit/loss before tax, adjusted 1,100 666Tax using the Danish corporation tax rate (22%) 242 147Tax rate deviations in foreign jurisdictions 31 55Non-taxable income -21 -41Non-deductible expenses 171 153Adjustment to previous years\u2019 taxes 94 103Effect of changed tax rate - -5Change in recoverability of deferred tax assets -22 -63Deferred tax asset not recognised 29 42Other differences, net 186 168Total income tax 710 559Effective tax rate 3.0% 3.7%Tax recognised in other comprehensive income and equity -20 - Of which:117Current tax -26 9.. 118Deferred tax 6 -9119Note 5.1 Tax and deferred tax \u2013 continuedRecognised deferred tax assets and liabilities are attributable to the following:Assets Liabilities Net liabilities2022 2021 2022 2021 2022 2021Intangible assets 44 54 453 232 409 178Property, plant and equipment 51 46 314 310 263 264Provisions, etc. 248 155 173 55 -75 -100Tax loss carry- forwards 103 134 - - -103 -134Other 119 92 106 48 -13 -44Total 565 481 1,046 645 481 164Offsets -166 -125 -163 -125 3 - Total 399 356 883 520 484 164Change in deferred tax, net, during the year 2022 20211 January 164 276Intangible assets 39 -49Property, plant and equipment 21 22Provisions, etc. -146 -37Tax loss carry-forwards 27 -51Other -34 5Recognised in the income statement -93 -110Transfer to held for sale -14 1Other including business combinations 427 -331 December 484 164Unrecognised deferred tax assets 2022 2021Deductible temporary differences 125 140Tax loss carry-forwards 782 770Unused tax credits 11 10Total 918 920The unrecognised deferred tax assets have no significant time limitations. There are no substantial unrecognised tax liabilities on investments in subsidiaries, associated companies and joint ventures.Taxation of activitiesAs a global integrator of container logistics, A.P. Moller - Maersk generates profits from ocean, air or land-based activities.The land-based activities, which are subject to normal corporate income tax, include terminals, logistics, services and shipping agencies through which the Group operate one of the world\u2019s most comprehensive port and integrated logistics service networks. The logistics products include transportation, warehousing and distribution including cold storage, customs services and supply chain management services. This expanding land-based activity has prompted the establishment and acquisition of entities in numerous countries. On the ocean, A.P. Moller - Maersk moves over 26m TEUs every year and operates 700+ vessels delivering cargo to every corner of the globe, including dry cargo commodities, refrigerated cargo and dangerous cargo. This ocean activity, which represents the vast majority of the Group\u2019s current revenues, may be subject to special shipping tax rules, including tonnage and freight taxes.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-153-3": {
"value": "Tax comprises an estimate of current and deferred in-come tax as well as adjustments to previous years taxes. Income tax is tax on taxable profits, and consists of corporation tax, withholding tax of dividends, etc. In addi-tion, tax comprises tonnage tax. Tonnage tax is classified as tax when creditable in, or paid in lieu of, income tax. Tax is recognised in the income statement to the extent that it arises from items recognised in the income state-ment, including tax on gains on intra-group transactions that have been eliminated in the consolidation.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-153-4": {
"value": "Tax comprises an estimate of current and deferred in-come tax as well as adjustments to previous years taxes. Income tax is tax on taxable profits, and consists of corporation tax, withholding tax of dividends, etc. In addi-tion, tax comprises tonnage tax. Tonnage tax is classified as tax when creditable in, or paid in lieu of, income tax. Tax is recognised in the income statement to the extent that it arises from items recognised in the income state-ment, including tax on gains on intra-group transactions that have been eliminated in the consolidation.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-154-3": {
"value": "Deferred tax is calculated on temporary differences be-tween the carrying amounts and tax bases of assets and liabilities. Deferred tax is not recognised for differences on the initial recognition of assets or liabilities, where at the time of the transaction neither accounting nor taxable profit/loss is affected, unless the differences arise in a business combination. In addition, no deferred tax is recognised for undistributed earnings in subsid-iaries, when A.P. Moller - Maersk controls the timing of dividends. No taxable dividends are currently expected. A deferred tax asset is recognised to the extent that it is probable that it can be utilised within a foreseeable future.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-155-2": {
"value": "Note 5.2 Share-based paymentsMembers of Other key Total Total fair 1,2the Executive management value1Boardpersonnel and 4employeesOutstanding restricted shares No. No. No. USD million1 January 2022 5,268 16,618 21,886Granted 1,289 5,431 6,720 173Exercised and vested- 4,458 4,458Forfeited - 338 338Outstanding 31 December 2022 6,557 17,253 23,8101 January 2021 3,493 14,198 17,691Granted 1,775 6,107 7,882 193Exercised and vested - 3,542 3,542Forfeited - 134 134Cancelled - 11 11Outstanding 31 December 2021 5,268 16,618 21,8861 The fair value per RSU is equal to the volume weighted average share price on the date of grant i.e., 1 April 2022 (1 April 2021), adjusted for expected dividends during the vesting period. The fair value per RSU is 17,466 DKK (14,793 DKK) for Employees and 15,763 DKK (14,793 DKK) for Members of the Executive Board and other key management personnel.2 Total fair value is at the time of grant.3 The weighted average share price at the settlement date was DKK 20,372 (DKK 14,793).4 Restricted shares granted to other key management personnel during the year was 115 (154) and outstanding at year-end was 403 (428).Restricted shares planRestricted shares are awarded to certain key employees and members of the Executive Board annually. Each restricted share granted is a right to receive an existing B share of nominal DKK 1,000 in A.P. M\u00f8ller - M\u00e6rsk A/S.Transfer of restricted shares is contingent upon the employee still being employed and not being under notice of termination, and takes place when three years have passed from the date of grant. For members of the Executive Board and other key management personnel, the vesting period is five years.The members of the Executive Board, other key management personnel and employees are not entitled to any dividends during the vesting period. Special conditions apply regarding illness, death and resignation as well as changes in the company\u2019s capital structure, etc. A part of A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 treasury B shares will be used to meet the company\u2019s obligations in connection with the restricted shares plan.The recognised remuneration expense related to the restricted shares plan is USD 15m (USD 9m).The average remaining contractual life for the outstanding restricted shares as per 31 December 2022 is 1.6 years (1.8 years).Members of Other key Total Average Total fair the Executive management exercise valueBoardpersonnel and price 2employeesOutstanding share options No. No. No. DKK USD million1 January 2022 24,930 77,831 102,761 9,873Granted 4,677 15,481 20,158 25,096 91Exercised 8,866 18,486 27,352 7,998Forfeited 1,141 1,390 2,531 19,818Outstanding 31 December 2022 19,600 73,436 93,036 13,452Exercisable 31 December 2022 - 7,071 7,071 8,6371 January 2021 20,540 67,890 88,430 8,670Granted 7,323 20,891 28,214 13,754 17Exercised 2,933 10,950 13,883 9,988Outstanding 31 December 2021 24,930 77,831 102,761 9,873Exercisable 31 December 2021 3,496 4,080 7,576 9,9411 The weighted average share price at the dates of exercise of share options exercised in 2022 was DKK 19,833 (DKK 16,490).2 Share options granted to other key management personnel during the year was 570 (828) and outstanding at year-end was 2,243 (2,378).Share options planIn addition to the restricted shares plan, A.P. Moller - Maersk has a share option plan for members of the Executive Board and other key employees. Each share option granted is a call option to buy an existing B share of nominal DKK 1,000 in A.P. M\u00f8ller - M\u00e6rsk A/S.The share options are granted at an exercise price corresponding to 110% of the average of the market price on the first five trading days following the release of A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 most recent Annual Report. Exercise of the share options is contingent upon the option holder still being employed at the time of vesting, which takes place when three years have passed from the date of grant. The share options can then be exercised when at least three years and no more than six years (seven years for share options granted to employees not members of the Executive Board) have passed from the date of grant. Special conditions apply regarding illness, death, and resignation as well as changes in the company\u2019s capital structure, etc.The share options can only be settled in shares. A part of A.P. M\u00f8ller - M\u00e6rsk A/S\u2019 holding of treasury B shares will be used to meet the company\u2019s obligations in respect of the share option plan.The recognised remuneration expense related to the share option plan is USD 11m (USD 8m).The average remaining contractual life for the outstanding stock options as per 31 December 2022 is 4.6 years (4.8 years), and the range of exercise prices for the outstanding stock options as per 31 December 2022 is DKK 7,605 to DKK 25,096 (DKK 7,605 to DKK 13,754).Note 5.2 Share-based payments \u2013 continuedThe following principal assumptions are used in the valuation:Share options grantedShare options granted to to members of the employees Executive Board and other key management personnelOutstanding share options 2022 2021 2022 2021Share price, volume weighted average at the date of grant, 1 April, DKK 20,372 14,793 20,372 14,793Share price, five days volume weighted average after publication of Annual Report, DKK 22,814 12,503 22,814 12,503Exercise price, DKK 25,096 13,754 25,096 13,754Expected volatility (based on historic volatility) 33% 33% 33% 33%Expected term (years) 5 5 5.75 5.75Expected dividend yield 5.0% 2.2% 5.0% 2.2%Risk-free interest rate 0.31% -0.47% 0.35% -0.43%Fair value per option at grant date, DKK 2,859 3,670 3,082 3,837 The fair value of the options granted is based on the Black-Scholes option pricing model using the assumptions in the table above.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-160-2": {
"value": "Note 5.3 CommitmentsThe future charter and operating lease payments are:Ocean Logistics Terminals Towage Total& Services& Maritime Lease commitmentsServices2022Within one year 53 41 12 2 108Total 53 41 12 2 1082021Within one year 101 4 13 4 122Total 101 4 13 4 122Ocean Logistics Terminals Towage Total& Services& Maritime Capital commitmentsServices2022Capital commitments relating to the acquisition of non-current assets 3,036 140 414 505 4,095Commitments towards concession grantors - - 930 - 930Total capital commitments 3,036 140 1,344 505 5,0252021Capital commitments relating to the acquisition of non-current assets 1,753 89 183 87 2,112Commitments towards concession grantors 208 - 963 - 1,171Total capital commitments 1,961 89 1,146 87 3,283Short-term and low-value leasesAs part of the Group\u2019s activities, customary agreements are entered into regarding charter and operating leases of ships, containers, port facilities, etc.The increase in capital commitments is primarily related to new vessel contracts entered into during 2022.USD 5.0bn (USD 3.3bn) relates to investments, mainly within the Ocean and Terminals segments.Commitments related to the newbuilding programme for container vessels are USD 2.7bn (USD 1.1bn), USD 389m (USD 0m) for other vessels related to vertical installers, USD 110m (USD 77m) for tugboats and USD 89m (USD 89m) for aircraft.Note 5.3 Commitments \u2013 continuedNewbuilding programme at 31 December 2022 2023 2024 2025 2026 TotalContainer vessels 1 8 10 - 19Aircraft - - 2 - 2Tugboats 21 2 - 23Other vessels - - 1 - 1Total 22 10 13 - 45 Capital commitments relating to the newbuilding programme at 31 December 2022 2023 2024 2025 2026 TotalContainer vessels 414 1,091 1,159 - 2,664Aircraft - - 89 - 89 Tugboats 107 3 - 110Other vessels 22 - 367 - 389Total 543 1,094 1,615 - 3,252Note 5.4 Contingent liabilities Except for customary agreements within the Group\u2019s activities, no material agreements have been entered into that will take effect, change, or expire upon changes of the control over the company.Custom bonds of USD 472m (USD 490m) have been provided to various port authorities in India.Maersk Line and APM Terminals have entered into agreements with terminals and port authorities, etc., containing volume commitments, including an extra payment in case minimum volumes are not met.The Group is involved in several legal cases, tax and other disputes. Some of these involve significant amounts and are subject to considerable uncertainty. Management continuously assesses the risks associated with the cases and disputes, and their likely outcome. It is the opinion of management that, apart from items recognised in the financial statements, the outcome of these cases and disputes are not probable or cannot be reliably estimated in terms of amount or timing. The Group does not expect these to have a material impact on the consolidated financial statements.Tax may crystallise on repatriation of dividends. Through participation in a joint taxation scheme with A.P. M\u00f8ller Holding A/S, the Danish companies are jointly and severally liable for taxes payable, etc., in Denmark.As part of the divestment of M\u00e6rsk Olie & Gas A/S (MOGAS) to Total S.A. in 2018, A.P. M\u00f8ller - M\u00e6rsk A/S has assumed a secondary liability related to the decommissioning of the offshore facilities in Denmark by issuance of a declaration. A.P. M\u00f8ller - M\u00e6rsk A/S assesses the risk of economic outflows because of this secondary liability as very remote.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-160-3": {
"value": "Note 5.3 CommitmentsThe future charter and operating lease payments are:Ocean Logistics Terminals Towage Total& Services& Maritime Lease commitmentsServices2022Within one year 53 41 12 2 108Total 53 41 12 2 1082021Within one year 101 4 13 4 122Total 101 4 13 4 122Ocean Logistics Terminals Towage Total& Services& Maritime Capital commitmentsServices2022Capital commitments relating to the acquisition of non-current assets 3,036 140 414 505 4,095Commitments towards concession grantors - - 930 - 930Total capital commitments 3,036 140 1,344 505 5,0252021Capital commitments relating to the acquisition of non-current assets 1,753 89 183 87 2,112Commitments towards concession grantors 208 - 963 - 1,171Total capital commitments 1,961 89 1,146 87 3,283Short-term and low-value leasesAs part of the Group\u2019s activities, customary agreements are entered into regarding charter and operating leases of ships, containers, port facilities, etc.The increase in capital commitments is primarily related to new vessel contracts entered into during 2022.USD 5.0bn (USD 3.3bn) relates to investments, mainly within the Ocean and Terminals segments.Commitments related to the newbuilding programme for container vessels are USD 2.7bn (USD 1.1bn), USD 389m (USD 0m) for other vessels related to vertical installers, USD 110m (USD 77m) for tugboats and USD 89m (USD 89m) for aircraft.Note 5.3 Commitments \u2013 continuedNewbuilding programme at 31 December 2022 2023 2024 2025 2026 TotalContainer vessels 1 8 10 - 19Aircraft - - 2 - 2Tugboats 21 2 - 23Other vessels - - 1 - 1Total 22 10 13 - 45 Capital commitments relating to the newbuilding programme at 31 December 2022 2023 2024 2025 2026 TotalContainer vessels 414 1,091 1,159 - 2,664Aircraft - - 89 - 89 Tugboats 107 3 - 110Other vessels 22 - 367 - 389Total 543 1,094 1,615 - 3,252",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-158-3": {
"value": "Equity-settled restricted shares and share options awarded to members of the executive board and to employees of A.P. Moller - Maersk as part of A.P. Moller - Maersk\u2019s long-term incentive programme are recognised as remunera-tion expense over the vesting period as per the estimated fair value at the grant date and result in a corresponding adjustment to equity.At the end of each reporting period, A.P. Moller - Maersk revises its estimated number of awards that are expected to vest based on the non-market vesting conditions and service conditions. Any impact of the revision is recog-nised in the income statement with a corresponding adjustment to equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-162-4": {
"value": "Note 5.4 Contingent liabilities Except for customary agreements within the Group\u2019s activities, no material agreements have been entered into that will take effect, change, or expire upon changes of the control over the company.Custom bonds of USD 472m (USD 490m) have been provided to various port authorities in India.Maersk Line and APM Terminals have entered into agreements with terminals and port authorities, etc., containing volume commitments, including an extra payment in case minimum volumes are not met.The Group is involved in several legal cases, tax and other disputes. Some of these involve significant amounts and are subject to considerable uncertainty. Management continuously assesses the risks associated with the cases and disputes, and their likely outcome. It is the opinion of management that, apart from items recognised in the financial statements, the outcome of these cases and disputes are not probable or cannot be reliably estimated in terms of amount or timing. The Group does not expect these to have a material impact on the consolidated financial statements.Tax may crystallise on repatriation of dividends. Through participation in a joint taxation scheme with A.P. M\u00f8ller Holding A/S, the Danish companies are jointly and severally liable for taxes payable, etc., in Denmark.As part of the divestment of M\u00e6rsk Olie & Gas A/S (MOGAS) to Total S.A. in 2018, A.P. M\u00f8ller - M\u00e6rsk A/S has assumed a secondary liability related to the decommissioning of the offshore facilities in Denmark by issuance of a declaration. A.P. M\u00f8ller - M\u00e6rsk A/S assesses the risk of economic outflows because of this secondary liability as very remote.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-166-3": {
"value": "Cash flow from operating activities includes all cash transactions other than cash flows arising from investing and financing activities such as investments and divest-ments, received dividends, principal payments of loans, instalments on lease liabilities, paid and received finan-cial items and equity transactions. Capitalisation of bor-rowing costs is considered as a non-cash item, and the actual payments of these borrowing costs are included in cash flow from financing.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-167-3": {
"value": "Cash and cash equivalents comprise cash and bank balances net of bank overdrafts where overdraft facilities form an integral part of A.P. Moller - Maersk\u2019s cash management.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-172-3": {
"value": " A.P. M\u00f8ller Holding A/S, Copenhagen, Denmark has control over the company and prepares consolidated financial statements.",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"f50357": {
"value": "A.P. M\u00f8ller og Hustru Chastine Mc-Kinney M\u00f8llers Fond til almene Formaal is the ultimate owner.",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-171-2": {
"value": "Note 5.7 Subsequent eventsOn 2 January 2023, the acquisitions of Martin Bencher Group and Grindrod Intermodal Group were closed. Reference is made to note 3.4 Acquisition/sale of subsidiaries and activites. A.P. Moller - Maersk announced a new organisational structure and a new Executive Leadership Team effective from 1 February 2023 following the appointment of Vincent Clerc as CEO of A.P. Moller - Maersk effective from 1 January 2023. On 27 January 2023 it was announced to move towards a singular and unified Maersk brand.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-175-2": {
"value": "SubsidiariesCompany Country of incorporation Owned shareA.P. Moller Singapore Pte. Ltd. Singapore 100%Alian\u00e7a Navega\u00e7\u00e3o e Log\u00edstica Ltda. Brazil 100%APM Terminals Algeciras S.A. Spain 100%APM Terminals Apapa Ltd. Nigeria 94%APM Terminals B.V. Netherlands 100%APM Terminals Barcelona S.L.U. Spain 100%APM Terminals Callao S.A. Peru 64%APM Terminals China Co. Ltd. Hong Kong 100%APM Terminals Elizabeth, LLC United States 100%APM Terminals Espagna Holding SL Spain 100%APM Terminals Gothenburg AB Sweden 100%APM Terminals Lazaro Cardenas S.A. de C.V. Mexico 100%APM Terminals Maasvlakte II B.V. Netherlands 100%APM Terminals Management S.L. Spain 100%APM Terminals Management B.V. Netherlands 100%APM Terminals MedPort Tangier S.A. Morocco 80%APM Terminals Mobile, LLC United States 100%APM Terminals Moin S.A. Costa Rica 100%APM Terminals North America Inc. United States 100%APM Terminals Pacific LLC United States 90%APM Terminals Valencia S.A. Spain 75%Aqaba Container Terminal Company (Pvt) Co. Jordan 50%1 Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG and Hamburg S\u00fcd A/S & Co KG, Hamburg, are in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.SubsidiariesCompany Country of incorporation Owned shareDamco China Ltd. China 100%Damco Denmark A/S Denmark 100%Damco Distribution Canada Inc. Canada 100%Damco Distribution Services Inc. United States 100%Damco Germany GmbH Germany 100%Damco Hong Kong Ltd. Hong Kong 100%Damco India Pvt. Ltd. India 100%Damco Logistics Mexico S.A. de C.V. Mexico 100%Damco Netherlands B.V. Netherlands 100%Damco Poland Sp. z o.o. Poland 100%Damco Spain S.L. Spain 100%Frey P/S Denmark 100%Gateway Terminals India Pvt. Ltd. India 74%Gujarat Pipavav Port Ltd. India 44%1Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG Germany 100%1Hamburg S\u00fcd A/S & Co KG Germany 100%LF Logistics (China) Co., Ltd. China 100%LF Logistics (Hong Kong) Limited Hong Kong 100%LF Logistics Holdings Limited Bermuda 100%LF Logistics Management Limited Hong Kong 100%Maersk A/S Denmark 100%Maersk Agency U.S.A. Inc. United States 100%Maersk Air Cargo A/S Denmark 100%Maersk Container Industry A/S Denmark 100%Maersk Container Industry Qingdao Ltd. China 100%Maersk Denizcilik A.S. Turkey 100%Maersk Global Service Centres (India) Pvt. Ltd. India 100%Maersk Holding B.V. Netherlands 100%Maersk Insurance A/S Denmark 100%Maersk Line Agency Holding A/S Denmark 100%Maersk Line, Limited United States 100%Maersk Logistics & Services Australia Pty Ltd Australia 100%Maersk Logistics & Services International A/S Denmark 100%Maersk Logistics & Services Japan K.K. Japan 100%Maersk Logistics & Services Peru S.A. Peru 100%Maersk Logistics & Services USA Inc United States 100%SubsidiariesCompany Country of incorporation Owned shareMaersk Logistics & Services Vietnam Company Limited Vietnam 100%Maersk Logistics and Services UK LTD United Kingdom 100%Maersk Oil Trading and Investments A/S Denmark 100%Maersk Oil Trading Inc. United States 100%Maersk Oil Trading Panama S.A. Panama 100%Maersk Oil Trading Singapore Pte. Ltd. Singapore 100%Maersk Oil Trading Spain, S.L Spain 100%Maersk Shipping Hong Kong Ltd. Hong Kong 100%Maersk Supply Service A/S Denmark 100%Maersk Supply Service Apoio Maritimo Ltda. Brazil 100%Maersk Supply Service International A/S Denmark 100%Maersk Supply Service UK Ltd. United Kingdom 100%Maersk Warehousing & Distribution Services USA LLC United States 100%Mainstreet 1878 (Pty) Ltd South Africa 100%New Times International Transport Service Co. Ltd. China 100%Pilot Air Freight, LLC United States 100%Pilot Customs Brokerage Services, LLC United States 100%Pilot Truck Brokerage, LLC United States 100%Sealand Europe A/S Denmark 100%Sealand Maersk Asia Pte. Ltd. Singapore 100%Senator International Freight Forwarding LLC Florida United States 100%1Senator International Spedition GmbH Germany 100%2 St. Petri Shipping ApS & Co KGGermany 100%Suez Canal Container Terminal SAE Egypt 55%Svitzer A/S Denmark 100%Svitzer Australia Pty Ltd Australia 100%Svitzer Europe Holding B.V. Netherlands 100%Svitzer Marine Ltd. United Kingdom 100%Terminal 4 S.A. Argentina 100%Visible Supply Chain Management LLC United States 100%1 Senator International Spedition GmbH, Hamburg, is in accordance with paragraph 264 Abs.3 HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.2 St. Petri Shipping ApS & Co KG, Hamburg, is in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-175-3": {
"value": "SubsidiariesCompany Country of incorporation Owned shareA.P. Moller Singapore Pte. Ltd. Singapore 100%Alian\u00e7a Navega\u00e7\u00e3o e Log\u00edstica Ltda. Brazil 100%APM Terminals Algeciras S.A. Spain 100%APM Terminals Apapa Ltd. Nigeria 94%APM Terminals B.V. Netherlands 100%APM Terminals Barcelona S.L.U. Spain 100%APM Terminals Callao S.A. Peru 64%APM Terminals China Co. Ltd. Hong Kong 100%APM Terminals Elizabeth, LLC United States 100%APM Terminals Espagna Holding SL Spain 100%APM Terminals Gothenburg AB Sweden 100%APM Terminals Lazaro Cardenas S.A. de C.V. Mexico 100%APM Terminals Maasvlakte II B.V. Netherlands 100%APM Terminals Management S.L. Spain 100%APM Terminals Management B.V. Netherlands 100%APM Terminals MedPort Tangier S.A. Morocco 80%APM Terminals Mobile, LLC United States 100%APM Terminals Moin S.A. Costa Rica 100%APM Terminals North America Inc. United States 100%APM Terminals Pacific LLC United States 90%APM Terminals Valencia S.A. Spain 75%Aqaba Container Terminal Company (Pvt) Co. Jordan 50%1 Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG and Hamburg S\u00fcd A/S & Co KG, Hamburg, are in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.SubsidiariesCompany Country of incorporation Owned shareDamco China Ltd. China 100%Damco Denmark A/S Denmark 100%Damco Distribution Canada Inc. Canada 100%Damco Distribution Services Inc. United States 100%Damco Germany GmbH Germany 100%Damco Hong Kong Ltd. Hong Kong 100%Damco India Pvt. Ltd. India 100%Damco Logistics Mexico S.A. de C.V. Mexico 100%Damco Netherlands B.V. Netherlands 100%Damco Poland Sp. z o.o. Poland 100%Damco Spain S.L. Spain 100%Frey P/S Denmark 100%Gateway Terminals India Pvt. Ltd. India 74%Gujarat Pipavav Port Ltd. India 44%1Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG Germany 100%1Hamburg S\u00fcd A/S & Co KG Germany 100%LF Logistics (China) Co., Ltd. China 100%LF Logistics (Hong Kong) Limited Hong Kong 100%LF Logistics Holdings Limited Bermuda 100%LF Logistics Management Limited Hong Kong 100%Maersk A/S Denmark 100%Maersk Agency U.S.A. Inc. United States 100%Maersk Air Cargo A/S Denmark 100%Maersk Container Industry A/S Denmark 100%Maersk Container Industry Qingdao Ltd. China 100%Maersk Denizcilik A.S. Turkey 100%Maersk Global Service Centres (India) Pvt. Ltd. India 100%Maersk Holding B.V. Netherlands 100%Maersk Insurance A/S Denmark 100%Maersk Line Agency Holding A/S Denmark 100%Maersk Line, Limited United States 100%Maersk Logistics & Services Australia Pty Ltd Australia 100%Maersk Logistics & Services International A/S Denmark 100%Maersk Logistics & Services Japan K.K. Japan 100%Maersk Logistics & Services Peru S.A. Peru 100%Maersk Logistics & Services USA Inc United States 100%SubsidiariesCompany Country of incorporation Owned shareMaersk Logistics & Services Vietnam Company Limited Vietnam 100%Maersk Logistics and Services UK LTD United Kingdom 100%Maersk Oil Trading and Investments A/S Denmark 100%Maersk Oil Trading Inc. United States 100%Maersk Oil Trading Panama S.A. Panama 100%Maersk Oil Trading Singapore Pte. Ltd. Singapore 100%Maersk Oil Trading Spain, S.L Spain 100%Maersk Shipping Hong Kong Ltd. Hong Kong 100%Maersk Supply Service A/S Denmark 100%Maersk Supply Service Apoio Maritimo Ltda. Brazil 100%Maersk Supply Service International A/S Denmark 100%Maersk Supply Service UK Ltd. United Kingdom 100%Maersk Warehousing & Distribution Services USA LLC United States 100%Mainstreet 1878 (Pty) Ltd South Africa 100%New Times International Transport Service Co. Ltd. China 100%Pilot Air Freight, LLC United States 100%Pilot Customs Brokerage Services, LLC United States 100%Pilot Truck Brokerage, LLC United States 100%Sealand Europe A/S Denmark 100%Sealand Maersk Asia Pte. Ltd. Singapore 100%Senator International Freight Forwarding LLC Florida United States 100%1Senator International Spedition GmbH Germany 100%2 St. Petri Shipping ApS & Co KGGermany 100%Suez Canal Container Terminal SAE Egypt 55%Svitzer A/S Denmark 100%Svitzer Australia Pty Ltd Australia 100%Svitzer Europe Holding B.V. Netherlands 100%Svitzer Marine Ltd. United Kingdom 100%Terminal 4 S.A. Argentina 100%Visible Supply Chain Management LLC United States 100%1 Senator International Spedition GmbH, Hamburg, is in accordance with paragraph 264 Abs.3 HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.2 St. Petri Shipping ApS & Co KG, Hamburg, is in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.Associated companiesCompany Country of incorporation Owned shareAbidjan Terminal SA C\u00f4te d\u2019Ivoire 49%Brigantine Services Ltd. Hong Kong 30%Conakry Terminal S.A. Guinea 25%Congo Terminal SA Congo 15%Guangzhou South China Oceangate Container Terminal Co. Ltd. China 20%H\u00f6egh Autoliners Holdings AS Norway 26%Itapoa Terminais Portuarios S.A. Brazil 30%Kanoo Terminal Services Ltd. Saudi Arabia 50%Meridian Port Services Ltd. Ghana 35%Pelabuhan Tanjung Pelepas Sdn. Bhd. Malaysia 30%Qingdao Qianwan United Container Terminal Co. Ltd. China 10%Salalah Port Services Company SAOG Oman 30%South Asia Gateway Pvt. Ltd. Sri Lanka 33%Tianjin Port Alliance International Container Terminal Co. Ltd. China 20%Joint venturesCompany Country of incorporation Owned shareBlue Dragon Logistics Co. Ltd. China 50%Brasil Terminal Portuario S.A. Brazil 50%Cai Mep International Terminal Co. Ltd. Vietnam 49%Caucedo Marine Service S.A. (DR Branch) Dominican Republic 50%Cote D\u2019Ivoire Terminal SA C\u00f4te d\u2019Ivoire 49%LCB Container Terminal 1 Ltd. Thailand 35%LCMT Company Ltd. Thailand 32%Nakilat Svitzerwijsmuller Company W.L.L. Qatar 30%North Sea Terminal Bremerhaven Gmbh and Co KG Germany 50%Qingdao New Qianwan Container Terminal Co. Ltd. China 19%Qingdao Qianwan Container Terminal Co. Ltd. China 20%Shanghai East Container Terminal Co. Ltd. China 49%Smart International Logistics Company Ltd. China 49%South Florida Container Terminal LLC United States 49%Svitzer Caribbean Dominicana, S.A.S Dominican Republic 50%Xiamen Songyu Container Terminal Co. Ltd. China 25%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCompositionOfGroupExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-175-4": {
"value": "SubsidiariesCompany Country of incorporation Owned shareA.P. Moller Singapore Pte. Ltd. Singapore 100%Alian\u00e7a Navega\u00e7\u00e3o e Log\u00edstica Ltda. Brazil 100%APM Terminals Algeciras S.A. Spain 100%APM Terminals Apapa Ltd. Nigeria 94%APM Terminals B.V. Netherlands 100%APM Terminals Barcelona S.L.U. Spain 100%APM Terminals Callao S.A. Peru 64%APM Terminals China Co. Ltd. Hong Kong 100%APM Terminals Elizabeth, LLC United States 100%APM Terminals Espagna Holding SL Spain 100%APM Terminals Gothenburg AB Sweden 100%APM Terminals Lazaro Cardenas S.A. de C.V. Mexico 100%APM Terminals Maasvlakte II B.V. Netherlands 100%APM Terminals Management S.L. Spain 100%APM Terminals Management B.V. Netherlands 100%APM Terminals MedPort Tangier S.A. Morocco 80%APM Terminals Mobile, LLC United States 100%APM Terminals Moin S.A. Costa Rica 100%APM Terminals North America Inc. United States 100%APM Terminals Pacific LLC United States 90%APM Terminals Valencia S.A. Spain 75%Aqaba Container Terminal Company (Pvt) Co. Jordan 50%1 Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG and Hamburg S\u00fcd A/S & Co KG, Hamburg, are in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.SubsidiariesCompany Country of incorporation Owned shareDamco China Ltd. China 100%Damco Denmark A/S Denmark 100%Damco Distribution Canada Inc. Canada 100%Damco Distribution Services Inc. United States 100%Damco Germany GmbH Germany 100%Damco Hong Kong Ltd. Hong Kong 100%Damco India Pvt. Ltd. India 100%Damco Logistics Mexico S.A. de C.V. Mexico 100%Damco Netherlands B.V. Netherlands 100%Damco Poland Sp. z o.o. Poland 100%Damco Spain S.L. Spain 100%Frey P/S Denmark 100%Gateway Terminals India Pvt. Ltd. India 74%Gujarat Pipavav Port Ltd. India 44%1Hamburg S\u00fcdamerikanische Dampfschifffahrts-Gesellschaft A/S & Co KG Germany 100%1Hamburg S\u00fcd A/S & Co KG Germany 100%LF Logistics (China) Co., Ltd. China 100%LF Logistics (Hong Kong) Limited Hong Kong 100%LF Logistics Holdings Limited Bermuda 100%LF Logistics Management Limited Hong Kong 100%Maersk A/S Denmark 100%Maersk Agency U.S.A. Inc. United States 100%Maersk Air Cargo A/S Denmark 100%Maersk Container Industry A/S Denmark 100%Maersk Container Industry Qingdao Ltd. China 100%Maersk Denizcilik A.S. Turkey 100%Maersk Global Service Centres (India) Pvt. Ltd. India 100%Maersk Holding B.V. Netherlands 100%Maersk Insurance A/S Denmark 100%Maersk Line Agency Holding A/S Denmark 100%Maersk Line, Limited United States 100%Maersk Logistics & Services Australia Pty Ltd Australia 100%Maersk Logistics & Services International A/S Denmark 100%Maersk Logistics & Services Japan K.K. Japan 100%Maersk Logistics & Services Peru S.A. Peru 100%Maersk Logistics & Services USA Inc United States 100%SubsidiariesCompany Country of incorporation Owned shareMaersk Logistics & Services Vietnam Company Limited Vietnam 100%Maersk Logistics and Services UK LTD United Kingdom 100%Maersk Oil Trading and Investments A/S Denmark 100%Maersk Oil Trading Inc. United States 100%Maersk Oil Trading Panama S.A. Panama 100%Maersk Oil Trading Singapore Pte. Ltd. Singapore 100%Maersk Oil Trading Spain, S.L Spain 100%Maersk Shipping Hong Kong Ltd. Hong Kong 100%Maersk Supply Service A/S Denmark 100%Maersk Supply Service Apoio Maritimo Ltda. Brazil 100%Maersk Supply Service International A/S Denmark 100%Maersk Supply Service UK Ltd. United Kingdom 100%Maersk Warehousing & Distribution Services USA LLC United States 100%Mainstreet 1878 (Pty) Ltd South Africa 100%New Times International Transport Service Co. Ltd. China 100%Pilot Air Freight, LLC United States 100%Pilot Customs Brokerage Services, LLC United States 100%Pilot Truck Brokerage, LLC United States 100%Sealand Europe A/S Denmark 100%Sealand Maersk Asia Pte. Ltd. Singapore 100%Senator International Freight Forwarding LLC Florida United States 100%1Senator International Spedition GmbH Germany 100%2 St. Petri Shipping ApS & Co KGGermany 100%Suez Canal Container Terminal SAE Egypt 55%Svitzer A/S Denmark 100%Svitzer Australia Pty Ltd Australia 100%Svitzer Europe Holding B.V. Netherlands 100%Svitzer Marine Ltd. United Kingdom 100%Terminal 4 S.A. Argentina 100%Visible Supply Chain Management LLC United States 100%1 Senator International Spedition GmbH, Hamburg, is in accordance with paragraph 264 Abs.3 HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.2 St. Petri Shipping ApS & Co KG, Hamburg, is in accordance with paragraph 264b HGB (German commercial code) exempt from preparing, auditing and disclosing statutory financial statements as well as a management report in accordance with the German commercial law.Associated companiesCompany Country of incorporation Owned shareAbidjan Terminal SA C\u00f4te d\u2019Ivoire 49%Brigantine Services Ltd. Hong Kong 30%Conakry Terminal S.A. Guinea 25%Congo Terminal SA Congo 15%Guangzhou South China Oceangate Container Terminal Co. Ltd. China 20%H\u00f6egh Autoliners Holdings AS Norway 26%Itapoa Terminais Portuarios S.A. Brazil 30%Kanoo Terminal Services Ltd. Saudi Arabia 50%Meridian Port Services Ltd. Ghana 35%Pelabuhan Tanjung Pelepas Sdn. Bhd. Malaysia 30%Qingdao Qianwan United Container Terminal Co. Ltd. China 10%Salalah Port Services Company SAOG Oman 30%South Asia Gateway Pvt. Ltd. Sri Lanka 33%Tianjin Port Alliance International Container Terminal Co. Ltd. China 20%Joint venturesCompany Country of incorporation Owned shareBlue Dragon Logistics Co. Ltd. China 50%Brasil Terminal Portuario S.A. Brazil 50%Cai Mep International Terminal Co. Ltd. Vietnam 49%Caucedo Marine Service S.A. (DR Branch) Dominican Republic 50%Cote D\u2019Ivoire Terminal SA C\u00f4te d\u2019Ivoire 49%LCB Container Terminal 1 Ltd. Thailand 35%LCMT Company Ltd. Thailand 32%Nakilat Svitzerwijsmuller Company W.L.L. Qatar 30%North Sea Terminal Bremerhaven Gmbh and Co KG Germany 50%Qingdao New Qianwan Container Terminal Co. Ltd. China 19%Qingdao Qianwan Container Terminal Co. Ltd. China 20%Shanghai East Container Terminal Co. Ltd. China 49%Smart International Logistics Company Ltd. China 49%South Florida Container Terminal LLC United States 49%Svitzer Caribbean Dominicana, S.A.S Dominican Republic 50%Xiamen Songyu Container Terminal Co. Ltd. China 25%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestsInOtherEntitiesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-178-4": {
"value": "Associated companiesCompany Country of incorporation Owned shareAbidjan Terminal SA C\u00f4te d\u2019Ivoire 49%Brigantine Services Ltd. Hong Kong 30%Conakry Terminal S.A. Guinea 25%Congo Terminal SA Congo 15%Guangzhou South China Oceangate Container Terminal Co. Ltd. China 20%H\u00f6egh Autoliners Holdings AS Norway 26%Itapoa Terminais Portuarios S.A. Brazil 30%Kanoo Terminal Services Ltd. Saudi Arabia 50%Meridian Port Services Ltd. Ghana 35%Pelabuhan Tanjung Pelepas Sdn. Bhd. Malaysia 30%Qingdao Qianwan United Container Terminal Co. Ltd. China 10%Salalah Port Services Company SAOG Oman 30%South Asia Gateway Pvt. Ltd. Sri Lanka 33%Tianjin Port Alliance International Container Terminal Co. Ltd. China 20%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInAssociatesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-179-4": {
"value": "Joint venturesCompany Country of incorporation Owned shareBlue Dragon Logistics Co. Ltd. China 50%Brasil Terminal Portuario S.A. Brazil 50%Cai Mep International Terminal Co. Ltd. Vietnam 49%Caucedo Marine Service S.A. (DR Branch) Dominican Republic 50%Cote D\u2019Ivoire Terminal SA C\u00f4te d\u2019Ivoire 49%LCB Container Terminal 1 Ltd. Thailand 35%LCMT Company Ltd. Thailand 32%Nakilat Svitzerwijsmuller Company W.L.L. Qatar 30%North Sea Terminal Bremerhaven Gmbh and Co KG Germany 50%Qingdao New Qianwan Container Terminal Co. Ltd. China 19%Qingdao Qianwan Container Terminal Co. Ltd. China 20%Shanghai East Container Terminal Co. Ltd. China 49%Smart International Logistics Company Ltd. China 49%South Florida Container Terminal LLC United States 49%Svitzer Caribbean Dominicana, S.A.S Dominican Republic 50%Xiamen Songyu Container Terminal Co. Ltd. China 25%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfJointVenturesExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
},
"pp-value-180-2": {
"value": "The Board of Directors and the Executive Board have today discussed and approved the Annual Report of A.P. M\u00f8ller - M\u00e6rsk A/S for 2022.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300D2K6PKKKXVNN73",
"period": "2022-01-01T00:00:00/2023-01-01T00:00:00"
}
}
}
}