{
"documentInfo": {
"documentType": "https://xbrl.org/2021/xbrl-json",
"features": {
"xbrl:canonicalValues": true
},
"namespaces": {
"cavotecsa": "http://cavotecsa.com/xbrl/2024",
"ifrs-full": "https://xbrl.ifrs.org/taxonomy/2022-03-24/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"
},
"linkTypes": {
"ftTyp_fact-footnote": "http://www.xbrl.org/2003/arcrole/fact-footnote"
},
"linkGroups": {
"ftGrp_default": "http://www.xbrl.org/2003/role/link"
},
"taxonomy": [
"http://cavotecsa.com/xbrl/2024/549300W82KU6CIGQP689-2024-12-31.xsd"
]
},
"facts": {
"fact-4": {
"value": "174952000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-5": {
"value": "180734000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Revenue",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-6": {
"value": "1336000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-7": {
"value": "2076000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-275": {
"value": "3431000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-276": {
"value": "-1755000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-8": {
"value": "85073000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CostOfMerchandiseSold",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-9": {
"value": "101219000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CostOfMerchandiseSold",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-277": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-278": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-10": {
"value": "53428000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-11": {
"value": "47895000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EmployeeBenefitsExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-279": {
"value": "3431000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-280": {
"value": "-1755000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-12": {
"value": "21109000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-13": {
"value": "19292000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OperatingExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-14": {
"value": "16677000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:GrossOperatingResult",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-15": {
"value": "14404000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:GrossOperatingResult",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-281": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-282": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossAttributableToOwnersOfParent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-16": {
"value": "2462000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-17": {
"value": "2782000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationAndAmortisationExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-283": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-284": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-18": {
"value": "3129000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationRightofuseAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-19": {
"value": "3311000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DepreciationRightofuseAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-20": {
"value": "193000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-21": {
"value": "1084000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-285": {
"value": "0.036",
"decimals": 3,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:AED/xbrli:shares"
}
},
"fact-286": {
"value": "0.002",
"decimals": 3,
"dimensions": {
"concept": "ifrs-full:BasicEarningsLossPerShare",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:AED/xbrli:shares"
}
},
"fact-22": {
"value": "10893000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-23": {
"value": "7227000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossFromOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-287": {
"value": "106696030.0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:WeightedAverageShares",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "xbrli:shares"
}
},
"fact-288": {
"value": "104103112.0",
"decimals": 0,
"dimensions": {
"concept": "ifrs-full:WeightedAverageShares",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "xbrli:shares"
}
},
"fact-24": {
"value": "35000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-25": {
"value": "18000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-26": {
"value": "2605000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-27": {
"value": "3471000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:FinanceCosts",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-28": {
"value": "-113000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-29": {
"value": "-16000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-30": {
"value": "-4000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherFinanceIncomeCost",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-31": {
"value": "5000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherFinanceIncomeCost",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-32": {
"value": "8206000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-33": {
"value": "3763000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLossBeforeTax",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-34": {
"value": "4366000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-35": {
"value": "3583000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxExpenseContinuingOperations",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-36": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-37": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-38": {
"value": "-43000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:RemeasurementsOfPostEmploymentBenefitObligationsDiscontinuedOperations",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-39": {
"value": "-99000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:RemeasurementsOfPostEmploymentBenefitObligationsDiscontinuedOperations",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-40": {
"value": "-43000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-41": {
"value": "-99000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-42": {
"value": "-366000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-43": {
"value": "-1836000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-44": {
"value": "-366000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-45": {
"value": "-1836000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-46": {
"value": "-409000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-47": {
"value": "-1935000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-48": {
"value": "3431000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-49": {
"value": "-1755000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-50": {
"value": "11597000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-51": {
"value": "15056000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-82": {
"value": "128000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentFinancialLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-83": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentFinancialLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-52": {
"value": "26163000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-53": {
"value": "27942000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTradeReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-84": {
"value": "2566000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-85": {
"value": "2527000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLeaseLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-54": {
"value": "830000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentContractAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-55": {
"value": "2862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentContractAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-86": {
"value": "21900000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-87": {
"value": "26004000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-56": {
"value": "2451000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-57": {
"value": "4718000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxAssetsCurrent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-88": {
"value": "17935000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentContractLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-89": {
"value": "19268000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentContractLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-58": {
"value": "9899000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-59": {
"value": "4949000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-90": {
"value": "2320000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-91": {
"value": "5111000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentTaxLiabilitiesCurrent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-60": {
"value": "35555000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-61": {
"value": "37429000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Inventories",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-92": {
"value": "3231000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherShorttermProvisions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-93": {
"value": "2171000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherShorttermProvisions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-62": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-63": {
"value": "1814000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSale",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-94": {
"value": "12857000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-95": {
"value": "11320000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherCurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-64": {
"value": "86495000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-65": {
"value": "94770000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-96": {
"value": "60937000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-97": {
"value": "66401000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-66": {
"value": "5362000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-67": {
"value": "5414000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PropertyPlantAndEquipment",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-98": {
"value": "13601000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-99": {
"value": "21468000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-68": {
"value": "12526000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-69": {
"value": "11529000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RightofuseAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-100": {
"value": "10160000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-101": {
"value": "9167000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLeaseLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-70": {
"value": "35604000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-71": {
"value": "37315000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IntangibleAssetsAndGoodwill",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-102": {
"value": "1442000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-103": {
"value": "1251000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-72": {
"value": "288000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-73": {
"value": "68000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentFinancialAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-104": {
"value": "15000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-105": {
"value": "12000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-74": {
"value": "6663000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-75": {
"value": "6897000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:DeferredTaxAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-106": {
"value": "1321000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-107": {
"value": "1794000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherLongtermProvisions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-76": {
"value": "1311000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-77": {
"value": "1231000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherNoncurrentReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-108": {
"value": "911000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-109": {
"value": "569000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentProvisionsForEmployeeBenefits",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-78": {
"value": "61754000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-79": {
"value": "62454000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-110": {
"value": "27450000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-111": {
"value": "34261000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-80": {
"value": "148249000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-81": {
"value": "157224000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Assets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-112": {
"value": "88387000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-113": {
"value": "100662000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Liabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-114": {
"value": "54130000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-115": {
"value": "54130000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssuedCapital",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-116": {
"value": "54782000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherReserves",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-117": {
"value": "55323000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherReserves",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-118": {
"value": "-49051000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-119": {
"value": "-52891000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:RetainedEarnings",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-120": {
"value": "59862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-121": {
"value": "56562000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAttributableToOwnersOfParent",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-122": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-123": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:NoncontrollingInterests",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-124": {
"value": "59862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-125": {
"value": "56562000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-126": {
"value": "148249000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-127": {
"value": "157224000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EquityAndLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-128": {
"value": "45288000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"fact-129": {
"value": "51633000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-130": {
"value": "-53071000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-131": {
"value": "43850000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-132": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-133": {
"value": "43850000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-134": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-135": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-136": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-137": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-138": {
"value": "-1836000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-139": {
"value": "-1836000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-140": {
"value": "-1836000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-141": {
"value": "-99000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-142": {
"value": "-99000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-143": {
"value": "-99000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-144": {
"value": "-1935000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-145": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-146": {
"value": "-1755000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-147": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-148": {
"value": "-1755000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-149": {
"value": "-58000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
},
"links": {
"ftTyp_fact-footnote": {
"ftGrp_default": [
"fid-d774b5a6-fe3a-4850-980f-1588d1f3d59a"
]
}
}
},
"fact-150": {
"value": "-58000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
},
"links": {
"ftTyp_fact-footnote": {
"ftGrp_default": [
"fid-d774b5a6-fe3a-4850-980f-1588d1f3d59a"
]
}
}
},
"fact-151": {
"value": "-58000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
},
"links": {
"ftTyp_fact-footnote": {
"ftGrp_default": [
"fid-d774b5a6-fe3a-4850-980f-1588d1f3d59a"
]
}
}
},
"fact-152": {
"value": "8843000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"fact-153": {
"value": "8843000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-154": {
"value": "8843000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IssueOfEquity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-155": {
"value": "5683.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-156": {
"value": "5683000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-157": {
"value": "5683000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughExerciseOfOptions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-158": {
"value": "8843000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"fact-159": {
"value": "5625000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-160": {
"value": "14467000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-161": {
"value": "14467000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-162": {
"value": "54130000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"fact-163": {
"value": "55323000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-164": {
"value": "52891000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-165": {
"value": "56562000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-166": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-167": {
"value": "56562000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-168": {
"value": "54130000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"fact-169": {
"value": "55323000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-170": {
"value": "52891000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-171": {
"value": "56562000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-172": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-173": {
"value": "56562000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-174": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-175": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-176": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-177": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-178": {
"value": "-366000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-179": {
"value": "-366000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-180": {
"value": "-366000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-181": {
"value": "-43000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-182": {
"value": "-43000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-183": {
"value": "-43000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-184": {
"value": "-409000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-185": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-186": {
"value": "3431000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-187": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-188": {
"value": "3431000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ComprehensiveIncome",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-189": {
"value": "-131000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-190": {
"value": "-131000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-191": {
"value": "-131000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughSharebasedPaymentTransactions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-192": {
"value": "-131000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-193": {
"value": "-131000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-194": {
"value": "-131000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseThroughTransactionsWithOwners",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-195": {
"value": "54130000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:IssuedCapitalMember",
"unit": "iso4217:EUR"
}
},
"fact-196": {
"value": "54782000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:OtherReservesMember",
"unit": "iso4217:EUR"
}
},
"fact-197": {
"value": "-49051000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:RetainedEarningsMember",
"unit": "iso4217:EUR"
}
},
"fact-198": {
"value": "59862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:EquityAttributableToOwnersOfParentMember",
"unit": "iso4217:EUR"
}
},
"fact-199": {
"value": "-0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"ifrs-full:ComponentsOfEquityAxis": "ifrs-full:NoncontrollingInterestsMember",
"unit": "iso4217:EUR"
}
},
"fact-200": {
"value": "59862000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:Equity",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-201": {
"value": "3840000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-202": {
"value": "180000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-243": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssuingShares",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-244": {
"value": "14526000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:ProceedsFromIssuingShares",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-245": {
"value": "-7898000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:NetChangesLoansAndBorrowings",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-246": {
"value": "-4696000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:NetChangesLoansAndBorrowings",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-203": {
"value": "2570000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForInterestExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-204": {
"value": "3453000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForInterestExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-247": {
"value": "3136000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-248": {
"value": "3156000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-205": {
"value": "4204000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-206": {
"value": "4221000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncomeTaxExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-249": {
"value": "-11034000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-250": {
"value": "6674000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInFinancingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-207": {
"value": "2462000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:AdjustmentsForDepreciationAndAmortisationExcludingDepreciationOfRightsofuse",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-208": {
"value": "2782000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:AdjustmentsForDepreciationAndAmortisationExcludingDepreciationOfRightsofuse",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-209": {
"value": "3129000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:AdjustmentForDepreciationOfRightOfUseOfLeasedAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-210": {
"value": "3311000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:AdjustmentForDepreciationOfRightOfUseOfLeasedAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-211": {
"value": "193000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-212": {
"value": "1084000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-251": {
"value": "904000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-252": {
"value": "911000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-213": {
"value": "163000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDeferredTaxExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-214": {
"value": "-638000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDeferredTaxExpense",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-253": {
"value": "63000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-254": {
"value": "624000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-215": {
"value": "-460000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-216": {
"value": "69000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForProvisions",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-255": {
"value": "-220000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:IncreaseDecreaseOfNonCurrentFinancialAsset",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-256": {
"value": "38000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:IncreaseDecreaseOfNonCurrentFinancialAsset",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-217": {
"value": "14000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-218": {
"value": "-20000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-257": {
"value": "1873000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:DisposalOfAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-258": {
"value": "29000.0",
"decimals": -3,
"dimensions": {
"concept": "cavotecsa:DisposalOfAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-219": {
"value": "-271000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-220": {
"value": "-454000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:OtherAdjustmentsForNoncashItems",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-259": {
"value": "686000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-260": {
"value": "-1468000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInInvestingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-221": {
"value": "2729000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-222": {
"value": "3057000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:InterestPaidClassifiedAsOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-261": {
"value": "15056000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-262": {
"value": "9625000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-223": {
"value": "4730000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-224": {
"value": "529000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncomeTaxesPaidRefundClassifiedAsOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-263": {
"value": "-4122000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-264": {
"value": "7137000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-225": {
"value": "4545000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForReconcileProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-226": {
"value": "10222000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForReconcileProfitLoss",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-265": {
"value": "535000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-266": {
"value": "1706000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-227": {
"value": "8385000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-228": {
"value": "10402000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-267": {
"value": "11469000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-268": {
"value": "15056000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-269": {
"value": "11597000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-270": {
"value": "15056000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-229": {
"value": "-1849000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-230": {
"value": "-5451000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInInventories",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-271": {
"value": "128000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:BankOverdraftsClassifiedAsCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-272": {
"value": "0.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:BankOverdraftsClassifiedAsCashEquivalents",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-231": {
"value": "-4651000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-232": {
"value": "-4381000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-273": {
"value": "11469000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-274": {
"value": "15056000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-233": {
"value": "4934000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInOtherCurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-234": {
"value": "-1306000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForDecreaseIncreaseInOtherCurrentAssets",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-235": {
"value": "5437000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-236": {
"value": "18979000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-237": {
"value": "-1713000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-238": {
"value": "628000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:AdjustmentsForIncreaseDecreaseInOtherCurrentLiabilities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-239": {
"value": "-2158000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-240": {
"value": "-8469000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:IncreaseDecreaseInWorkingCapital",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-241": {
"value": "6226000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-242": {
"value": "1933000.0",
"decimals": -3,
"dimensions": {
"concept": "ifrs-full:CashFlowsFromUsedInOperatingActivities",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2023-01-01T00:00:00/2024-01-01T00:00:00",
"unit": "iso4217:EUR"
}
},
"fact-289": {
"value": " NOTE 1. \u2003General information Cavotec is a leading cleantech company that designs and delivers connection and electrification solutions to enable the decarbonisation of ports and industrial appli- cations worldwide. Backed by 50 years of experience, our systems ensure safe, effi- cient, and sustainable operations for a wide variety of customers and applications worldwide. We thrive by shaping future expectations in the areas we are active in. Our credi- bility comes from our application expertise, dedication to innovation and world class operations. Our success rests on the core values we live by: Integrity, Accountability, Performance and Teamwork. Cavotec\u2019s personnel, located in16 countries around the world, represent many cultures and provide customers with local support, backed by the Group\u2019s global network of engineering expertise. Cavotec SA is the ultimate Parent company of the Cavotec Group, its registered office is Corso Elvezia 16, CH-6900 Lugano , Switzerland. Cavotec SA shares are listed on Nasdaq Stockholm, Sweden. These Financial Statements were approved by the Board of Directors on 27 March 2025. The report is subject to approval by the Annual General Meeting on 3 June 2025. NOTE 2. \u2003Basis of preparation The consolidated Financial Statements of the Cavotec Group are prepared in accordance with IFRS accounting standards as issued by the IASB. HISTORICAL COST CONVENTION These Financial Statements have been prepared under the historical cost conven- tion, as modified by the revaluation of financial assets and financial liabilities at fair value through P&L. ADOPTION OF NEW AND REVISED STANDARDS AND APPLICATION OF NEW ACCOUNTING POLICIES The following standards are effective from 1 January 2024. The adoption of the amendments has had no impact on the Group\u2019s consolidated financial position or performance of the Group as per management analysis performed: \u2022 Amendments to IAS 1 \u2013 Classification of Liabilities as Current or Non-current an d Non-current Liabilities with Covenants \u2022 Amendments to IFRS 16 \u2013 Lease Liability in Sale and Leaseback \u2022 Amendments to IAS 7 and IFRS7 \u2013 Supplier Finance Arrangements Certain new accounting standards, amendments to accounting standards and inte r- pretations have been published that are not mandatory for 31 December 2024 reporting periods and have not been early adopted by the group. These standards, amendments or interpretations are not expected to have a material impact on the entity in the current or future reporting periods and on foreseeable future transac- tions. CRITICAL ACCOUNTING ESTIMATES The preparation of the Financial Statements in conformity with IFRS accounting standards requires the use of certain critical accounting estimates. It also requires the management to exercise its judgement in the process of applying the Group\u2019s accounting policies. The areas involving a higher degree of judgement or complex- ity, or areas where assumptions and estimates are significant to the Financial State- ments, are disclosed in note 4.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-342": {
"value": " NOTE 3. \u2003Summary of material accounting policies The principal accounting policies adopted in the preparation of the Financial State- ments are set out below. These policies have been consistently applied to all the periods presented, namely, 31 December 2024 and 2023. FOREIGN CURRENCY TRANSLATION (i) Functional and presentation currency Items included in the Financial Statements are measured using the currency of the primary economic environment in which the related entity operates (\u201cthe functional currency\u201d). The Financial Statements are presented in Euros, which is the Group\u2019s presentation currency and Company\u2019s functional currency. (ii) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the transla- tion at year end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Profit or Loss, except when recognised in other comprehensive income as qualifying cash flow hedges and qualifying net investment hedges. (iii) Foreign operations The results and financial position of foreign operations (none of which has the cur- rency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: Assets and liabilities for each Balance Sheet presented are translated at the clos- ing rate at the date of that Balance Sheet. Income and expenses for each Income Statement position are translated at aver- age exchange rates of that period, unless this is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions. Resulting exchange differences related to currency translation adjustment are recognised in other comprehensive income and accumulated as a separate compo- nent of equity. The Consolidated Statements of Cash Flow are translated at average exchange rates during the period, whereas cash and cash equivalents are translated at the spot exchange rate at the end of the reporting period. Exchange differences arising from the translation of any net investment in foreign operations and borrowings designated as quasi-equity loans are recognised in other comprehensive income. When a foreign operation is sold or any borrowings forming part of the net investment are repaid, a proportionate share of such exchange differences are recognised in the Statement of Comprehensive Income, as part of the gain or loss on sale where applicable. Goodwill and fair value adjustments arising on the acquisition of a foreign opera- tion are treated as assets and liabilities of the foreign operation and translated at the closing rate.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-3": {
"value": "Cavotec is a leading cleantech company that designs and delivers connection and lectrification solutions to enable the decarbonisation of ports and industrial appli- ations worldwide. Backed by 50 years of experience, our systems ensure safe, effi- ient, and sustainable operations for a wide variety of customers and applications worldwide. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-341": {
"value": "Cavotec",
"dimensions": {
"concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-338": {
"value": "Cavotec",
"dimensions": {
"concept": "ifrs-full:NameOfParentEntity",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-313": {
"value": "The consolidated Financial Statements of the Cavotec Group are prepared in accordance with IFRS accounting standards as issued by the IASB. ",
"dimensions": {
"concept": "ifrs-full:StatementOfIFRSCompliance",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-290": {
"value": "FOREIGN CURRENCY TRANSLATION (i) Functional and presentation currency Items included in the Financial Statements are measured using the currency of the primary economic environment in which the related entity operates (\u201cthe functional currency\u201d). The Financial Statements are presented in Euros, which is the Group\u2019s presentation currency and Company\u2019s functional currency. (ii) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting from the settlement of such transactions and from the transla- tion at year end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the Statement of Profit or Loss, except when recognised in other comprehensive income as qualifying cash flow hedges and qualifying net investment hedges. (iii) Foreign operations The results and financial position of foreign operations (none of which has the cur- rency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: Assets and liabilities for each Balance Sheet presented are translated at the clos- ing rate at the date of that Balance Sheet. Income and expenses for each Income Statement position are translated at aver- age exchange rates of that period, unless this is not a reasonable approximation of the cumulative effect of the rates prevailing on the transaction dates, in which case income and expenses are translated at the dates of the transactions. Resulting exchange differences related to currency translation adjustment are recognised in other comprehensive income and accumulated as a separate compo- nent of equity. The Consolidated Statements of Cash Flow are translated at average exchange rates during the period, whereas cash and cash equivalents are translated at the spot exchange rate at the end of the reporting period. Exchange differences arising from the translation of any net investment in foreign operations and borrowings designated as quasi-equity loans are recognised in other comprehensive income. When a foreign operation is sold or any borrowings forming part of the net investment are repaid, a proportionate share of such exchange differences are recognised in the Statement of Comprehensive Income, as part of the gain or loss on sale where applicable. Goodwill and fair value adjustments arising on the acquisition of a foreign opera- tion are treated as assets and liabilities of the foreign operation and translated at the closing rate.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-312": {
"value": "i) Functional and presentation currency tems included in the Financial Statements are measured using the currency of the primary economic environment in which the related entity operates (\u201cthe functional currency\u201d). The Financial Statements are presented in Euros, which is the Group\u2019s presentation currency and Company\u2019s functional currency. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFunctionalCurrencyExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-311": {
"value": "ADOPTION OF NEW AND REVISED STANDARDS AND APPLICATION OF NEW ACCOUNTING POLICIES The following standards are effective from 1 January 2024. The adoption of the amendments has had no impact on the Group\u2019s consolidated financial position or performance of the Group as per management analysis performed: \u2022 Amendments to IAS 1 \u2013 Classification of Liabilities as Current or Non-current an Non-current Liabilities with Covenants \u2022 Amendments to IFRS 16 \u2013 Lease Liability in Sale and Leaseback \u2022 Amendments to IAS 7 and IFRS7 \u2013 Supplier Finance Arrangements Certain new accounting standards, amendments to accounting standards and inte pretations have been published that are not mandatory for 31 December 2024 reporting periods and have not been early adopted by the group. These standards, amendments or interpretations are not expected to have a material impact on the entity in the current or future reporting periods and on foreseeable future transac- tions. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-1": {
"value": "Cavotec SA",
"dimensions": {
"concept": "ifrs-full:NameOfUltimateParentOfGroup",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-339": {
"value": "SA ",
"dimensions": {
"concept": "ifrs-full:LegalFormOfEntity",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-337": {
"value": "Corso Elvezia 16, CH-6900 Lugano ",
"dimensions": {
"concept": "ifrs-full:PrincipalPlaceOfBusiness",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-2": {
"value": "ezia 16, CH-6900 Lugano , Switzerland. Cavotec ",
"dimensions": {
"concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-336": {
"value": "Switzerland",
"dimensions": {
"concept": "ifrs-full:DomicileOfEntity",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-340": {
"value": "Switzerland",
"dimensions": {
"concept": "ifrs-full:CountryOfIncorporation",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-310": {
"value": "These Financial Statements were approved by the Board of Directors on 27 March 2025. The report is subject to approval by the Annual General Meeting on 3 June 2025.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-314": {
"value": "CRITICAL ACCOUNTING ESTIMATES The preparation of the Financial Statements in conformity with IFRS accounting standards requires the use of certain critical accounting estimates. It also requires the management to exercise its judgement in the process of applying the Group\u2019s accounting policies. The areas involving a higher degree of judgement or complex- ity, or areas where assumptions and estimates are significant to the Financial State- ments, are disclosed in note 4. NOTE 4. \u2003 Critical accounting estimates and judgments Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Group makes estimates and assumptions concerning the future. The result- ing accounting estimates will seldom equal the related actual results. Critical accounting policies estimates and assumptions in the period relate to the valuation of deferred tax assets, the estimation of the outcome of legal proceeding, assets held for sale, and the assumptions used in the goodwill impairment test. As of the Balance Sheet dates the Group has no other significant estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the foreseeable future. DEFERRED TAXES Deferred tax assets are recognised for temporary differences between the carrying amounts for financial reporting purposes of assets and liabilities and the amounts used for taxation purposes and for tax loss carry-forwards. The Group records deferred tax assets based upon management\u2019s estimates of future taxable profit in different tax jurisdictions. The estimations of the recoverability of deferred tax assets on losses carried forward are based on business plans and include the taxa- ble profits that are more probable than not until the expire of tax losses, this results in lower estimates for years in the distant future. The actual results may differ from these estimates, due to changes in the business climate and changes in tax legisla- tion or by variances from the business plans used on the models. See notes 19 and 25 for additional information. LEGAL PROCEEDINGS The Group recognises a liability when it has an obligation from a past event involving the transfer of economic benefits and when a reasonable estimate can be made of what the transfer might be. The Group reviews outstanding legal cases regularly to assess the need for provisions in the Financial Statements. These reviews consider the factors of the specific case through the use of outside legal counsel and advi- sors when necessary. To the extent that management\u2019s assessment of the factors considered are not reflected in subsequent developments, the Financial Statements could be affected. GOODWILL IMPAIRMENT TEST The Group allocates the goodwill to the cash-generating units (CGUs) identified and reported according to the table below. Net book value as of Translation Acquisitions Net book value as of EUR 000s 1 January 2024 differ ences and other and dispositions Impairment 31 December 2024 Ports & Maritime 23,212 -92 \u2013 \u2013 23,120 Industry 6,919 -8 \u2013 \u2013 6,911 Total 30,131 -100 \u2013 \u2013 30,031 The recoverable amount of the CGUs is determined by reference to the value in use of each CGU, based on discounted estimates of the future cash flows, which were projected for the next five years based on past experiences, actual orders received, budgets, strategic plan, and management\u2019s best estimate about future developments and market assumptions. The impairment model has been prepared based on the Strategic Plan to focus on cleantech solutions. The value in use is mainly driven by the terminal value, which is influenced by the terminal growth rate and discount rate. The growth rates are related to industry specific trends with the support of external macroeconomic sources of data and an assessment as to the ability of the Com- pany to take advantage of these market developments considering orders received, commercial negotiations currently in place and future expectations. The following table presents the assumptions used to determine the value in use for impairment test purposes: Terminal growth rate WACC 2024 2023 2024 2023 Ports & Maritime 2.00% 2.00% 12.6% 12.3% Industry 1.50% 1.50% 12.0% 11.7% The pre-tax weighted average cost of capital used for impairment test purposes are slightly different in the CGUs because of the different risks in those markets. Ports & Maritime goodwill As at the date of the impairment test, no impairment of goodwill resulted. The recov- erable amount exceeded the net carrying amount by EUR 44.2 million. In the prior year, the difference amounted to EUR 38.6 million. The following changes in material assumptions would lead to a situation where the value in use would equate to the net carrying amount. 2024 2023 Assumptions Sensitivity Assumptions Sensitivity Average annual revenue growth until 2029 (2028) with gross margin unchanged compared to business plan 8.2% -0.5% 6.5% -3.7% Normalised gross margin 33.1% 29.9% 32.2% 30.1% WACC pre-tax 12.6% 18.6% 12.3% 17.1% Industry goodwill The impairment tests for goodwill did not lead to any need for impairment in the current financial year. The recoverable amount exceeded the net carrying amount by EUR 40.7 million. In the prior year, the difference amounted to EUR 32.0 million. The following changes in material assumptions would lead to a situation where the value in use would equate to the net carrying amount. 2024 2023 Assumptions Sensitivity Assumptions Sensitivity Average annual revenue growth until 2029 (2028) with gross margin unchanged compared to business plan 8.7% 4.9% 8.7% 5.6% Normalised gross margin 33.7% 29.0% 30.6% 27.4% WACC pre-tax 12.0% 22.0% 11.7% 20.8%",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-318": {
"value": "CONSOLIDATION (i) Subsidiaries Subsidiaries are all entities over which the group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and could affect those returns through its power over th entity. Subsidiaries are consolidated from the date on which control is transferred to the Group. They are de-consolidated from the date that control ceases. The Group uses the acquisition method to account for business combinations. The consideration transferred for the acquisition of a subsidiary is the fair value of the assets transferred, the liabilities incurred, and the equity interests issued by the Group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Contingent consideration i valued based on the probability that the consideration will be paid and changes in the fair value are recognised in profit or loss. Acquisition-related costs are expensed Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. The excess of the cost of acquisition over the fair value of the identifiable net assets acquired is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the subsidiary acquired, the difference is recognised directly in the Statement of Comprehensive Income. Inter-company transactions, balances, and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated but are considered an impairment indicator of the asset transferred. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-291": {
"value": "Name Registered office Type of business Controlled through Direct Indirect Cavotec (Swiss) SA Switzerland Services Cavotec SA 100% Cavotec Australia Pty Ltd Australia Sales company Cavotec Group Holdings NV 100% Cavotec Cleantech Malaysia SDN. BHD. Malaysia Sales company Cavotec (Swiss) SA 100% Cavotec Germany GmbH Germany Centre of Excellence Cavotec Group Holdings NV 100% Cavotec Finland OY Finland Sales company Cavotec Group Holdings NV 100% Cavotec France RMS SA France Sales company Cavotec Group Holdings NV 100% Cavotec Group Holdings NV The Netherlands Holding Cavotec MoorMaster Ltd 100% Cavotec Hong Kong Ltd China Sales company Cavotec Group Holdings NV 100% Cavotec India Ltd India Sales company Cavotec Group Holdings NV 100% Cavotec International Ltd United Kingdom Services/Sales company Cavotec Group Holdings NV 100% Cavotec Micro-control AS Norway Centre of Excellence Cavotec Group Holdings NV 100% Cavotec FZE U.A.E. Sales company Cavotec Group Holdings NV 100% Cavotec MoorMaster Ltd New Zealand Engineering Cavotec SA 100% Cavotec Nederland BV The Netherlands Sales company Cavotec Group Holdings NV 100% Cavotec Realty Germany BV The Netherlands Services Ipalco BV 100% Cavotec Realty Norway AS Norway Services Ipalco BV 100% Cavotec SA Switzerland Holding - \u2013 Cavotec Shanghai Ltd China Centre of Excellence Cavotec Group Holdings NV 100% Cavotec Singapore Pte Ltd Singapore Sales company Cavotec Group Holdings NV 100% Cavotec Specimas SpA Italy Centre of Excellence Cavotec Group Holdings NV 100% Cavotec Sverige AB Sweden Sales company Cavotec Group Holdings NV 100% Cavotec USA Inc. United States of America Sales company Cavotec SA 100% Ipalco BV The Netherlands Holding/Services Cavotec Group Holdings NV 100% During FY2024 the following changes to the Group Structure applied: \u2022 Cavotec Russia OOO (in liquidation) has been liquidated CONSOLIDATION (i) Subsidiaries Subsidiaries are all entities over which the group has control. The Group controls an entity when the Group is exposed to, or has rights to, variable returns from its involvement with the entity and could affect those returns through its power over th e entity. Subsidiaries are consolidated from the date on which control is transferred to the Group. They are de-consolidated from the date that control ceases. The Group uses the acquisition method to account for business combinations. The consideration transferred for the acquisition of a subsidiary is the fair value of the assets transferred, the liabilities incurred, and the equity interests issued by the Group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Contingent consideration i s valued based on the probability that the consideration will be paid and changes in the fair value are recognised in profit or loss. Acquisition-related costs are expensed . Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. The excess of the cost of acquisition over the fair value of the identifiable net assets acquired is recorded as goodwill. If the cost of acquisition is less than the fair value of the net assets of the subsidiary acquired, the difference is recognised directly in the Statement of Comprehensive Income. Inter-company transactions, balances, and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated but are considered an impairment indicator of the asset transferred. (ii) Transactions with non-controlling interest The group treats transactions with non-controlling interests that do not result in a loss of control as transactions with equity owners of the Group. A change in owner- ship interest results in an adjustment between the carrying amounts of the con- trolling and non-controlling interests to reflect their relative interests in the subsidi- ary. Any difference between the amount of the adjustment to non-controlling inter- ests and any consideration paid or received is recognised in a separate reserve within equity attributable to owners. (iii) Scope of consolidation The consolidated Financial Statements include the statements as of 31 December 2024 of the companies included in the scope of consolidation, which have been pre- pared in accordance with IFRS accounting standards adopted by the Group. Below is a list of companies consolidated on a line-by-line basis and the respective shares held either directly or indirectly by Cavotec SA:",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-315": {
"value": "(ii) Transactions with non-controlling interest The group treats transactions with non-controlling interests that do not result in a loss of control as transactions with equity owners of the Group. A change in owner- ship interest results in an adjustment between the carrying amounts of the con- trolling and non-controlling interests to reflect their relative interests in the subsidi- ary. Any difference between the amount of the adjustment to non-controlling inter- ests and any consideration paid or received is recognised in a separate reserve within equity attributable to owners. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-316": {
"value": "During FY2024 the following changes to the Group Structure applied: \u2022 Cavotec Russia OOO (in liquidation) has been liquidated Name Registered office Type of business Controlled through Direct Indirect Cavotec (Swiss) SA Switzerland Services Cavotec SA 100% Cavotec Australia Pty Ltd Australia Sales company Cavotec Group Holdings NV 100% Cavotec Cleantech Malaysia SDN. BHD. Malaysia Sales company Cavotec (Swiss) SA 100% Cavotec Germany GmbH Germany Centre of Excellence Cavotec Group Holdings NV 100% Cavotec Finland OY Finland Sales company Cavotec Group Holdings NV 100% Cavotec France RMS SA France Sales company Cavotec Group Holdings NV 100% Cavotec Group Holdings NV The Netherlands Holding Cavotec MoorMaster Ltd 100% Cavotec Hong Kong Ltd China Sales company Cavotec Group Holdings NV 100% Cavotec India Ltd India Sales company Cavotec Group Holdings NV 100% Cavotec International Ltd United Kingdom Services/Sales company Cavotec Group Holdings NV 100% Cavotec Micro-control AS Norway Centre of Excellence Cavotec Group Holdings NV 100% Cavotec FZE U.A.E. Sales company Cavotec Group Holdings NV 100% Cavotec MoorMaster Ltd New Zealand Engineering Cavotec SA 100% Cavotec Nederland BV The Netherlands Sales company Cavotec Group Holdings NV 100% Cavotec Realty Germany BV The Netherlands Services Ipalco BV 100% Cavotec Realty Norway AS Norway Services Ipalco BV 100% Cavotec SA Switzerland Holding - \u2013 Cavotec Shanghai Ltd China Centre of Excellence Cavotec Group Holdings NV 100% Cavotec Singapore Pte Ltd Singapore Sales company Cavotec Group Holdings NV 100% Cavotec Specimas SpA Italy Centre of Excellence Cavotec Group Holdings NV 100% Cavotec Sverige AB Sweden Sales company Cavotec Group Holdings NV 100% Cavotec USA Inc. United States of America Sales company Cavotec SA 100% Ipalco BV The Netherlands Holding/Services Cavotec Group Holdings NV 100% (iii) Scope of consolidation The consolidated Financial Statements include the statements as of 31 December 2024 of the companies included in the scope of consolidation, which have been pre- pared in accordance with IFRS accounting standards adopted by the Group. Below is a list of companies consolidated on a line-by-line basis and the respective shares held either directly or indirectly by Cavotec SA:",
"dimensions": {
"concept": "ifrs-full:DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-294": {
"value": "PROPERTY, PLANT AND EQUIPMENT All property, plant and equipment is stated at historical cost less depreciation and impairment. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset\u2019s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic bene- fits associated with the item will flow to the Group and the cost of the item can be measured reliably. All other repairs and maintenance are charged to the Statement of Comprehensive Income during the financial period in which they are incurred. The classes of property plant and equipment are land and buildings, plant and equip- ment and fixtures and fittings. Land is not depreciated. Depreciation of property, plant and equipment is calcu- lated using a straight-line method so as to expense the cost of the assets over their useful lives. The rates are as follows: Years Industrial buildings 25 Building improvements 5 Plant and machinery 5 to 10 Laboratory equipment and miscellaneous tools 5 Furniture and office machines 5 Motor vehicles 5 Computer hardware 3 Capital work in progress is not depreciated until commissioned. An asset\u2019s carrying amount is written down immediately to its recoverable amount if the asset\u2019s carrying amount is greater than its estimated recoverable amount. Gains and losses on dis- posals are determined by comparing proceeds with carrying amount. These are included in the Statement of Profit or Loss. Leasehold improvements are depreciated over the lease term, or their estimated useful life, if shorter.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-292": {
"value": "SEGMENT REPORTING Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision-maker. The chief operating decision-maker (CODM), who is responsible for allocating resources and assessing performance of the operating segments, has been identified as the Board of Directors.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-293": {
"value": "NON-CURRENT ASSETS HELD FOR SALE Non-current assets are classified as held for sale if their carrying amounts will be recovered principally through a sales transaction rather than through continuing use. For this to be the case, the asset must be available for immediate sale in its pres- ent condition subject only to terms that are usual and customary for the sale of such assets and its sale must be highly probable. Non-current assets classified as held for sale are measured at the lower of their carrying amounts and fair values less costs to sell. Property, plant and equipment and intangible assets classified as held for sale are not depreciated or amortised.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-317": {
"value": "Land is not depreciated. Depreciation of property, plant and equipment is calcu- lated using a straight-line method so as to expense the cost of the assets over their useful lives. The rates are as follows: Years Industrial buildings 25 Building improvements 5 Plant and machinery 5 to 10 Laboratory equipment and miscellaneous tools 5 Furniture and office machines 5 Motor vehicles 5 Computer hardware 3 Capital work in progress is not depreciated until commissioned. An asset\u2019s carrying amount is written down immediately to its recoverable amount if the asset\u2019s carrying amount is greater than its estimated recoverable amount. Gains and losses on dis- posals are determined by comparing proceeds with carrying amount. These are included in the Statement of Profit or Loss. Leasehold improvements are depreciated over the lease term, or their estimated useful life, if shorter.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-295": {
"value": "Payments associated with short-term leases of equipment and vehicles and all leases of low-value assets are recognised on a straight-line basis as an expense in profit or loss. Short-term leases are leases with a lease term of 12 months or less. Low-value assets comprise IT equipment and small items of office furniture. LEASES Assets and liabilities arising from a lease are initially measured on a present value basis. Lease liabilities include the net present value of the following lease payments: fixed payments (including in-substance fixed payments), less any lease incen- tives receivable variable lease payment that are based on an index or a rate, initially measured using the index or rate as at the commencement date amounts expected to be payable by the group under residual value guarantees the exercise price of a purchase option if the group is reasonably certain to exer- cise that option, and payments of penalties for terminating the lease, if the lease term reflects the group exercising that option. ease payments to be made under reasonably certain extension options are also ncluded in the measurement of the liability. The lease payments are discounted using the interest rate implicit in the lease. If hat rate cannot be readily determined, which is generally the case for leases in the group, the lessee\u2019s incremental borrowing rate is used, being the rate that the indi- idual lessee would have to pay to borrow the funds necessary to obtain an asset of imilar value to the right-of-use asset in a similar economic environment with similar erms, security, and conditions. Right-of-use assets are measured at cost comprising the following: the amount of the initial measurement of lease liability any lease payments made at or before the commencement date less any lease incentives received any initial direct costs, and restoration costs. Right-of-use assets are generally depreciated over the shorter of the asset\u2019s useful ife and the lease term on a straight-line basis. If the group is reasonably certain to xercise a purchase option, the right-of-use asset is depreciated over the underlying sset\u2019s useful life.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-296": {
"value": "INTANGIBLE ASSETS (i) Goodwill Goodwill represents the excess of the cost of an acquisition over the fair value of the net identifiable assets of the acquired business/associate at the date of acquisition. Goodwill on acquisitions of businesses is included in intangible assets. Goodwill is not amortised. Instead, goodwill impairment reviews are undertaken annually or more frequently if events or changes in circumstances indicate a poten- tial impairment. The carrying value of goodwill is compared to the recoverable amount, which is the higher of value in use and the fair value less costs of disposal. Any impairment is recognised immediately as an expense and is not subsequently reversed. Gains and losses on the disposal of an entity include the carrying amount of goodwill relating to the entity sold. For the purpose of impairment testing, goodwill acquired in a business combina- tion is allocated to each of the CGUs, or groups of CGUs, that is expected to benefit from the synergies of the combination. Each unit or group of units to which the goodwill is allocated represents the lowest level within the entity at which the good- will is monitored for internal management purposes.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-331": {
"value": "IMPAIRMENT OF NON-FINANCIAL ASSETS Assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Intangible assets that have an indefinite useful life including goodwill, are not subject to amortisation and are tested annually for impairment irrespective of whether any circumstances iden- tifying a possible impairment have been identified. An impairment loss is recognised for the amount by which the asset\u2019s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset\u2019s fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash gen- erating units).",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-319": {
"value": "i) Goodwill Goodwill represents the excess of the cost of an acquisition over the fair value of the et identifiable assets of the acquired business/associate at the date of acquisition. Goodwill on acquisitions of businesses is included in intangible assets. Goodwill is not amortised. Instead, goodwill impairment reviews are undertaken nnually or more frequently if events or changes in circumstances indicate a poten- ial impairment. The carrying value of goodwill is compared to the recoverable mount, which is the higher of value in use and the fair value less costs of disposal. Any impairment is recognised immediately as an expense and is not subsequently eversed. Gains and losses on the disposal of an entity include the carrying amount f goodwill relating to the entity sold. For the purpose of impairment testing, goodwill acquired in a business combina- ion is allocated to each of the CGUs, or groups of CGUs, that is expected to benefit rom the synergies of the combination. Each unit or group of units to which the oodwill is allocated represents the lowest level within the entity at which the good- will is monitored for internal management purposes.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-298": {
"value": "FINANCIAL INSTRUMENTS Classification and measurement of financial assets and financial liabilities IFRS 9 contains three principal classification categories for financial assets: meas- ured at amortised cost, FVOCI and FVTPL. The classification of financial assets under IFRS 9 is generally based on the business model in which a financial asset is managed and its contractual cash flow characteristics. Financial assets Initial recognition and measurement Financial assets are classified, at initial recognition, as subsequently measured at amortised cost, fair value through other comprehensive income (OCI), and fair value through profit or loss. The classification of financial assets at initial recognition depends on the financial asset\u2019s contractual cash flow characteristics and the Group\u2019s business model for managing them. Trade receivables that do not contain a significant financing com- ponent or for which the Group has applied the practical expedient are measured at the transaction price determined under IFRS 15. For a financial asset to be classified and measured at amortised cost or fair value through OCI, it needs to give rise to cash flows that are \u2018solely payments of principal and interest (SPPI)\u2019 on the principal amount outstanding. This assessment is referred to as the SPPI test and is performed at an instrument level. The Group\u2019s business model for managing financial assets refers to how it man- ages its financial assets to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Purchases or sales of financial assets that require delivery of assets within a time frame established by regulation or convention in the marketplace (regular way trades) are recognised on the trade date, i.e., the date that the Group commits to pur- chase or sell the asset. Financial assets at amortised cost (debt instruments) This category is the most relevant to the Group. The Group classifies its financial assets as at amortised cost only if both of the following criteria are met: \u2022 the asset is held within a business model whose objective is to collect the con- tractual cash flows, and \u2022 the contractual terms give rise to cash flows that are solely payments of principal and interest Financial assets at amortised cost are subsequently measured using the effective interest (EIR) method and are subject to impairment. Gains and losses are recog- nised in profit or loss when the asset is derecognised, modified, or impaired. The Group\u2019s financial assets at amortised cost includes trade receivables, con- tract assets under IFRS 15, other receivables and cash and cash equivalents. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognised (i.e., removed from the Group\u2019s consolidated statement of financial position) when: \u2022 The rights to receive cash flows from the asset have expired, or \u2022 The Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material dela y to a third party; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset Impairment of financial assets Further disclosures relating to impairment of financial assets are also provided in th e Risk Management on page 70. ECLs are recognised in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12-months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is require d for credit losses expected over the remaining life of the exposure, irrespective of th e timing of the default (a lifetime ECL). For trade receivables and contract assets, the Group applies a simplified approach in calculating ECLs. Therefore, the Group does not track changes in credi t risk, but instead recognises a loss allowance based on lifetime ECLs at each report- ing date. The Group has established a provision matrix that is based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors and the economic environment. The group considers the credit risk of financial assets to be significantly increased (stage 3) when contractual payments are 90 days overdue. The group assesses those assets on an individual basis. A financial asset is written off when there is no reasonable expectation of recovering the contractual cash flows. Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss as loans and borrowings and payables. All financial liabili- ties are recognised initially at fair value and, net of directly attributable transaction costs. The Group\u2019s financial liabilities include trade and other payables, loans and borrowings including bank overdrafts. The Group has not designated any financial liability as at fair value through profit or loss. Loans and borrowings This is the category most relevant to the Group. After initial recognition, interest- bearing loans and borrowings are subsequently measured at amortised cost using the EIR method. Gains and losses are recognised in profit or loss when the liabilities are derecognised as well as through the EIR amortisation process. Amortised cost is calculated by considering any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of profit or loss. Following a modification or renegotiation that does not result in de-recognition, the Group recognise any modification gain or loss immediately in profit or loss. Any gain or loss is determined by recalculating the gross carrying amount of the financia l asset by discounting the new contractual cash flows using the original effective interest rate. This category generally applies to interest-bearing loans and borrowings. For more information, refer to Note 21. Derecognition A financial liability is derecognised when the obligation under the liability is dis- charged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognised in the state- ment of profit or loss. NOTE 18. \u2003Non-current financial assets EUR 000s 31 Dec. 2024 31 Dec. 2023 Financial receivables 288 68 Total 288 68 NOTE 21. \u2003Non Current Financial Liabilities EUR 000s 31 Dec, 2024 31 Dec,2023 Credit facility non-current portion (14,000) (22,000) Unamortised issuance costs 399 532 Total (13,601) (21,468) In June 2020, Cavotec secured long-term financing by signing a five years agree- ment with Credit Suisse and others, (which has been extended up to 2027) to pro- vide a EUR 40 million single currency term and multicurrency revolving credit facility. Syndication costs and upfront fees of EUR 1.437 million were paid during 2020 and are amortised over the extended duration of the facility. EUR 000s 31 Dec,2024 31 Dec,2023 Bank overdrafts 3.27% \u2013 Long term debt 5.09% 9.47% Interest bearing liabilities 5.08% 9.47% The average cost of the interest bearing liabilities for 2024 was lower compared to the previous year mainly due to the lower interest margin driven by the improved result of the Group, and the decrease of the interbank interest rates utilised as base rates for the long term debt interest calculation.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-320": {
"value": "(ii) Research and development Research expenditure is recognised as an expense as incurred. Costs incurred on development projects (relating to the design and testing of new or improved prod- ucts) are recognised as intangible assets when it is probable that the project will be success considering its commercial and technical feasibility and its costs can be measured reliably. It must also be probable that the intangible asset will generate future economic benefits and that it is clearly identifiable and allocable to a specific product. The expenditure capitalised comprises all directly attributable costs, including costs of materials, services, direct labour, and an appropriate proportion of over- heads. Other development expenditures that do not meet these criteria are recog- nised as an expense as incurred. Development costs previously recognised as an expense are not recognised as an asset in a subsequent period. Capitalised devel- opment costs are recorded as intangible assets at cost and amortised from the point at which the asset is ready for use on a straight-line basis over its useful life, which varies from three to five years. (iii) Patents Patents acquired in a business combination are recognised at fair value at acquisi- tion date. Patents are amortised on a straight-line basis over the period over which they are valid (not exceeding 20 years) or their estimated useful life if shorter.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-330": {
"value": "(ii) Research and development Research expenditure is recognised as an expense as incurred. Costs incurred on development projects (relating to the design and testing of new or improved prod- ucts) are recognised as intangible assets when it is probable that the project will be a success considering its commercial and technical feasibility and its costs can be measured reliably. It must also be probable that the intangible asset will generate future economic benefits and that it is clearly identifiable and allocable to a specific product. The expenditure capitalised comprises all directly attributable costs, including costs of materials, services, direct labour, and an appropriate proportion of over- heads. Other development expenditures that do not meet these criteria are recog- nised as an expense as incurred. Development costs previously recognised as an expense are not recognised as an asset in a subsequent period. Capitalised devel- opment costs are recorded as intangible assets at cost and amortised from the point at which the asset is ready for use on a straight-line basis over its useful life, which varies from three to five years. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-321": {
"value": "inancial assets nitial recognition and measurement inancial assets are classified, at initial recognition, as subsequently measured at mortised cost, fair value through other comprehensive income (OCI), and fair value hrough profit or loss. The classification of financial assets at initial recognition depends on the financial sset\u2019s contractual cash flow characteristics and the Group\u2019s business model for managing them. Trade receivables that do not contain a significant financing com- onent or for which the Group has applied the practical expedient are measured at he transaction price determined under IFRS 15. For a financial asset to be classified and measured at amortised cost or fair value hrough OCI, it needs to give rise to cash flows that are \u2018solely payments of principal nd interest (SPPI)\u2019 on the principal amount outstanding. This assessment is referred o as the SPPI test and is performed at an instrument level. The Group\u2019s business model for managing financial assets refers to how it man- ges its financial assets to generate cash flows. The business model determines hether cash flows will result from collecting contractual cash flows, selling the inancial assets, or both. Purchases or sales of financial assets that require delivery of assets within a time rame established by regulation or convention in the marketplace (regular way rades) are recognised on the trade date, i.e., the date that the Group commits to pur- hase or sell the asset. inancial assets at amortised cost (debt instruments) his category is the most relevant to the Group. The Group classifies its financial ssets as at amortised cost only if both of the following criteria are met: the asset is held within a business model whose objective is to collect the con- tractual cash flows, and the contractual terms give rise to cash flows that are solely payments of principal and interest Financial assets at amortised cost are subsequently measured using the effective interest (EIR) method and are subject to impairment. Gains and losses are recog- nised in profit or loss when the asset is derecognised, modified, or impaired. The Group\u2019s financial assets at amortised cost includes trade receivables, con- tract assets under IFRS 15, other receivables and cash and cash equivalents. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognised (i.e., removed from the Group\u2019s consolidated statement of financial position) when: \u2022 The rights to receive cash flows from the asset have expired, or \u2022 The Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material dela to a third party; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset Impairment of financial assets Further disclosures relating to impairment of financial assets are also provided in th Risk Management on page 70. ECLs are recognised in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12-months (a 12-month ECL). For those credit exposures for which there has been significant increase in credit risk since initial recognition, a loss allowance is require for credit losses expected over the remaining life of the exposure, irrespective of th timing of the default (a lifetime ECL). For trade receivables and contract assets, the Group applies a simplified approach in calculating ECLs. Therefore, the Group does not track changes in credi risk, but instead recognises a loss allowance based on lifetime ECLs at each report- ing date. The Group has established a provision matrix that is based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors and the economic environment. The group considers the credit risk of financial assets to be significantly increased (stage 3) when contractual payments are 90 days overdue. The group assesses those assets on an individual basis. A financial asset is written off when there is no reasonable expectation of recovering the contractual cash flows. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-297": {
"value": "INVENTORIES Inventories are measured at the lower of acquisition cost, at weighted average cost or manufacturing cost and net realisable value. Manufacturing costs comprise all costs that are directly attributable to the manufacturing process, such as direct material and labour, direct engineering, production and tooling and other non-recur ring costs and production related overheads, (based on normal operating capacity and normal consumption of material, labour, and other production costs), including depreciation charges. Net realisable value is the estimated selling price in the ordi- nary course of business less the estimated costs of completion and the estimated variable costs necessary to make the sale. Provisions are made for inventories with a lower market value, or which are slow-moving. If it becomes apparent that such inventory can be reused, provisions are reversed with inventory being revalued up to the lower of its net realisable value or original cost. Unsaleable inventory is fully written off.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-301": {
"value": "REVENUE RECOGNITION Cavotec is an engineering group that designs and manufactures automated con- ection and electrification systems for ports and industrial applications worldwide. Revenue is measured based on the consideration expected to be entitled to base on the contract with a customer. The Group recognises revenue when it transfers ontrol over a good or service to a customer. Revenue is recognised to the extent hat it is highly probable that a significant reversal in the amount of cumulative reve- ue recognised will not occur. Revenue is measured at the fair value of the consideration received or receivable, nd represents amounts receivable for goods supplied, stated net of value added axes, goods and service tax (GST), rebates and discounts. The Group offers multiple lement arrangements to meet its customers\u2019 needs. These arrangements may nvolve the delivery of multiple products and/or performance of services (such as nstallation, commissioning, and training) and the delivery and/or performance may occur at different points in time or over different periods. The Group considers whether there are other promises in the contract that are separate performance obligations to which a portion of the transaction price needs to be allocated. Deliver- bles of such multiple element arrangements are evaluated to estimate the selling price that reflects at inception the Group\u2019s best estimate of what the selling price would be if the elements were sold on a stand-alone basis. Such arrangements gen- rally include industry-specific performance and termination provisions, such as in he event of substantial delays or non-delivery. The company has defined the following revenue streams to meet the revenue ecognition requirements as listed in IFRS 15: i) Integrated systems ong Term Contracts with high level of customisation based on the request of the ustomer for a complete set of port solutions. When no alternative use and right to payment are confirmed, revenue is recognised over time. Revenue from integrated ystems is therefore recognised over time on a cost-to-cost method, i.e. based on he proportion of contract costs incurred for work performed to date relative to the stimated total contract costs. The directors consider that this input method is an ppropriate measure of the progress towards complete satisfaction of these perfor- mance obligations under IFRS 15. ii) Individual products The customer receives detailed listing of products description with related prices; hey are not customised, and they do not include engineering or installation, or if any t represents a minimal portion of the total order. Revenues is recognised at a point in ime based on incoterms. iii) Maintenance and installation Service contract for periodic maintenance or field services and installation. The Group provides installation services that are either sold separately or bundled ogether with the sale of equipment to a customer. The installation services can be obtained from other providers and do not significantly customise or modify the quipment. Contracts for bundled sales of equipment and installation services are omprised of two performance obligations because the promises to transfer equip- ment and provide installation services are capable of being distinct and separately dentifiable. Accordingly, the Group allocates the transaction price based on the rela- ive stand-alone selling prices of the equipment and installation services. The Group recognises revenue from services over time, using an input method to measure progress towards complete satisfaction of the service, because the cus- omer simultaneously receives and consumes the benefits provided by the Group.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-323": {
"value": "REVENUE RECOGNITION Cavotec is an engineering group that designs and manufactures automated con- nection and electrification systems for ports and industrial applications worldwide. Revenue is measured based on the consideration expected to be entitled to base on the contract with a customer. The Group recognises revenue when it transfers control over a good or service to a customer. Revenue is recognised to the extent that it is highly probable that a significant reversal in the amount of cumulative reve- nue recognised will not occur. Revenue is measured at the fair value of the consideration received or receivable, and represents amounts receivable for goods supplied, stated net of value added taxes, goods and service tax (GST), rebates and discounts. The Group offers multiple element arrangements to meet its customers\u2019 needs. These arrangements may involve the delivery of multiple products and/or performance of services (such as installation, commissioning, and training) and the delivery and/or performance may occur at different points in time or over different periods. The Group considers whether there are other promises in the contract that are separate performance obligations to which a portion of the transaction price needs to be allocated. Deliver- ables of such multiple element arrangements are evaluated to estimate the selling price that reflects at inception the Group\u2019s best estimate of what the selling price would be if the elements were sold on a stand-alone basis. Such arrangements gen- erally include industry-specific performance and termination provisions, such as in the event of substantial delays or non-delivery. The company has defined the following revenue streams to meet the revenue recognition requirements as listed in IFRS 15: (i) Integrated systems Long Term Contracts with high level of customisation based on the request of the customer for a complete set of port solutions. When no alternative use and right to payment are confirmed, revenue is recognised over time. Revenue from integrated systems is therefore recognised over time on a cost-to-cost method, i.e. based on the proportion of contract costs incurred for work performed to date relative to the estimated total contract costs. The directors consider that this input method is an appropriate measure of the progress towards complete satisfaction of these perfor- mance obligations under IFRS 15. (ii) Individual products The customer receives detailed listing of products description with related prices; they are not customised, and they do not include engineering or installation, or if any it represents a minimal portion of the total order. Revenues is recognised at a point in time based on incoterms. (iii) Maintenance and installation Service contract for periodic maintenance or field services and installation. The Group provides installation services that are either sold separately or bundled together with the sale of equipment to a customer. The installation services can be obtained from other providers and do not significantly customise or modify the equipment. Contracts for bundled sales of equipment and installation services are comprised of two performance obligations because the promises to transfer equip- ment and provide installation services are capable of being distinct and separately identifiable. Accordingly, the Group allocates the transaction price based on the rela- tive stand-alone selling prices of the equipment and installation services. The Group recognises revenue from services over time, using an input method to measure progress towards complete satisfaction of the service, because the cus- tomer simultaneously receives and consumes the benefits provided by the Group. NOTE 5. \u2003Revenue from contracts with customers Disaggregation of revenue from contracts with customers The Group derives revenue from the transfer of goods and services over time and a a point in time in the following Divisions and geographical regions. Year ended 31 December 2024 Ports & EUR 000s Maritime Industry Tota Revenue from external customer Timing of revenue recognition At a point in time 105,349 65,027 170,37 Over time 4,576 \u2013 4,57 Total 109,925 65,027 174,95 Year ended 31 December 2023 Ports & EUR 000s Maritime Industry Tota Revenue from external customer Timing of revenue recognition At a point in time 110,712 66,045 176,75 Over time 3,976 \u2013 3,97 Total 114,688 66,045 180,73 Year ended 31 December 2024 EUR 000s AMER EMEA APAC Tota Ports & Maritime 17,406 37,300 55,219 109,92 Industry 5,915 44,234 14,878 65,02 Total 23,321 81,534 70,097 174,95 Year ended 31 December 2023 EUR 000s AMER EMEA APAC Tota Ports & Maritime 18,239 45,726 50,723 114,68 Industry 4,751 42,228 19,067 66,04 Total 22,990 87,954 69,790 180,73 Assets and liabilities related to contract with customers The Group has recognised the following assets and liabilities related to contracts with customers: EUR 000s 31 Dec. 2024 31 Dec. 202 Current Assets/(Liabilities) Contract Assets 830 2,86 Contract Liabilities (17,935) (19,268 Total (17,105) (16,406 The year-over-year decreases in both contract liabilities by EUR 1.3 million and contract assets by EUR 2.0 million are entirely attributable to revenue recognition.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-333": {
"value": "Derecognition A financial liability is derecognised when the obligation under the liability is dis- charged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognised in the state- ment of profit or loss. Derecognition A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is primarily derecognised (i.e., removed from the Group\u2019s consolidated statement of financial position) when: \u2022 The rights to receive cash flows from the asset have expired, or \u2022 The Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material dela to a third party; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDerecognitionOfFinancialInstrumentsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-334": {
"value": "Impairment of financial assets Further disclosures relating to impairment of financial assets are also provided in th e Risk Management on page 70. ECLs are recognised in two stages. For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12-months (a 12-month ECL). For those credit exposures for which there has been a significant increase in credit risk since initial recognition, a loss allowance is require d for credit losses expected over the remaining life of the exposure, irrespective of th e timing of the default (a lifetime ECL). For trade receivables and contract assets, the Group applies a simplified approach in calculating ECLs. Therefore, the Group does not track changes in credi t risk, but instead recognises a loss allowance based on lifetime ECLs at each report- ing date. The Group has established a provision matrix that is based on its historical credit loss experience, adjusted for forward-looking factors specific to the debtors and the economic environment. The group considers the credit risk of financial assets to be significantly increased (stage 3) when contractual payments are 90 days overdue. The group assesses those assets on an individual basis. A financial asset is written off when there is no reasonable expectation of recovering the contractual cash flows. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfFinancialAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-299": {
"value": "CASH AND CASH EQUIVALENTS Cash and cash equivalents includes cash on hand, deposits held at call with financial institutions and other short term, highly liquid investments with original maturities of three months or less (from the acquisition date of the investments) that are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-300": {
"value": "PROVISIONS Provisions are recognised when the Group has a legal or constructive obligation because of past events, it is more likely than not that an outflow of resources will be required to settle the obligation and the amount has been reliably estimated. The amount recognised is the best estimate of the cost required to settle the present obligation at the Balance Sheet date. If the effect of the time value of money is mate- rial, the provision is determined by discounting the expected future cash flows at a rate that reflects the current market assessments of the time value of money and th risks specific to the liability. Provisions for warranties are recognised at the time the products are sold based on the estimated cost using historical data for level of repairs and replacements. Provisions for onerous contracts are recognised when the expected economic benefits to be derived from a contract are lower than the cost of meeting the obliga- tions under the contract. The provision is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of con- tinuing with the contract.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-322": {
"value": "Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at fair value through profit or loss as loans and borrowings and payables. All financial liabili- ties are recognised initially at fair value and, net of directly attributable transaction costs. The Group\u2019s financial liabilities include trade and other payables, loans and borrowings including bank overdrafts. The Group has not designated any financial liability as at fair value through profit or loss. Loans and borrowings This is the category most relevant to the Group. After initial recognition, interest- bearing loans and borrowings are subsequently measured at amortised cost using the EIR method. Gains and losses are recognised in profit or loss when the liabilities are derecognised as well as through the EIR amortisation process. Amortised cost is calculated by considering any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of profit or loss. Following a modification or renegotiation that does not result in de-recognition, the Group recognise any modification gain or loss immediately in profit or loss. Any gain or loss is determined by recalculating the gross carrying amount of the financia l asset by discounting the new contractual cash flows using the original effective interest rate. This category generally applies to interest-bearing loans and borrowings. For more information, refer to Note 21. Derecognition A financial liability is derecognised when the obligation under the liability is dis- charged or cancelled or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as the derecognition of the original liability and the recognition of a new liability. The difference in the respective carrying amounts is recognised in the state- ment of profit or loss. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-332": {
"value": "Loans and borrowings This is the category most relevant to the Group. After initial recognition, interest- bearing loans and borrowings are subsequently measured at amortised cost using the EIR method. Gains and losses are recognised in profit or loss when the liabilities are derecognised as well as through the EIR amortisation process. Amortised cost is calculated by considering any discount or premium on acquisition and fees or costs that are an integral part of the EIR. The EIR amortisation is included as finance costs in the statement of profit or loss. Following a modification or renegotiation that does not result in de-recognition, the Group recognise any modification gain or loss immediately in profit or loss. Any gain or loss is determined by recalculating the gross carrying amount of the financia asset by discounting the new contractual cash flows using the original effective interest rate. This category generally applies to interest-bearing loans and borrowings. For more information, refer to Note 21. BORROWINGS Borrowings are classified as current liabilities unless the Group has an unconditional right to defer settlement of liabilities for at least 12 months after the Balance Sheet date. Fees paid on the establishment of an undrawn loan facility, are recognised as prepayments and amortised on a straight-line basis over the term of the facility. BORROWING COSTS Borrowing costs incurred for the construction of any qualifying asset are capitalised during the period that is required to complete and prepare the asset for its intended use or sale. Other borrowing costs are expensed.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-324": {
"value": "Contract balances Contract assets A contract asset is the right to consideration in exchange for goods or services transferred to the customer. If the Group performs by transferring goods or services to a customer before the customer pays consideration or before payment is due, a contract asset is recognised for the earned consideration that is conditional. Trade receivables A receivable represents the Group\u2019s right to an amount of consideration that is unconditional (i.e., only the passage of time is required before payment of the con- sideration is due).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-325": {
"value": "Contract liabilities A contract liability is the obligation to transfer goods or services to a customer for which the Group has received consideration (or an amount of consideration is due) from the customer. If a customer pays consideration before the Group transfers goods or services to the customer, a contract liability is recognised when the pay- ment is made or the payment is due (whichever is earlier). Contract liabilities are rec- ognised as revenue when the Group performs under the contract.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-326": {
"value": "(ii) Share-based payments The total expense is recognised over the vesting period, which is the period over which all the specified vesting conditions are to be satisfied. At the end of each period, the entity revises its estimates of the number of shares that are expected to vest based on the non-market vesting and service conditions. It recognises the impact of the revision to original estimates, if any, in profit or loss, with a correspond ing adjustment to equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-302": {
"value": "Cost to obtain a contract The Group pays sales commission to its employees for some contract that they obtain for bundled sales of equipment and installation services. The Group has elected to apply the optional practical expedient for costs to obtain a contract which allows the Group to immediately expense sales commissions (included under employee benefits and part of cost of sales) because the amortisation period of the asset that the Group otherwise would have used is one year or less. EMPLOYEE BENEFITS Liabilities for wages and salaries, including non-monetary benefits, annual leave and accumulating sick leave expected to be settled within 12 months of the reporting date are recognised in other payables in respect of employees\u2019 services up to the reporting date and are measured at the amounts expected to be paid when the liabil ities are settled. (i) Pension obligations A defined contribution plan is a pension plan under which the Group pays fixed con- tributions into a separate entity and the Group has no legal or constructive obliga- tions to pay further contributions if the fund does not hold sufficient assets to pay al employees the benefits relating to employee service in the current and prior peri- ods. A defined benefit plan is a pension plan that is not a defined contribution plan. Cavotec (Swiss) SA operate a pension scheme via the employee benefits founda- tion and are affiliated with the Swiss Life Collective BVG Foundation based in Zurich. All benefits in accordance with the regulations are reinsured in their entirety with Swiss Life Ltd within the framework of the corresponding contract and determined by actuarial calculations. These schemes are defined benefit plans due to the fact that Cavotec can be requested to pay restructuring contributions in the case of a shortfall. Typically defined benefit plans define an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation. Actuarial gains and losses arising from experience adjustments and changes in ctuarial assumptions are charged or credited to equity in other comprehensive ncome in the period in which they arise. The liability recognised in the Balance Sheet in respect of defined benefit pensio lans is the present value of the defined benefit obligation at the end of the reportin eriod less the fair value of plan assets. The defined benefit obligation is calculated y independent actuaries using the projected unit credit method. The present value f the defined benefit obligation is determined by discounting the estimated future ash outflows using interest rates of high-quality corporate bonds that are denomi- ated in the currency in which the benefits will be paid, and that have terms to matu- ity approximating to the terms of the related pension obligation. ii) Share-based payments he total expense is recognised over the vesting period, which is the period over hich all the specified vesting conditions are to be satisfied. At the end of each eriod, the entity revises its estimates of the number of shares that are expected to est based on the non-market vesting and service conditions. It recognises the mpact of the revision to original estimates, if any, in profit or loss, with a correspond ng adjustment to equity.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-303": {
"value": "DIVIDENDS AND OTHER DISTRIBUTIONS Distributions to the shareholders are recognised as a liability in the Group\u2019s Financia Statements in the period in which they are approved by the Annual General Meeting.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-335": {
"value": "DEFERRED TAXES Deferred tax assets are recognised for temporary differences between the carrying amounts for financial reporting purposes of assets and liabilities and the amounts used for taxation purposes and for tax loss carry-forwards. The Group records deferred tax assets based upon management\u2019s estimates of future taxable profit in different tax jurisdictions. The estimations of the recoverability of deferred tax assets on losses carried forward are based on business plans and include the taxa- ble profits that are more probable than not until the expire of tax losses, this results in lower estimates for years in the distant future. The actual results may differ from these estimates, due to changes in the business climate and changes in tax legisla- tion or by variances from the business plans used on the models. See notes 19 and 25 for additional information. Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to apply when the assets are recovered or liabilities are settled, based on those tax rates which are enacted or substantively enacted for each juris- diction. The relevant tax rates are applied to the cumulative amounts of deductible and taxable temporary differences to measure the deferred tax asset or liability. An exception is made for certain temporary differences arising from the initial recogni- tion of an asset or a liability. No deferred tax asset or liability is recognised in relation to these temporary differences if they arose in a transaction, other than a business combination, that at the time of the transaction did not affect either accounting profit or taxable profit and loss. Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Deferred tax liabilities and assets are not recognised for temporary differences between the carrying amount and tax bases of investments in subsidiaries where the Group is able to control the timing of the reversal of the temporary differences and it is proba- ble that the differences will not reverse in the foreseeable future. Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-305": {
"value": "VALUE ADDED TAX (VAT) AND GOODS AND SERVICES TAX (GST) The statement of comprehensive income has been prepared so that all components are stated exclusive of VAT or GST. All items in the Balance Sheet are also stated net of VAT or GST, except for receivables and payables, which include VAT or GST invoiced.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForTaxesOtherThanIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-304": {
"value": "INCOME TAX The income tax expense for the period is the tax payable on the current years taxa- ble income based on the national income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences between the tax bases of assets and liabilities and their carrying amounts in the Financial Statements, and to unused tax losses. Deferred tax assets and liabilities are recognised for temporary differences at the tax rates expected to apply when the assets are recovered or liabilities are settled, based on those tax rates which are enacted or substantively enacted for each juris- diction. The relevant tax rates are applied to the cumulative amounts of deductible and taxable temporary differences to measure the deferred tax asset or liability. An exception is made for certain temporary differences arising from the initial recogni- tion of an asset or a liability. No deferred tax asset or liability is recognised in relation to these temporary differences if they arose in a transaction, other than a business combination, that at the time of the transaction did not affect either accounting profit or taxable profit and loss. Deferred tax assets are recognised for deductible temporary differences and unused tax losses only if it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Deferred tax liabilities and assets are not recognised for temporary differences between the carrying amount and tax bases of investments in subsidiaries where the Group is able to control the timing of the reversal of the temporary differences and it is proba- ble that the differences will not reverse in the foreseeable future. Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously. Uncertain tax positions are measured either at the most likely outcome or at the expected value, depending on which method better predicts the resolution of the uncertainty. Thereby detection risk is not considered. Current and deferred tax balances attributable to amounts recognised directly in equity or in OCI are also recognised directly in equity or in OCI respectively.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-327": {
"value": " NOTE 6. \u2003Other income EUR 000s 2024 2023 Carriage, insurance and freight 622 1,042 Exchange gains and losses (171) (812) Other miscellaneous income 885 1,845 Total 1,336 2,076",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingIncomeExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-359": {
"value": " NOTE 9. \u2003Assets held for sale As of 31 December 2024, assets held for sale amount to zero. The Trondheim build ng in Norway, previously classified as an asset held for sale with a book value of EUR 1.8 million as of 2023, was derecognised following the sale in February 2024, reducing the asset value to zero.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-360": {
"value": " NOTE 11. \u2003Income taxes EUR 000s 2024 2023 Current tax (3,700) (4,109) Deferred tax (163) 638 Other taxes (503) (112) Total (4,366) (3,583) The tax on the Group\u2019s profit before tax differs from the theoretical amount that would arise using the weighted average tax rate applicable to the profits of the con- solidated entities as follows: EUR 000s 2024 2023 Tax on consolidated pre-tax income at Group rate 20.1% (1,648) 20.4% (766) Tax effect of loss-making subsidiaries for which no DTA is recognised (4,673) (3,480) Tax effect of non-taxable income included in profit before tax 2,096 1,278 Tax on non-deductible expenses (141) (615) Write down of previously recognised DTAs \u2013 \u2013 Utilisation of previously unrecognised DTA \u2013 \u2013 Total (4,366) (3,583) The Group operates in many jurisdictions where statutory tax rates vary from 0% to 35.0%. The weighted average applicable tax rate was 20.1% (2023: 20.4%).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-358": {
"value": " NOTE 10. \u2003Net financial costs EUR 000s 2024 2023 Interest income 35 18 Interest expense (2,573) (3,117) Amortisation of issuance costs (32) (354) Interest expenses, net (2,570) (3,453) Currency exchange difference, net (113) (16) Total (2,682) (3,470) Interest expense decreased as a mixed effect of lower interest rates and the partial repayment of the Revolving Credit Facility.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInterestExpenseExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-343": {
"value": " NOTE 10. \u2003Net financial costs EUR 000s 2024 2023 Interest income 35 18 Interest expense (2,573) (3,117) Amortisation of issuance costs (32) (354) Interest expenses, net (2,570) (3,453) Currency exchange difference, net (113) (16) Total (2,682) (3,470) Interest expense decreased as a mixed effect of lower interest rates and the partial repayment of the Revolving Credit Facility.",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceCostsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-329": {
"value": " NOTE 7. \u2003Employee benefit costs EUR 000s 2024 2023 Salaries and wages (41,456) (36,584) Social security contributions (7,484) (6,547) Other employee benefits (4,488) (4,764) Total (53,428) (47,895) The number of full-time equivalent employees was 708 1) (2023: 664). 1) Number of full-time equivalent employees including externals. PENSION PLAN The Group operates defined benefit pension plans in Switzerland, Italy, Germany and 31 December 2024 31 Dec. 2023 Middle East. EUR 000s Switzerland Italy U.A.E. Germany Total Total Cavotec (Swiss) SA is affiliated to the Swiss Life Collective BVG Foundation based in Zurich. This pension solution fully also reinsures the risks of disability, death, and Present value of defined benefit obligation (DBO) (1,546) \u2013 \u2013 \u2013 (1,546) (1,665) longevity. Swiss Life invests the vested pension capital and provides a 100% capital Fair value of plan assets 1,161 \u2013 \u2013 125 1,286 1,368 and interest guarantee. Certain features of Swiss pension plans required by law pre- Deficit of funded plans (385) \u2013 \u2013 125 (260) (297) clude the plans being categorised as defined contribution plans. In Italy, the provisions for benefits upon termination of employment, accrued for Present value of unfunded obligations \u2013 (207) (62) (382) (651) (272) employee retirement, are determined using actuarial techniques and regulated by Total as reported in the balance sheet (385) (207) (62) (257) (911) (569) the Italian Civil Code. The benefit is paid upon retirement as a lump sum, the amount of which corresponds to the total of the provisions accrued during the employees\u2019 service period based on payroll costs as revalued until retirement. In addition, the Group has liabilities from defined contribution plan for an amount of EUR 0.9 million. In U.A.E., the Service Gratuity Plan is a defined benefit plan. Benefits under these plans are paid upon termination of employment and consist of payments based on seniority. CAVOTEC\u2003|\u2003ANNUAL AND SUSTAINABILITY REPORT 2024 64 The movement in the defined benefit obligation over the year is as follows: 2024 2023 EUR 000s Switzerland Italy U.A.E. Germany Total Total At 1 January (1,665) (215) (57) - (1,937) (3,117) Service cost: Current service cost (172) \u2013 (8) (376) (556) (178) Past service cost 10 \u2013 \u2013 \u2013 10 \u2013 Interest expenses (22) (7) (3) (9) (41) (76) Cash flow: Benefit payments from plan assets 517 \u2013 \u2013 \u2013 517 1,627 Benefit payments from employer \u2013 19 \u2013 \u2013 19 125 Participant contributions (171) \u2013 \u2013 \u2013 (171) (154) Insurance premium for risk benefits 37 \u2013 \u2013 \u2013 37 22 Other significant event: Increase (decrease) due to effect of any business combinations/divestitures/transfers \u2013 \u2013 \u2013 \u2013 \u2013 \u2013 Remeasurements: Effect of changes in demographic assumptions (3) \u2013 \u2013 \u2013 (3) 2 Effect of changes in financial assumptions (51) (5) \u2013 \u2013 (56) (102) Effect of experience adjustments (53) 1 3 3 (46) 28 Exchange differences 28 \u2013 3 \u2013 30 (115) At 31 December (1,546) (207) (62) (382) (2,197) (1,937) The movement in the fair value of plan assets over the year is as follows: 2024 2023 EUR 000s Switzerland Italy U.A.E. Germany Total Total At 1 January 1,368 \u2013 \u2013 \u2013 1,368 2,616 Interest Income 20 \u2013 \u2013 \u2013 20 65 Cash flow: Employer contributions 171 19 \u2013 125 315 279 Participant contributions 171 \u2013 \u2013 \u2013 171 154 Benefit payments to plan (517) \u2013 \u2013 \u2013 (517) (1,627) Benefit payments from employer \u2013 (19) \u2013 \u2013 (19) (125) Administrative expenses paid from plan assets (14) \u2013 \u2013 \u2013 (14) (14) Insurance premium for risk benefits (37) \u2013 \u2013 \u2013 (37) (22) Remeasurements: Return on plan assets (excluding interest income) 22 \u2013 \u2013 \u2013 22 (56) Exchange differences (24) \u2013 \u2013 \u2013 (24) 99 At 31 December 1,161 \u2013 \u2013 125 1,286 1,368 The amount recognised in the income statement and other comprehensive income are as follows: 2024 2023 EUR 000s Switzerland Italy U.A.E. Germany Total Total Service cost: Current service cost 172 \u2013 8 376 556 178 Past service cost (10) \u2013 \u2013 \u2013 (10) \u2013 Total Service cost 162 \u2013 8 376 546 178 Net interest cost: Interest expense on DBO 22 7 3 9 41 76 Interest (income) on plan assets (20) \u2013 \u2013 \u2013 (20) 65 Total net interest cost 2 7 3 9 21 141 Administrative expenses and/or taxes (not reserved within DBO) 14 \u2013 \u2013 \u2013 14 14 Defined benefit cost included in the Income Statement 178 7 11 385 581 333 Effect of changes in demographic assumptions 3 \u2013 \u2013 \u2013 3 (3) Effect of changes in financial assumptions 51 5 \u2013 \u2013 56 102 Effect of experience adjustments 53 (1) (3) (3) 46 (28) Return on plan assets (excluding interest income) (22) \u2013 \u2013 \u2013 (22) 56 Exchange Differences (22) \u2013 \u2013 \u2013 (22) \u2013 Effect of deferred taxes (18) \u2013 \u2013 \u2013 (18) (27) Total remeasurements included in Other Comprehensive Income 45 4 (3) (3) 43 99 The Group expects to pay EUR 0.1 million in contribution to defined benefit plans in 2024 concerning the amount to be paid in 2025 (EUR 0.1 million was the expectation in 2023 concerning the amount to be paid in 2024). The principal actuarial assumptions were as follows: 2024 2023 Switzerland Italy Germany U.A.E. Switzerland Italy U.A.E. Discount rate 1.00% 3.40% 3.40% 5.82% 1.40% 3.80% n/a Salary increases 1.20% n/a n/a n/a 1.30% n/a n/a Inflation 1.00% 2.00% 2.00% n/a 1.10% 2.50% n/a The principal demographic assumptions were as follows: 2024 2023 Switzerland Italy Germany U.A.E. Switzerland Italy U.A.E. Life expectancy BVG 2020 GT n/a n/a n/a BVG 2020 GT n/a n/a In accordance with In accordance with normal (maximum) In accordance with normal (maximum) Retirement age 65 current Italian legislation current german legislation retirement age of 60 65 current Italian legislation retirement age of 60 60% pension / 60% pension / Benefit at retirement 40% lumpsum n/a \u2013 \u2013 40% lumpsum n/a \u2013 Voluntary turnover n/a 4.0% n/a n/a \u2013 8.2% n/a Involuntary turnover (including death and disability) n/a 4.0% n/a n/a \u2013 1.8% n/a The following table presents a sensitivity analysis showing how the defined benefit obligation would have been affected by changes in the relevant actuarial assumption that were reasonably possible at the balance sheet date. This sensitivity applies to the defined benefit obligation only, and not to the net defined benefit pension liability in its entirety, the measurement of which is driven by several factors including, in addition to the assumptions below, the fair value of plan assets. 2024 2023
Switzerland Italy Germany U.A.E. Switzerland Italy U.A.E.
Discount rate +0.50% (1,476) (196) (245) (64) (1,608) (203) \u2013
Discount rate -0.50% (1,623) (218) (213) (69) (1,725) (227) \u2013
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-328": {
"value": " NOTE 8. \u2003Operating expenses EUR 000s 2024 2023 Transportation expenses (667) (933) External services (7,180) (6,986) Travelling expenses (3,528) (2,724) General expenses (6,007) (5,969) Utility expenses (1,409) (1,027) Reversal of credit losses/(Credit losses) 6 (191) Warranty costs (2,324) (1,462) Total (21,109) (19,292)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-361": {
"value": " NOTE 12. \u2003Trade receivables and contract assets EUR 000s 31 Dec. 2024 31 Dec. 2023 Trade receivables 27,559 30,178 Provision for doubtful debts (see page 70 Risk Management) (1,396) (2,236) Contract assets 830 2,862 Total 26,993 30,803 The movement of the provision for doubtful debts is summarised below: Opening balance (2,236) (2,936) Provision recorded in the year (1,063) (911) Provision used in the year 170 927 Provision reversed not used in the year 1,781 611 Currency exchange difference (48) 73 Closing balance (1,396) (2,236)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-346": {
"value": " NOTE 15. \u2003 Inventories EUR 000s 31 Dec. 2024 31 Dec. 2023 Raw materials 19,215 20,202 Finished goods 19,261 20,123 Write off inventory (573) - Provision for slow moving inventories (2,348) (2,896) Total 35,555 37,429 As part of our ongoing efforts to optimize inventory management, the Group c onducted a comprehensive review of aged and obsolete stock, leading to a write- off of EUR 0.6 million. The movement of the provision for slow moving inventories is summarised below: EUR 000s 2024 2023 Opening balance (2,896) (2,773) Provision used during the year 703 923 Provision recorded in the year (340) (1,097) Provision reversed not used in the year 199 \u2013 Currency exchange difference (14) 51 Closing balance (2,348) (2,896)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInventoriesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-344": {
"value": " NOTE 16. \u2003Property, plant and equipment EUR 000s Land & buildings Plant & equipment Fixtures & fittings Total Year ended 31 December 2023 Opening net book value 2,223 2,897 821 5,941 Additions 10 797 104 911 Disposals (5) \u2013 (3) (8) Depreciation (143) (994) (249) (1,386) Currency exchange differences \u2013 (39) (5) (44) Closing net book value 2,085 2,661 668 5,414 At 31 December 2023 Cost 3,863 19,773 4,618 28,254 Accumulated depreciation (1,778) (17,112) (3,950) (22,840) Net book amount 2,085 2,661 668 5,414 Year ended 31 December 2024 Opening net book value 2,085 2,661 668 5,414 Additions 5 727 172 904 Disposals (53) (14) (2) (69) Depreciation (43) (779) (195) (1,017) Currency exchange differences \u2013 129 1 130 Closing net book value 1,994 2,723 645 5,362 At 31 December 2024 Cost 3,865 19,783 4,410 28,058 Accumulated depreciation (1,871) (17,060) (3,765) (22,696) Net book amount 1,994 2,723 645 5,362",
"dimensions": {
"concept": "ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-362": {
"value": " NOTE 16. \u2003Property, plant and equipment EUR 000s Land & buildings Plant & equipment Fixtures & fittings Total Year ended 31 December 2023 Opening net book value 2,223 2,897 821 5,941 Additions 10 797 104 911 Disposals (5) \u2013 (3) (8) Depreciation (143) (994) (249) (1,386) Currency exchange differences \u2013 (39) (5) (44) Closing net book value 2,085 2,661 668 5,414 At 31 December 2023 Cost 3,863 19,773 4,618 28,254 Accumulated depreciation (1,778) (17,112) (3,950) (22,840) Net book amount 2,085 2,661 668 5,414 Year ended 31 December 2024 Opening net book value 2,085 2,661 668 5,414 Additions 5 727 172 904 Disposals (53) (14) (2) (69) Depreciation (43) (779) (195) (1,017) Currency exchange differences \u2013 129 1 130 Closing net book value 1,994 2,723 645 5,362 At 31 December 2024 Cost 3,865 19,783 4,410 28,058 Accumulated depreciation (1,871) (17,060) (3,765) (22,696) Net book amount 1,994 2,723 645 5,362 NOTE 17. \u2003Intangible assets EUR 000s Goodwill Patents & trademarks R&D and other Total Year ended 31 December 2023 Opening net book value 30,200 111 8,610 38,920 Additions \u2013 4 620 624 mpairment \u2013 \u2013 (612) (612) Amortisation \u2013 (15) (1,384) (1,398) Currency exchange differences (69) (6) (146) (221) Closing net book value 30,131 96 7,088 37,315 At 31 December 2023 Cost 30,131 6,515 11,464 48,110 Accumulated amortisation \u2013 (6,419) (4,376) (10,795) Net book amount 30,131 96 7,088 37,315 Year ended 31 December 2024 Opening net book value 30,131 96 7,088 37,315 Additions \u2013 4 59 63 mpairment \u2013 \u2013 (100) (100) Amortisation \u2013 (13) (1,432) (1,445) Currency exchange differences (100) (6) (126) (231) Closing net book value 30,031 83 5,490 35,604 At 31 December 2024 Cost 30,031 6,495 11,291 47,817 Accumulated amortisation \u2013 (6,412) (5,801) (12,213) Net book amount 30,031 83 5,490 35,604 For more details on goodwill impairment testing please refer to note 4.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDepreciationAndAmortisationExpenseExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-345": {
"value": " NOTE 13. \u2003Tax assets EUR 000s 31 Dec. 2024 31 Dec. 2023 Tax assets 2,451 385 VAT recoverable \u2013 4,333 Total 2,451 4,718 NOTE 14. \u2003Other current receivables EUR 000s 31 Dec. 2024 31 Dec. 2023 Deposits 222 183 Prepayments 5,891 3,905 Other receivables 357 861 VAT recoverable 3,429 - Total 9,899 4,949",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherCurrentAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-363": {
"value": "LEASES Amounts recognised in the balance sheet The Balance Sheet shows the following amounts relating to leases: EUR 000s 31 Dec. 2024 31 Dec. 2023 Right of use Land & building 12,152 11,283 Plant & equipment 329 182 Fixtures & fittings 45 64 Total right of use 12,526 11,529 EUR 000s 31 Dec. 2024 31 Dec. 2023 Lease liabilities Current (2,566) (2,527) Total (2,566) (2,527) Non current (10,160) (9,167) Total (10,160) (9,167) Amounts recognised in the income statement The statement of profit or loss shows the following amounts relating to leases: EUR 000s 2024 2023 Depreciation charge of Right of Use assets Land & building (2,935) (3,169) Plant & equipment (160) (100) Fixtures & fittings (34) (42) Total depreciation charge of right of use assets (3,129) (3,311) Interest expenses (403) (363) The following table summarises the movements of the right-of-use assets: EUR 000s 31 Dec. 2024 31 Dec. 2023 Right of use assets at January 1 11,529 13,213 Additions 3,408 454 Lease contract terminations - (172) Depreciation charge (3,129) (3,311) Currency translation effects 718 1,345 Total right of use assets at December 31 12,526 11,529",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLeasesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-375": {
"value": " NOTE 17. \u2003Intangible assets EUR 000s Goodwill Patents & trademarks R&D and other Total Year ended 31 December 2023 Opening net book value 30,200 111 8,610 38,920 Additions \u2013 4 620 624 Impairment \u2013 \u2013 (612) (612) Amortisation \u2013 (15) (1,384) (1,398) Currency exchange differences (69) (6) (146) (221) Closing net book value 30,131 96 7,088 37,315 At 31 December 2023 Cost 30,131 6,515 11,464 48,110 Accumulated amortisation \u2013 (6,419) (4,376) (10,795) Net book amount 30,131 96 7,088 37,315 Year ended 31 December 2024 Opening net book value 30,131 96 7,088 37,315 Additions \u2013 4 59 63 Impairment \u2013 \u2013 (100) (100) Amortisation \u2013 (13) (1,432) (1,445) Currency exchange differences (100) (6) (126) (231) Closing net book value 30,031 83 5,490 35,604 At 31 December 2024 Cost 30,031 6,495 11,291 47,817 Accumulated amortisation \u2013 (6,412) (5,801) (12,213) Net book amount 30,031 83 5,490 35,604 For more details on goodwill impairment testing please refer to note 4.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsAndGoodwillExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-347": {
"value": " NOTE 17. \u2003Intangible assets EUR 000s Goodwill Patents & trademarks R&D and other Total Year ended 31 December 2023 Opening net book value 30,200 111 8,610 38,920 Additions \u2013 4 620 624 mpairment \u2013 \u2013 (612) (612) Amortisation \u2013 (15) (1,384) (1,398) Currency exchange differences (69) (6) (146) (221) Closing net book value 30,131 96 7,088 37,315 At 31 December 2023 Cost 30,131 6,515 11,464 48,110 Accumulated amortisation \u2013 (6,419) (4,376) (10,795) Net book amount 30,131 96 7,088 37,315 Year ended 31 December 2024 Opening net book value 30,131 96 7,088 37,315 Additions \u2013 4 59 63 mpairment \u2013 \u2013 (100) (100) Amortisation \u2013 (13) (1,432) (1,445) Currency exchange differences (100) (6) (126) (231) Closing net book value 30,031 83 5,490 35,604 At 31 December 2024 Cost 30,031 6,495 11,291 47,817 Accumulated amortisation \u2013 (6,412) (5,801) (12,213) Net book amount 30,031 83 5,490 35,604 For more details on goodwill impairment testing please refer to note 4.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-364": {
"value": " NOTE 18. \u2003Non-current financial assets EUR 000s 31 Dec. 2024 31 Dec. 2023 Financial receivables 288 68 Total 288 68",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialInstrumentsAtFairValueThroughProfitOrLossExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-307": {
"value": " NOTE 20. \u2003Other non-current receivables Other non-current receivables includes deposits for Cavotec Italy building and machinery EUR 0.8 million (2023: EUR 0.9 million).",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-309": {
"value": " NOTE 23. \u2003Tax liabilities EUR 000s 31 Dec,2024 31 Dec,2023 Tax liabilities (2,320) (3,649) VAT payable \u2013 (1,462) Total (2,320) (5,111) NOTE 24. \u2003Other current liabilities EUR 000s 31 Dec,2024 31 Dec,2023 Employee entitlements (5,523) (6,162) Accrued expenses and other (6,056) (5,158) VAT payable (1,278) \u2013 Total (12,857) (11,320) Employee entitlements include mainly accrued wages and salaries, holidays and other personnel liabilities.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfOtherCurrentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-348": {
"value": " NOTE 21. \u2003Non Current Financial Liabilities EUR 000s 31 Dec, 2024 31 Dec,2023 Credit facility non-current portion (14,000) (22,000) Unamortised issuance costs 399 532 Total (13,601) (21,468) In June 2020, Cavotec secured long-term financing by signing a five years agree- ment with Credit Suisse and others, (which has been extended up to 2027) to pro- vide a EUR 40 million single currency term and multicurrency revolving credit facility. Syndication costs and upfront fees of EUR 1.437 million were paid during 2020 and are amortised over the extended duration of the facility. EUR 000s 31 Dec,2024 31 Dec,2023 Bank overdrafts 3.27% \u2013 Long term debt 5.09% 9.47% Interest bearing liabilities 5.08% 9.47% The average cost of the interest bearing liabilities for 2024 was lower compared to the previous year mainly due to the lower interest margin driven by the improved result of the Group, and the decrease of the interbank interest rates utilised as base rates for the long term debt interest calculation.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfBorrowingsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-306": {
"value": " NOTE 25. \u2003Deferred tax liabilities EUR 000s 31 Dec, 2024 31 Dec,2023 Deferred tax liabilities to be released within 12 months (424) (208) Deferred tax liabilities to be released after more than 12 months (1,018) (1,043) Total (1,442) (1,251) EUR 000s 31 Dec,2024 31 Dec,2023 PPE and intangible assets (524) (493) Untaxed reserves (494) (549) Other (424) (209) Total (1,442) (1,251) NOTE 19. \u2003Deferred tax assets EUR 000s 31 Dec. 2024 31 Dec. 2023 Deferred tax assets to be recovered within 12 months 1,593 1,853 Deferred tax assets to be recovered after more than 12 months 5,070 5,044 Total 6,663 6,897 EUR 000s 31 Dec. 2024 31 Dec. 2023 Provisions for warranty, doubtful accounts and others 725 1,209 Losses carried forward 3,358 3,054 Inventory 1,405 1,918 PPE and intangible assets 24 3 Accrued expenses not currently deductible 178 35 Others temporary differences 973 678 Total 6,663 6,897 The deferred tax assets arose as a consequence of the recognition of temporary differences on provisions relative to doubtful accounts, slow moving inventories and warranties, which are not tax deductible currently and become deductible for tax purposes when utilised, as well as to tax losses. The deferred tax assets, include an amount of EUR 3.4 million related to carried-forward tax losses. These are the result of the losses over the last financial years following the disposal of the Airports busi- ness. They relate to the one-off cost and will not recur in the future. The Group has concluded that the deferred tax assets will be recoverable using the estimated future taxable income based on the approved business plans and budgets. The Group did not recognise deferred income tax assets on losses carried forward of EUR 123.8 million (2023: EUR 208 million). The losses carried forward expire after seven years in Switzerland and amount to EUR 62.6 million of which expire within two to five years. In Germany tax losses amounts to 8.8 million can be carried forward indefinitely, but only 60% (temporarily 70% from 2024 to 2027) of taxable income above EUR 1 million can be offset. A transfer of more than 50% of shares within five years may lead to forfeiture of loss carryforwards. The remaining part is related to the US where, since the implementation of the new tax reform, losses carried for- ward accumulated until 2017 still expire in 20 years, while starting from 2018, they never expire but they will only be offsetable up to 80%.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-308": {
"value": " NOTE 22. \u2003Trade payables EUR 000s 31 Dec,2024 31 Dec,2023 Trade payables (21,900) (26,004) Contract liabilities (17,935) (19,268) Total (39,835) (45,272)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-349": {
"value": " NOTE 26. \u2003Provision for risks and charges EUR 000s 31 Dec,2024 31 Dec, 2023 Provision for risk and charges, current (3,231) (2,171) Provision for risk and charges, non-current (1,321) (1,794) Total (4,552) (3,965) Reversed EUR 000s 1 Jan, 2024 Recorded Used not used Exchange diff 31Dec. 2024 Provision for warranty (3,299) (1,390) 99 575 (26) (4,041) Provision for taxation (300) (129) 300 \u2013 \u2013 (129) Other provisions (366) (17) \u2013 \u2013 1 (382) Total (3,965) (1,536) 399 575 (25) (4,552) The warranty provision reflects historic experience of the cost to repair or replace defective products, as well as certain information regarding product failure experienced dur- ing production, installation or testing of products. The provision for taxation is built for expected results of ongoing tax inspections. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfProvisionsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-367": {
"value": " NOTE 28. \u2003SHARE CAPITAL The table below set forth the changes occurred in the share capital of the Group. Number of ordinary shares EUR 000s (fully paid) Share capital Balance at 31 December 2023 106,696,030 (54,130) Balance at 31 December 2024 106,696,030 (54,130)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-366": {
"value": " NOTE 30. \u2003Earnings per share Both the basic and diluted earnings per share are calculated using the net results attributable to shareholders of Cavotec SA & Subsidiaries as the numerator. EUR 000s 2024 2023 Profit/(Loss) for the year 3,840 180 Attributable to: Equity holders of the Group 3,840 180 Total 3,840 180 Weighted-average number of shares outstanding 106,696,030 104,103,112 Basic and diluted earnings per share attributed to the equity holders of the Group 0.036 0.002",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEarningsPerShareExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-350": {
"value": "EUR 000s 2024 2023 Currency translation reserves 19,910 19,544 Share premium reserve (74,814) (74,814) Actuarial reserve (10) (10) Reserve for LTIP \u2013 (132) Revaluation reserve 132 89 Total (54,782) (55,323) The share premium reserve was created following the Contribution Agreement dated 3 October 2011 between Cavotec SA and the former shareholders of Cavotec MSL and increased in 2018 in connection with the Rights issue. In June 2022, AGM adopted the Board of Directors\u2019 proposal to reduce the cur- rent share capital of CHF 120,631,296 by CHF 54,661,056 to CHF 65,970,240 by way of reducing the nominal value of the registered shares from CHF 1.28 by CHF 0.58 to CHF 0.70 and to allocate the nominal value reduction amount to the share premium reserve, which is increased from CHF 19,018,227 to CHF 73,679,283. In March 2023, an extraordinary general meeting approved the Board\u2019s proposal to increase the company\u2019s nominal share capital. The Board subsequently imple- mented the increase of the Company\u2019s share capital in the amount of CHF 8,716,981.00, from the current share capital of CHF 65,970,240.00 to CHF 74,687,221.00, through the issuance of 12,452,830 new shares of the Company. The shares were placed at a price of SEK 13.25 per share, consequently raising proceeds of approximately SEK 165 million before transaction costs. This capital increase also contributed to the increase in the share premium reserve. The currency translation reserve comprises all foreign exchange differences aris- ing from the translation of the Financial Statements of foreign operations into Euro. NOTE 28. \u2003SHARE CAPITAL The table below set forth the changes occurred in the share capital of the Group. Number of ordinary shares EUR 000s (fully paid) Share capital Balance at 31 December 2023 106,696,030 (54,130) Balance at 31 December 2024 106,696,030 (54,130)",
"dimensions": {
"concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-365": {
"value": " NOTE 31. \u2003Segment information Operating segments have been determined based on the Group Management struc ture in place and on the management information and used by the CODM to make strategic decisions. The two operating segments are: \u2022 Ports & Maritime \u2013 development, manufacture and service of innovative automa- tion and electrification technologies for the global ports and maritime sectors. \u2022 Industry \u2013 development, manufacture and service of electrification and radio control products for industrial applications, such as cranes, energy, processing and transportation, mining, and tunnelling. Other information that is not reportable has been combined and disclosed within \u201cOther reconciling items\u201d which mainly include not allocated head office costs. Information by operating segment for the year ended 31 December, 2024 for each operating segment is summarised below: Other reconciling EUR 000s Ports & Maritime Industry items Total Year ended 31 December 2024 Revenue from sales of goods and services 109,925 65,027 \u2013 174,952 Other income 687 649 \u2013 1,336 Operating expenses before depreciation and amortisation (92,853) (60,296) (6,462) (159,611) Gross Operating Result 17,759 5,380 (6,462) 16,677 Information by operating segment for the year ended 31 December 2023 for each operating segment is summarised below: Other reconciling EUR 000s Ports & Maritime Industry items Total Year ended 31 December 2023 Revenue from sales of goods and services 114,688 66,045 \u2013 180,734 Other income 1,048 1,028 \u2013 2,076 Operating expenses before depreciation and amortisation (101,237) (61,903) (5,266) (168,406) Gross Operating Result 14,499 5,171 (5,266) 14,404 The CODM assesses the performance of the operating segments based on gross operating result EBITDA. A reconciliation of gross operating result to profit before income tax is provided as follows: Ports & Maritime Industry EUR 000s 2024 2023 2024 2023 Gross operating result for operating segments 13,780 11,228 2,896 3,177 Goodwill impairment & other operational write-downs (119) (927) (73) (156) Depreciation (2,400) (2,749) (1,747) (1,944) Amortisation (987) (978) (457) (421) Financial (costs)/income, net (1,619) (2,152) (1,063) (1,318) Other financial items (3) (9) (2) 14 Profit/(Loss) before income tax 8,652 4,413 (446) (648) Third party revenues for each operating segment analysed by significant geographical segment is summarised below: EUR 000s AMER EMEA A PAC Total EUR 000s AMER EMEA A PAC Total Year ended 31 December 2024 Year ended 31 December 2023 Ports & Maritime 17,406 37,300 55,219 109,925 Ports & Maritime 18,239 45,726 50,723 114,688 Industry 5,915 44,234 14,878 65,027 Industry 4,751 42,228 19,067 66,045 Total 23,321 81,534 70,097 174,952 Total 22,990 87,954 69,790 180,734 The consolidated revenues of the Group are generated principally outside of Switzer land, where the company is domiciled, and operations in Switzerland are rela tively insignificant. Due to the nature of the business, no single country represents a significant percentage of Group revenues.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-368": {
"value": " NOTE 32. \u2003Related party disclosure Cavotec SA is the legal parent of the Group. Details of Cavotec SA subsidiaries can be found in note 3. The Group\u2019s key management personnel comprises the Chief Executive Officer and the members of Cavotec Management Team (CMT). Their total remuneration, including salary and other short term benefits, amounted to a total of EUR 3.4 million (2023: 3.4 million). The total compensation also includes compensation to CMT members\u2019 related parties. To ensure its independence in fulfilling its supervisory duties, the remuneration of the Board of Directors is fixed and does not contain any variable component. The remuneration elements for the Management Team consist of four compo- nents: salary, pension, other benefits, performance-based non-equity cash com- pensation (\u201cSTIP\u201d) and performance-based equity-based incentives (\u201cLTIP\u201d). The short-term incentive plan STIP is the cash-based element of the variable pay for inter alia the Management Team. The LTIP is a three-year performance share-based incentive plan. Its purpose is to foster long-term value creation for the Group by providing the Management Team and other eligible key managers. Short-term Post-employment Other long-term Termination Share-based EUR 000s employee benefits benefits benefits benefit payment Total Year ended 31 December 2024 Chief Executive Officer 769 278 - \u2013 - 1,047 Cavotec Management Team 1,910 457 - \u2013 - 2,367 Board of Directors 265 48 \u2013 \u2013 \u2013 313 Total remuneration 2,944 783 - \u2013 - 3,727 Short-term Post-employment Other long-term Termination Share-based EUR 000s employee benefits benefits benefits benefit payment Total Year ended 31 December 2023 Chief Executive Officer 612 367 \u2013 \u2013 25 1,004 Cavotec Management Team 2,044 357 \u2013 \u2013 43 2,444 Board of Directors 265 23 \u2013 \u2013 - 288 Total remuneration 2,921 747 \u2013 \u2013 68 3,736",
"dimensions": {
"concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-351": {
"value": " NOTE 32. \u2003Related party disclosure Cavotec SA is the legal parent of the Group. Details of Cavotec SA subsidiaries can be found in note 3. The Group\u2019s key management personnel comprises the Chief Executive Officer and the members of Cavotec Management Team (CMT). Their total remuneration, including salary and other short term benefits, amounted to a total of EUR 3.4 million (2023: 3.4 million). The total compensation also includes compensation to CMT members\u2019 related parties. To ensure its independence in fulfilling its supervisory duties, the remuneration of the Board of Directors is fixed and does not contain any variable component. The remuneration elements for the Management Team consist of four compo- nents: salary, pension, other benefits, performance-based non-equity cash com- pensation (\u201cSTIP\u201d) and performance-based equity-based incentives (\u201cLTIP\u201d). The short-term incentive plan STIP is the cash-based element of the variable pay for inter alia the Management Team. The LTIP is a three-year performance share-based incentive plan. Its purpose is to foster long-term value creation for the Group by providing the Management Team and other eligible key managers. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-369": {
"value": " NOTE 36. \u2003Commitments The following table details the commitments associated with Cavotec SA and its subsidiaries. EUR 000s 2024 2023 Capital commitments Within one year 40 313 Later than one, not later than two years 22 101 Later than two, not later than five years 9 30 Total 71 444",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-352": {
"value": " NOTE 36. \u2003Commitments The following table details the commitments associated with Cavotec SA and its subsidiaries. EUR 000s 2024 2023 Capital commitments Within one year 40 313 Later than one, not later than two years 22 101 Later than two, not later than five years 9 30 Total 71 444",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCommitmentsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-370": {
"value": " Note 37. \u2003Securities and collaterals As at 31 December 2024, as last year, there were no real estate related to loans.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCollateralExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-373": {
"value": " NOTE 33. \u2003Remuneration of auditors During the year the following fees were paid or payable for services provided by the auditors of the entity, its related practices and non-related audit firms. EUR 000s 2024 2023 Audit services PricewaterhouseCoopers 959 808 Other audit firms 100 93 Total audit services 1,059 901 Other services performed by audit firms: Taxation PricewaterhouseCoopers 63 132 Other audit firms 2 \u2013 Total 65 132 Other services: PricewaterhouseCoopers 26 35 Other audit firms \u2013 \u2013 Total 26 35 Total non audit services 91 167",
"dimensions": {
"concept": "ifrs-full:DisclosureOfAuditorsRemunerationExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-372": {
"value": " NOTE 34. \u2003Legal risks As a global company with a diverse business portfolio, the Group is exposed to numerous legal risks, particularly in the areas of product liability, competition, and tax assessments. The outcome of any current or future proceedings cannot be predicted. It is therefore possible that legal or regulatory judgments or future settlements could give rise to expenses that are not covered, or not fully covered, by insurers\u2019 compensation payments and could significantly affect our revenues and earnings. NOTE 35. \u2003Contingencies EUR 000s 2024 2023 Advance payments and performance bonds 4,194 4,800 Financial guarantees 100 100 Other guarantees 8,060 7,224 Total 12,354 12,124 The items listed under Contingencies are mainly warranty bonds (under \u201cother guarantees\u201d), performance and advance payment bonds. On the total of contingen- cies EUR 5.2 million will expire within one year. There is no expectation of any significant cash outflow from the outstanding bonds.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-371": {
"value": " NOTE 38. \u2003Subsequent events SANCTIONS TOWARDS RUSSIA The Group has a very limited exposure to the region considering that the subsidiary in Russia is liquidated and there is no project ongoing in the region. The Group is carefully monitoring the evolution of the situation, having a specific focus on the sanctions, that have been or will be imposed. ORGANISATIONAL CHANGES New members of Cavotec Management Team appointed after the end of 2024; Jonathan Eriksson appointed Head of Industry Division, Nicklas Vedin appointed Head of Ports & Maritime Division. Patrick Mares, in Group Management since 2019, appointed Product Management and Chief Technology Officer.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-374": {
"value": "Consolidated Financial Statements\u2003 \u2003Notes to the Financial Statements\u2003\u2003\u2003Risk Management\u2003 \u2003Statutory Financial Statements\u2003\u2003\u2003Notes to the Financial Statements Risk management The Group\u2019s activities expose it to a variety of financial risks: market risk (including At 31 December 2024, had the Euro weakened/strengthened by 10% against for- 2024 currency risk and interest rate risk), credit risk and liquidity risk. The Group\u2019s overall eign currencies to which the Group is exposed, with all other variables held constant, Currency Average rate Year end rate risk management program focuses on the unpredictability of financial markets and profit for the year and equity would have been EUR 150 thousands higher/lower seeks to minimise potential adverse effects on the financial performance of the Group. AED 3.98 3.82 (2023: 336 thousands). This is mainly a result of foreign exchange gains/losses on The Board sets the policy for the Group\u2019s centralised treasury operation and its translation of financial assets and liabilities denominated in currencies other than ARS 990.74 1072.80 activities are subject to a set of controls commensurate with the magnitude of the Euro and in respect of operations in non-Euro jurisdictions for financial assets and AUD 1.54 1.68 borrowings and investments and Group wide exposures under its management. The liabilities not in their local currency. Group treasury\u2019s primary role is to manage liquidity, funding, investments and coun- BRL 5.83 6.42 A sensitivity of 10% has been selected as this is considered reasonable given the terparty credit risk arising with financial institutions. It also manages the Group\u2019s BHD 0.41 0.39 current level of exchange rates and the volatility observed both on an historical basis market risk exposures, including risks arising from volatility in currency and interest and market expectations for future moves. In order to assess the potential impact on CAD 1.48 1.49 rates. The treasury function is not a profit centre and the objective is to manage risk the Income Statement assets and liabilities in the same currency used by the rele- at optimum cost. CHF 0.95 0.94 vant entity in its reporting were excluded from the sensitivity analysis. The financial risk is managed at the Group and regional level through a series of DKK 7.46 7.46 policies and procedures set and reviewed by the CFO. The Group treasury applies EUR 1.00 1.00 these policies together with the Presidents of the Divisions and the local finance managers. The Group uses different methods to measure different types of risk to GBP 0.85 0.83 which it is exposed. These methods include sensitivity analyses in the case of inter- HKD 8.44 8.07 est rate risk and currency risk while ageing analyses of receivables is used to assess INR 90.56 88.93 credit risk. KRW 1475.40 1532.15 MARKET RISK NOK 11.63 11.79 Currency risk NZD 1.79 1.85 Generally, the Group offers customers the option of paying in local currencies QAR 3.94 3.79 through our global sales organisation. As a result, the Group is continuously exposed to currency risks in accounts receivables denominated in foreign currency and in RMB 7.79 7.58 future sales to foreign customers. This issue of international pricing is under con- RUB 87.72 115.48 stant attention at the highest levels of management. As the Group trades across SEK 11.43 11.46 many countries, purchasing and selling in various currencies, there is a natural hedge within the Group\u2019s overall activities. SGD 1.44 1.42 The exchange rates listed here below are used to prepare the Financial Statements. USD 1.08 1.04 ZAR 19.83 19.62 2024 2023 EUR 000s EUR -10% EUR +10% EUR -10% EUR +10% Receivables 1,204 (1,204) 1,226 (1,226) Payables (1,490) 1,490 (1,523) 1,523 Financial assets 449 (449) 633 (633) Financial liabilities (13) 13 \u2013 \u2013 Total increase/(decrease) 150 (150) 336 (336) The carrying amounts of the Group\u2019s trade receivables, trade payables and contract liabilities are held in the following currencies: 2024 2023 Trade payables and Trade payables and EUR 000s Receivables contract liabilities Receivables contract liabilities EUR 14,123 (24,933) 15,679 (30,046) USD 5,332 (4,285) 4,781 (7,182) RMB 2,520 (6,663) 2,566 (5,638) AED 73 (11) \u2013 (25) GBP 628 (381) 713 (51) SEK 165 (281) 798 (317) NOK 444 (91) 1,282 (124) AUD 1,873 (2,279) 1,713 (878) CHF \u2013 (94) \u2013 (282) INR 786 (695) 372 (629) RUB \u2013 \u2013 \u2013 \u2013 BHD \u2013 \u2013 \u2013 \u2013 Other 219 (122) 38 (100) Total 26,163 (39,835) 27,942 (45,272) Financial assets and financial liabilities held at year end are held in the following currencies (data include lease liabilities): 2024 2023 EUR 000s Financial assets Financial liabilities Financial assets Financial liabilities EUR 7,397 (13,601) 8,798 (21,468) USD 1,706 \u2013 1,308 \u2013 RMB 672 \u2013 1,547 \u2013 AED 55 \u2013 37 \u2013 GBP 146 \u2013 429 \u2013 SEK 231 \u2013 270 \u2013 NOK 331 \u2013 66 \u2013 AUD 325 \u2013 1,119 \u2013 CHF 129 (128) 74 \u2013 HKD 24 \u2013 21 \u2013 INR 497 \u2013 1,087 \u2013 RUB \u2013 \u2013 \u2013 \u2013 Other 372 \u2013 369 \u2013 Total 11,885 (13,729) 15,124 (21,468) The following tables present the Group\u2019s assets and liabilities measured at fair value by valuation method at 31 December 2024 and at 31 December 2023: 2024 EUR 000s Level 1 Level 2 Level 3 Total Assets Assets held for sale \u2013 \u2013 \u2013 \u2013 Total assets \u2013 \u2013 \u2013 \u2013 Liabilities Non-current trading derivatives \u2013 \u2013 \u2013 \u2013 Total liabilities \u2013 \u2013 \u2013 \u2013 2023 EUR 000s Level 1 Level 2 Level 3 Total Assets Assets held for sale 1,814 \u2013 \u2013 1,814 Total assets 1,814 \u2013 \u2013 1,814 Liabilities \u2013 \u2013 \u2013 \u2013 Non-current trading derivatives \u2013 \u2013 \u2013 \u2013 Total liabilities \u2013 \u2013 \u2013 \u2013 Total liabilities \u2013 \u2013 \u2013 \u2013 As of 31 December 2024, assets held for sale amount to zero. The Trondheim building in Norway, previously classified as an asset held for sale with a book value of EUR 1.8 million as of 2023, was derecognised following the sale in February 2024, reducing the asset value to zero. Interest rate risk Interest rate risk management is aimed at balancing the structure of the debt, mini- mising borrowing costs over time and limiting the volatility of results. The Group is party to fixed interest rate loan agreements in the normal course of business in order to eliminate the exposure to increases in interest rates in the future. The amount of floating rate debt is the main factor that could impact the Statement of Comprehen- sive Income in the event of an increase in market rates. At 31 December, 2024 100% of the debt was floating rate (2023: 100%). A fluctuation of 1% in interest rates would have in absolute terms an impact of EUR 140 thousands in the profit and loss state- ment. Fair value estimation Financial assets and liabilities recorded at fair value in the Consolidated Financial Statements are categorised based upon the level of judgement associated with the inputs used to measure their fair value. There are three hierarchical levels, based on an increasing amount of subjectivity associated with the inputs to derive fair valua- tion for these assets and liabilities, which are as follows: \u2022 Level 1: Determination of fair value based on quoted prices (unadjusted) for iden - tical assets or liabilities in active markets \u2022 Level 2: Determination of fair value based on inputs other than the quoted prices of Level 1 but which are directly or indirectly observable \u2022 Level 3: Determination of fair value based on valuation models with inputs for the asset or liability that are not based on observable market data. CREDIT RISK EUR 000s 2024 Expected credit loss Expected credit loss, % Credit risk arises from cash and cash equivalents, deposits with banks, as well as Not yet due 22,590 (13) 0.06% credit exposures to customers, including outstanding receivables and committed transactions and it is managed on a Group basis. A fundamental tenet of the Group\u2019s Overdue up to 30 days 3,065 (7) 0.24% policy of managing credit risk is customer selectivity. The Group has many custom- Overdue up to 30 and 60 days 281 (4) 1.25% ers in its various geographies and therefore there is no concentration of credit. The Overdue up to 60 and 90 days 623 (8) 1.30% Group\u2019s largest customers are prominent international companies and, while none of these represent a material percentage of total sales, outstanding receivables Overdue up to 90 and 120 days 249 (3) 1.40% from these are regularly monitored and contained within reasonable limits. Large Overdue up to 120 and 150 days 72 (61) 84.0% value sales are authorised by the Heads of the Divisions, the CFO or the CEO, and Overdue more than 150 days 1,509 (1,300) 86.1% require customers to pay a deposit or pay in advance. The Group has a credit policy which is used to manage this credit exposure. Total 28,389 (1,396) The Group requires that provisions for doubtful debts are recorded not only to cover exposure relative to specific accounts in difficulty but also for accounts EUR 000s 2023 Expected credit loss Expected credit loss, % receivables balances which are past due for periods in excess of normal trading Not yet due 24,046 (60) 0.25% terms. Overdue up to 30 days 4,634 (19) 0.42% Overdue up to 30 and 60 days 1,087 (12) 1.08% Overdue up to 60 and 90 days 943 (13) 1.38% Overdue up to 90 and 120 days 189 (3) 1.69% Overdue up to 120 and 150 days 39 (38) 97.02% Overdue more than 150 days 2,103 (2,092) 99.49% Total 33,040 (2,236) In the category \u201cNot yet due\u201d, EUR 0.8 million (2023: 2.9 million) are under contract assets. At 31 December, 2024 EUR 1.4 million (2023: EUR 2.2 million) have been provisioned according to the percentages of expected credit loss shown in the table. NET DEBT Cash and Short-term Long-term Lease Net Net Debt is defined as financial liabilities (excluding lease liabilities) minus cash and EUR 000\u2019s cash equivalents debt debt liabilities position cash equivalents and current financial assets. Opening balance 1 January, 2024 15,056 \u2013 (22,000) (11,694) (18,638) EUR 000s 2024 2023 Cash flows (3,994) (128) 8,000 3,136 Cash and cash equivalents 11,597 15,056 Currency exchange differences 535 \u2013 \u2013 (760) Short-term debt (128) \u2013 Other non-cash movements \u2013 \u2013 \u2013 (3,408) Long-term debt (14,000) (22,000) Closing balance 31 December, 2024 11,597 (128) (14,000) (12,726) (15,257) Total (2,531) (6,944) Cash and Short-term Long-term Lease Net EUR 000\u2019s cash equivalents debt debt liabilities position Note that long-term debt excludes issuance costs. See note 21. Opening balance 1 January, 2023 9,625 (4,914) (22,000) (13,040) (30,328) Cash flows 7,075 4,696 \u2013 3,516 \u2013 Currency exchange differences (1,644) \u2013 \u2013 (1,810) \u2013 Other non-cash movements \u2013 218 \u2013 (360) \u2013 Closing balance 31 December, 2023 15,056 \u2013 (22,000) (11,694) (18,638) LIQUIDITY RISK 2024 Liquidity risk is managed by the Group treasury, which ensures adequate coverage EUR 000s Less than 1 year 1 to 3 years 3 to 5 years More than 5 years of cash needs by entering into short, medium and long-term financial instruments to support operational and other funding requirements. The Board reviews and Bank overdraft (128) \u2013 \u2013 \u2013 approves the maximum long-term funding of the Group and on an on-going basis Long-term debt (713) (14,356) \u2013 \u2013 considers any related matters on at least an annual basis. Short- and medium-term Lease liabilities (3,805) (8,756) (4,621) (2,689) requirements are regularly reviewed and managed by the centralised treasury oper- ation within the parameters set by the Board. Trade payables (21,900) \u2013 \u2013 \u2013 The Group\u2019s liquidity and funding management process includes projecting cash Other payables (12,857) \u2013 \u2013 \u2013 flows and considering the level of liquid assets in relation thereto, monitoring Bal- Total (39,403) (23,112) (4,621) (2,689) ance Sheet liquidity and maintaining a diverse range of funding sources and back-up facilities. The Board reviews Group forecasts, including cash flow forecasts, on a Cash and cash equivalents 11,597 \u2013 \u2013 \u2013 quarterly basis. The Group treasury collects cash forecasts from group companies more frequently to assess the short and medium-term Group\u2019s requirements. Group 2023 treasury works closely with the local finance managers and divisions in order to identify and monitor relevant cash items with the goal to assure a promptly collec- EUR 000s Less than 1 year 1 to 3 years 3 to 5 years More than 5 years tion of receivables. These assessments ensure the Group responds to possible Long-term debt (2,084) (23,042) \u2013 \u2013 future cash constraints in a timely manner. Operating finance requirements of group Lease liabilities (3,142) (4,364) (3,462) (1,603) companies are managed by the Group treasury, which is also responsible for invest- ing liquid surplus assets not immediately required by operating companies. Trade payables (26,004) \u2013 \u2013 \u2013 In June 2020, Cavotec secured a EUR 40 million long-term financing by signing a Other payables (11,320) \u2013 \u2013 \u2013 five-year agreement with Credit Suisse (now part of UBS group), Banca dello Stato Total (42,550) (27,406) (3,462) (1,603) del Cantone Ticino and Privat Debt Fund SA. During 2024, it was agreed with the lenders to extend the current financing for 2 extra years, until June 2027. Cash and cash equivalents 15,056 \u2013 \u2013 \u2013 The syndicated loan facility bears interest for each interest period at a rate per annum equal to EURIBOR plus a variable margin which will be adjusted every quarter The long term debt includes the maturity analysis based on the contractual undiscounted cashflow. The interests are included using an average interest rate of 5.08%. to reflect any changes in the ratio of net debt (including lease liabilities) to consoli- dated adjusted EBITDA as determined on a rolling basis. The loans are subject to certain restrictive covenants, including, but not limited to, additional borrowing, cer- 2024 tain financial ratios, limitations on acquisitions and disposals of assets. If the finan- cial covenants are not met and their breach is not remedied within a certain period or Credit facilities the lenders do not waive the covenants, there may grounds for termination under Total credit Syndicated facility Syndicated facility the conditions of the credit facility. EUR 000s Total credit facilities facilities utilisation utilisation (loan) utilisation (guarantees) As of 31 December, 2024, the Group\u2019s total available credit facilities, which Non-current financial liabilities 40,000 14,569 14,000 569 related to the above mentioned syndicated loan facility agreement and to other Total 40,000 14,569 14,000 569 credit facilities with local banks, amounted to EUR 40 million, of which EUR 14.57 mil- lion was utilized (2023: 26.3 million). In the EUR 14.57 million, EUR 0.13 million are related to bank overdraft and EUR 0.44 million are related to bank guarantees that 2023 are not included in the balance sheet statements; for more information please see Credit facilities note 35 of the consolidated financial statements. The table below analyses the Total credit Syndicated facility Syndicated facility Group\u2019s financial liabilities, excluding trade payables, into relevant maturity group- EUR 000s Total credit facilities facilities utilisation utilisation (loan) utilisation (guarantees) ings based on the remaining period at the reporting date to the contractual maturity date against the cash and cash equivalent balances. Non-current financial liabilities 40,000 26,275 22,000 4,275 As of 31 December, 2024, the Group has insurance guarantees facilities for an Total 40,000 26,275 22,000 4,275 amount of EUR 7 million of which EUR 4.6 million was utilised. In the syndicated facility utilisation, EUR 14.0 million are utilized as loans and EUR 0.57 million are utilised as standby letter of credits and guarantees. The Group does not have collateral or credit enhancements that would influence its credit exposure. The maximum exposure to credit risk is the carrying amount of each clas of financial asset. CAPITAL RISK MANAGEMENT EUR 000s 2024 2023 The Group and the Company\u2019s objectives when managing capital are to safeguard Total interest bearing liabilities (26,854) (33,694) their ability to continue as a going concern, so that they can continue to provide returns for shareholders and benefits for other stakeholders and to maintain an opti- Cash and cash equivalents 11,597 15,056 mal capital structure that reduces the cost of capital. In order to maintain or adjust Net debt (15,257) (18,638) the capital structure, the Group may adjust the amount of dividends paid to share- Senior net debt (15,257) (18,638) holders, return capital to shareholders, issue new shares or sell assets to reduce debt. The Group monitors capital on the basis of its debt to equity ratio calculated by Total equity (59,862) (56,562) comparing senior Net Debt to Total equity. In monitoring the level of indebtedness, Senior net debt/equity ratio 25.5% 33.0% on-going attention is given by management to the level of net debt, leverage ratio and assets to equity ratio calculated in accordance to the Groups financing facility. Equity/asset ratio 40.4% 36.0% Leverage ratio 0.91x 1.29x The ratios at 31 December 2024 and 31 December 2023 (both including the impact of IFRS 16) were as follows: The Group has to comply to the following financial covenants: The Leverage Ratio (Net Senior Debt on the last day of that relevant period to adjusted EBITDA in respec of that relevant period) and The Equity Ratio. The Leverage Ratio for the Group (on a consolidated basis) shall amount to a max imum of 4.00x for the testing period ending on 31 December 2023 and 3.5x for each testing period ending thereafter, according to the Amendment Agreement dated June 2023. The Equity Ratio for the Group (on a consolidated basis) shall amount to a mini- mum of 30% for each testing period ending in 2023 and 32.5% for each testing period ending thereafter, according to the Amendment Agreement dated 9 March 2023.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfFinancialRiskManagementExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-353": {
"value": "MARKET RISK Currency risk Generally, the Group offers customers the option of paying in local currencies through our global sales organisation. As a result, the Group is continuously exposed to currency risks in accounts receivables denominated in foreign currency and in future sales to foreign customers. This issue of international pricing is under con- stant attention at the highest levels of management. As the Group trades across many countries, purchasing and selling in various currencies, there is a natural hedge within the Group\u2019s overall activities. The exchange rates listed here below are used to prepare the Financial Statements. At 31 December 2024, had the Euro weakened/strengthened by 10% against for- eign currencies to which the Group is exposed, with all other variables held constant, profit for the year and equity would have been EUR 150 thousands higher/lower (2023: 336 thousands). This is mainly a result of foreign exchange gains/losses on translation of financial assets and liabilities denominated in currencies other than Euro and in respect of operations in non-Euro jurisdictions for financial assets and liabilities not in their local currency. A sensitivity of 10% has been selected as this is considered reasonable given the current level of exchange rates and the volatility observed both on an historical basis and market expectations for future moves. In order to assess the potential impact on the Income Statement assets and liabilities in the same currency used by the rele- vant entity in its reporting were excluded from the sensitivity analysis. 2024 Currency Average rate Year end rate AED 3.98 3.82 ARS 990.74 1072.80 AUD 1.54 1.68 BRL 5.83 6.42 BHD 0.41 0.39 CAD 1.48 1.49 CHF 0.95 0.94 DKK 7.46 7.46 EUR 1.00 1.00 GBP 0.85 0.83 HKD 8.44 8.07 INR 90.56 88.93 KRW 1475.40 1532.15 NOK 11.63 11.79 NZD 1.79 1.85 QAR 3.94 3.79 RMB 7.79 7.58 RUB 87.72 115.48 SEK 11.43 11.46 SGD 1.44 1.42 USD 1.08 1.04 ZAR 19.83 19.62 2024 2023
EUR 000s EUR -10% EUR +10% EUR -10% EUR +10%
Receivables 1,204 (1,204) 1,226 (1,226)
Payables (1,490) 1,490 (1,523) 1,523
Financial assets 449 (449) 633 (633)
Financial liabilities (13) 13 \u2013 \u2013
Total increase/(decrease) 150 (150) 336 (336)
The carrying amounts of the Group\u2019s trade receivables, trade payables and contract liabilities are held in the following currencies:
2024 2023
Trade payables and
Trade payables and
EUR
000s Receivables
contract liabilities Receivables
contract liabilities
EUR 14,123 (24,933) 15,679 (30,046)
USD 5,332 (4,285) 4,781 (7,182)
RMB 2,520 (6,663) 2,566 (5,638)
AED 73 (11) \u2013 (25)
GBP 628 (381) 713 (51)
SEK 165 (281) 798 (317)
NOK 444 (91) 1,282 (124)
AUD 1,873 (2,279) 1,713 (878)
CHF \u2013 (94) \u2013 (282)
INR 786 (695) 372 (629)
RUB \u2013 \u2013 \u2013 \u2013
BHD \u2013 \u2013 \u2013 \u2013
Other 219 (122) 38 (100)
Total 26,163 (39,835) 27,942 (45,272)
Financial assets and financial liabilities held at year end are held in the following currencies (data include lease liabilities): 2024 2023 EUR 000s Financial assets Financial liabilities Financial assets Financial liabilities EUR 7,397 (13,601) 8,798 (21,468) USD 1,706 \u2013 1,308 \u2013 RMB 672 \u2013 1,547 \u2013 AED 55 \u2013 37 \u2013 GBP 146 \u2013 429 \u2013 SEK 231 \u2013 270 \u2013 NOK 331 \u2013 66 \u2013 AUD 325 \u2013 1,119 \u2013 CHF 129 (128) 74 \u2013 HKD 24 \u2013 21 \u2013 INR 497 \u2013 1,087 \u2013 RUB \u2013 \u2013 \u2013 \u2013 Other 372 \u2013 369 \u2013 Total 11,885 (13,729) 15,124 (21,468) The following tables present the Group\u2019s assets and liabilities measured at fair value by valuation method at 31 December 2024 and at 31 December 2023: 2024 EUR 000s Level 1 Level 2 Level 3 Total Assets Assets held for sale \u2013 \u2013 \u2013 \u2013 Total assets \u2013 \u2013 \u2013 \u2013 Liabilities Non-current trading derivatives \u2013 \u2013 \u2013 \u2013 Total liabilities \u2013 \u2013 \u2013 \u2013 2023 EUR 000s Level 1 Level 2 Level 3 Total Assets Assets held for sale 1,814 \u2013 \u2013 1,814 Total assets 1,814 \u2013 \u2013 1,814 Liabilities \u2013 \u2013 \u2013 \u2013 Non-current trading derivatives \u2013 \u2013 \u2013 \u2013 Total liabilities \u2013 \u2013 \u2013 \u2013 Total liabilities \u2013 \u2013 \u2013 \u2013 As of 31 December 2024, assets held for sale amount to zero. The Trondheim building in Norway, previously classified as an asset held for sale with a book value of EUR 1.8 million as of 2023, was derecognised following the sale in February 2024, reducing the asset value to zero. Interest rate risk Interest rate risk management is aimed at balancing the structure of the debt, mini- mising borrowing costs over time and limiting the volatility of results. The Group is party to fixed interest rate loan agreements in the normal course of business in order to eliminate the exposure to increases in interest rates in the future. The amount of floating rate debt is the main factor that could impact the Statement of Comprehen- sive Income in the event of an increase in market rates. At 31 December, 2024 100% of the debt was floating rate (2023: 100%). A fluctuation of 1% in interest rates would have in absolute terms an impact of EUR 140 thousands in the profit and loss state- ment. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfMarketRiskExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-354": {
"value": "Fair value estimation Financial assets and liabilities recorded at fair value in the Consolidated Financial Statements are categorised based upon the level of judgement associated with the inputs used to measure their fair value. There are three hierarchical levels, based on an increasing amount of subjectivity associated with the inputs to derive fair valua- tion for these assets and liabilities, which are as follows: \u2022 Level 1: Determination of fair value based on quoted prices (unadjusted) for iden tical assets or liabilities in active markets \u2022 Level 2: Determination of fair value based on inputs other than the quoted prices of Level 1 but which are directly or indirectly observable \u2022 Level 3: Determination of fair value based on valuation models with inputs for the asset or liability that are not based on observable market data. ",
"dimensions": {
"concept": "ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-355": {
"value": "CREDIT RISK
EUR 000s 2024 Expected credit loss Expected credit loss, %
Credit risk arises from cash and cash equivalents, deposits with banks, as well as
Not yet due 22,590 (13) 0.06%
credit exposures to customers, including outstanding receivables and committed
transactions and it is managed on a Group basis. A fundamental tenet of the Group\u2019s
Overdue up to 30 days 3,065 (7) 0.24%
policy of managing credit risk is customer selectivity. The Group has many custom-
Overdue up to 30 and 60 days 281 (4) 1.25%
ers in its various geographies and therefore there is no concentration of credit. The
Overdue up to 60 and 90 days 623 (8) 1.30%
Group\u2019s largest customers are prominent international companies and, while none
of these represent a material percentage of total sales, outstanding receivables
Overdue up to 90 and 120 days 249 (3) 1.40%
from these are regularly monitored and contained within reasonable limits. Large
Overdue up to 120 and 150 days 72 (61) 84.0%
value sales are authorised by the Heads of the Divisions, the CFO or the CEO, and
Overdue more than 150 days 1,509 (1,300) 86.1%
require customers to pay a deposit or pay in advance. The Group has a credit policy
which is used to manage this credit exposure.
Total 28,389 (1,396)
The Group requires that provisions for doubtful debts are recorded not only to
cover exposure relative to specific accounts in difficulty but also for accounts
EUR 000s 2023 Expected credit loss Expected credit loss, %
receivables balances which are past due for periods in excess of normal trading
Not yet due 24,046 (60) 0.25%
terms.
Overdue up to 30 days 4,634 (19) 0.42%
Overdue up to 30 and 60 days 1,087 (12) 1.08%
Overdue up to 60 and 90 days 943 (13) 1.38%
Overdue up to 90 and 120 days 189 (3) 1.69%
Overdue up to 120 and 150 days 39 (38) 97.02%
Overdue more than 150 days 2,103 (2,092) 99.49%
Total 33,040 (2,236)
In the category \u201cNot yet due\u201d, EUR 0.8 million (2023: 2.9 million) are under contract assets.
At 31 December, 2024 EUR 1.4 million (2023: EUR 2.2 million) have been provisioned according to the percentages of expected credit loss shown in the table.
NET DEBT
Cash and
Short-term
Long-term
Lease
Net
Net Debt is defined as financial liabilities (excluding lease liabilities) minus cash and
EUR 000\u2019s
cash equivalents
debt
debt
liabilities
position
cash equivalents and current financial assets.
Opening balance 1 January, 2024 15,056 \u2013 (22,000) (11,694) (18,638)
EUR 000s 2024 2023
Cash flows (3,994) (128) 8,000 3,136
Cash and cash equivalents 11,597 15,056
Currency exchange differences 535 \u2013 \u2013 (760)
Short-term debt (128) \u2013
Other non-cash movements \u2013 \u2013 \u2013 (3,408)
Long-term debt (14,000) (22,000)
Closing balance 31 December, 2024 11,597 (128) (14,000) (12,726) (15,257)
Total (2,531) (6,944)
Cash and
Short-term
Long-term
Lease
Net
EUR 000\u2019s
cash equivalents
debt
debt
liabilities
position
Note that long-term debt excludes issuance costs. See note 21.
Opening balance 1 January, 2023 9,625 (4,914) (22,000) (13,040) (30,328)
Cash flows 7,075 4,696 \u2013 3,516 \u2013
Currency exchange differences (1,644) \u2013 \u2013 (1,810) \u2013
Other non-cash movements \u2013 218 \u2013 (360) \u2013
Closing balance 31 December, 2023 15,056 \u2013 (22,000) (11,694) (18,638)
",
"dimensions": {
"concept": "ifrs-full:DisclosureOfCreditRiskExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-356": {
"value": "LIQUIDITY RISK 2024 Liquidity risk is managed by the Group treasury, which ensures adequate coverage EUR 000s Less than 1 year 1 to 3 years 3 to 5 years More than 5 years of cash needs by entering into short, medium and long-term financial instruments to support operational and other funding requirements. The Board reviews and Bank overdraft (128) \u2013 \u2013 \u2013 approves the maximum long-term funding of the Group and on an on-going basis Long-term debt (713) (14,356) \u2013 \u2013 considers any related matters on at least an annual basis. Short- and medium-term Lease liabilities (3,805) (8,756) (4,621) (2,689) requirements are regularly reviewed and managed by the centralised treasury oper- ation within the parameters set by the Board. Trade payables (21,900) \u2013 \u2013 \u2013 The Group\u2019s liquidity and funding management process includes projecting cash Other payables (12,857) \u2013 \u2013 \u2013 flows and considering the level of liquid assets in relation thereto, monitoring Bal- Total (39,403) (23,112) (4,621) (2,689) ance Sheet liquidity and maintaining a diverse range of funding sources and back-up facilities. The Board reviews Group forecasts, including cash flow forecasts, on a Cash and cash equivalents 11,597 \u2013 \u2013 \u2013 quarterly basis. The Group treasury collects cash forecasts from group companies more frequently to assess the short and medium-term Group\u2019s requirements. Group 2023 treasury works closely with the local finance managers and divisions in order to identify and monitor relevant cash items with the goal to assure a promptly collec- EUR 000s Less than 1 year 1 to 3 years 3 to 5 years More than 5 years tion of receivables. These assessments ensure the Group responds to possible Long-term debt (2,084) (23,042) \u2013 \u2013 future cash constraints in a timely manner. Operating finance requirements of group Lease liabilities (3,142) (4,364) (3,462) (1,603) companies are managed by the Group treasury, which is also responsible for invest- ing liquid surplus assets not immediately required by operating companies. Trade payables (26,004) \u2013 \u2013 \u2013 In June 2020, Cavotec secured a EUR 40 million long-term financing by signing a Other payables (11,320) \u2013 \u2013 \u2013 five-year agreement with Credit Suisse (now part of UBS group), Banca dello Stato Total (42,550) (27,406) (3,462) (1,603) del Cantone Ticino and Privat Debt Fund SA. During 2024, it was agreed with the lenders to extend the current financing for 2 extra years, until June 2027. Cash and cash equivalents 15,056 \u2013 \u2013 \u2013 The syndicated loan facility bears interest for each interest period at a rate per annum equal to EURIBOR plus a variable margin which will be adjusted every quarter The long term debt includes the maturity analysis based on the contractual undiscounted cashflow. The interests are included using an average interest rate of 5.08%. to reflect any changes in the ratio of net debt (including lease liabilities) to consoli- dated adjusted EBITDA as determined on a rolling basis. The loans are subject to certain restrictive covenants, including, but not limited to, additional borrowing, cer- 2024 tain financial ratios, limitations on acquisitions and disposals of assets. If the finan- cial covenants are not met and their breach is not remedied within a certain period or Credit facilities the lenders do not waive the covenants, there may grounds for termination under Total credit Syndicated facility Syndicated facility the conditions of the credit facility. EUR 000s Total credit facilities facilities utilisation utilisation (loan) utilisation (guarantees) As of 31 December, 2024, the Group\u2019s total available credit facilities, which Non-current financial liabilities 40,000 14,569 14,000 569 related to the above mentioned syndicated loan facility agreement and to other Total 40,000 14,569 14,000 569 credit facilities with local banks, amounted to EUR 40 million, of which EUR 14.57 mil- lion was utilized (2023: 26.3 million). In the EUR 14.57 million, EUR 0.13 million are related to bank overdraft and EUR 0.44 million are related to bank guarantees that 2023 are not included in the balance sheet statements; for more information please see Credit facilities note 35 of the consolidated financial statements. The table below analyses the Total credit Syndicated facility Syndicated facility Group\u2019s financial liabilities, excluding trade payables, into relevant maturity group- EUR 000s Total credit facilities facilities utilisation utilisation (loan) utilisation (guarantees) ings based on the remaining period at the reporting date to the contractual maturity date against the cash and cash equivalent balances. Non-current financial liabilities 40,000 26,275 22,000 4,275 As of 31 December, 2024, the Group has insurance guarantees facilities for an Total 40,000 26,275 22,000 4,275 amount of EUR 7 million of which EUR 4.6 million was utilised. In the syndicated facility utilisation, EUR 14.0 million are utilized as loans and EUR 0.57 million are utilised as standby letter of credits and guarantees. The Group does not have collateral or credit enhancements that would influence its credit exposure. The maximum exposure to credit risk is the carrying amount of each clas s of financial asset. ",
"dimensions": {
"concept": "ifrs-full:DisclosureOfLiquidityRiskExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fact-357": {
"value": "DIVIDEND POLICY AND DIVIDEND Cavotec\u2019s target is to distribute dividends of approximately 30-50% of net profits over a business cycle. Any pay-out decision will be based on the company\u2019s financial position, investment needs, acquisitions and liquidity position. The Board of Directors proposes to the Annual General Meeting 2025 that no dividend be paid for the 2024 financial year.",
"dimensions": {
"concept": "ifrs-full:DisclosureOfDividendsExplanatory",
"language": "en",
"entity": "scheme:549300W82KU6CIGQP689",
"period": "2024-01-01T00:00:00/2025-01-01T00:00:00"
}
},
"fid-d774b5a6-fe3a-4850-980f-1588d1f3d59a": {
"value": "related to Employees share scheme shows the accrual for pension plans. The notes",
"dimensions": {
"concept": "xbrl:note",
"noteId": "fid-d774b5a6-fe3a-4850-980f-1588d1f3d59a",
"language": "en"
}
}
}
}