Playtech

PTEC · Main Market · Travel and Leisure · mcap £1,009m · 362.6p

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Financials · balance sheet 30 Jun 26 · last twelve months · today’s market value

Source: results 10 Sep 26 ↗

Key figures Cash & debt Profit & cash flow Valuation Returns & quality Latest half-year

Market cap: £1,122m
Owner’s net cash: £108.1m
Net cash / market cap: 10%
EV ex leases: £351.5m
Revenue: £697.0m
Free cash flow after leases: £0.9m
FCF yield: 0.1%
Price / tangible book: 1.08×
Net income (owners): £29.8m

Hover or tap a figure for its formula and the values used – the names are the line names of the key figures below. Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Key figures As reported

Income statement Balance sheet Cash flow

Annual Half-yearly

Standardised line items in £m, comparable across companies – figures the company reported in EUR are converted to £ at the average rate of each period (balance sheets: at the date); when a later report restated a period, the later figure is shown and marked ^r (hover for the figure first reported). Italic = calculated (LTM, H2 = FY − H1); a year of other than 12 months is marked (15m). Hover a value for its source.

Latest report: H1 26 (six months to 30 Jun 26), published 10 Sep 26 · read the results ↗

Source ↗

	2026 Actual €’m	2026 Adjusted €’m	2025 Actual €’m	2025 Adjusted 1 €’m
Continuing operations
Revenue	425.1	425.1	387.0	387.0
Distribution costs before depreciation and amortisation	(250.4)	(246.8)	(266.2)	(265.3)
Administrative expenses before depreciation and amortisation	(80.4)	(46.1)	(118.0)	(49.1)
Impairment of financial assets	(23.2)	(3.9)	(0.8)	(0.8)
Share of profit from investment in associates 15A	9.2	27.7	6.8	17.7
Dividend income 15B	4.4	4.4	2.1	2.1
Realised gain on partial disposal of equity investments 15B	2.1	2.1	–	–
Other income	–	–	2.0	–
EBITDA	86.8	162.5	12.9	91.6
Depreciation and amortisation	(50.1)	(49.5)	(46.2)	(44.8)
Impairment of intangible assets	–	–	(5.1)	–
Provision against assets held for sale	(3.3)	–	–	–
Profit on disposal of assets held for sale	–	–	1.3	–
Finance income 11A	11.5	11.5	11.0	11.0
Finance costs 11B	(12.6)	(12.6)	(27.9)	(26.6)
Unrealised fair value changes of equity investments 15B	69.0	–	26.4	–
Unrealised fair value changes of derivative financial assets	11.7	–	(31.2)	–
Profit/(Loss) before taxation from continuing operations	113.0	111.9	(58.8)	31.2
Income tax expense	(14.9)	(16.9)	(19.3)	(14.6)
Profit/(Loss) after taxation from continuing operations	98.1	95.0	(78.1)	16.6
Profit from discontinued operations, net of tax	–	–	1,653.8	76.5
Profit for the period – total	98.1	95.0	1,575.7	93.1
Other comprehensive income/(loss)
Items that are or may be classified subsequently to profit or loss
Exchange profit/(loss) arising on translation of foreign operations	27.2	27.2	(87.0)	(87.0)
Other comprehensive income/(loss) for the period	27.2	27.2	(87.0)	(87.0)
Total comprehensive income for the period	125.3	122.2	1,488.7	6.1
Profit for the period attributable to the owners of the Company
Owners of the Company	98.1	95.0	1,575.8	93.2
Non-controlling interests	–	–	(0.1)	(0.1)
Total profit for the period attributable to the owners of the Company	98.1	95.0	1,575.7	93.1
Total comprehensive income attributable to the owners of the Company
Owners of the Company	125.3	122.2	1,488.8	6.2
Non-controlling interests	–	–	(0.1)	(0.1)
	125.3	122.2	1,488.7	6.1
Earnings per share attributable to the ordinary equity holders of the Company
Profit or loss – total
Basic (cents)	34.9	33.8	511.8	30.3
Diluted (cents)	34.2	33.1	511.8	30.3
Profit or loss from continuing operations
Basic (cents)	34.9	33.8	(25.4)	5.4
Diluted (cents)	34.2	33.1	(25.4)	5.4

Source ↗

	30 June 2026 €’m	Audited 31 December 2025 €’m
ASSETS
Property, plant and equipment	97.6	95.6
Right-of-use assets	43.2	31.1
Intangible assets	294.9	295.0
Investments in associates 15A	768.0	775.7
Other investments 15B	259.5	185.0
Derivative financial assets	106.6	86.0
Deferred tax asset	37.7	17.2
Trade receivables	6.6	6.6
Other non-current assets	91.2	93.8
Non-current assets	1,705.3	1,586.0
Trade receivables	123.1	133.2
Other receivables	55.4	54.1
Inventories	2.6	1.9
Cash and cash equivalents	424.4	424.3
	605.5	613.5
Assets classified as held for sale	4.0	8.0
Current assets	609.5	621.5
TOTAL ASSETS	2,314.8	2,207.5
EQUITY
Additional paid in capital	611.8	611.8
Employee Benefit Trust	(100.3)	(78.6)
Foreign exchange reserve	(56.8)	(84.0)
Retained earnings	1,046.5	935.4
Equity attributable to equity holders of the Company	1,501.2	1,384.6
Non-controlling interests	(0.4)	(0.4)
TOTAL EQUITY	1,500.8	1,384.2
LIABILITIES
Bonds	298.9	298.6
Lease liability	39.1	21.5
Deferred revenues	11.9	5.7
Deferred tax liability	47.2	32.9
Non-current income tax payable	4.4	4.4
Other non-current liabilities	7.1	21.5
Non-current liabilities	408.6	384.6
Trade payables	57.0	52.0
Lease liability	14.5	17.2
Progressive operators’ jackpots and security deposits	90.1	97.5
Client funds	0.2	1.5
Income tax payable	27.1	44.8
Gaming and other taxes payable	9.2	4.9
Deferred revenues	16.5	16.9
Deferred and contingent consideration	–	8.6
Provisions for risks and charges	0.9	2.1
Other payables	185.9	188.8
	401.4	434.3
Liabilities directly associated with assets classified as held for sale	4.0	4.4
Current liabilities	405.4	438.7
TOTAL LIABILITIES	814.0	823.3
TOTAL EQUITY AND LIABILITIES	2,314.8	2,207.5

Source ↗

	2026 €’m	2025 €’m
CASH FLOWS FROM OPERATING ACTIVITIES
Profit for the period	98.1	1,575.7
Adjustments to reconcile net income to net cash provided by operating activities (see below)	(4.8)	(1,549.0)
Net taxes paid	(38.2)	(28.2)
Net cash from/(used in) operating activities	55.1	(1.5)
CASH FLOWS FROM INVESTING ACTIVITIES
Loans granted	(1.0)	(7.2)
Loans repaid	0.2	6.5
Interest received on loans receivable	0.1	–
Interest received	3.7	11.9
Dividend received	42.0	2.3
Acquisition of property, plant and equipment	(20.9)	(21.4)
Acquisition of intangible assets	–	(19.2)
Capitalised development costs	(21.2)	(23.1)
Acquisition of investments at fair value through profit or loss	(6.2)	(1.1)
Acquisition of investment in associates	–	(6.6)
Proceeds from the partial disposal of equity investments 15B	2.4	–
Proceeds from the sale of property, plant and equipment and intangible assets	0.5	0.4
Proceeds from disposal of Snaitech, net of cash disposed	–	2,014.4
Proceeds from disposal of assets held for sale	–	5.9
Net cash (used in)/from investing activities	(0.4)	1,962.8
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid to the equity holders of the Parent Company	–	(1,766.2)
Share buyback	(24.6)	–
Interest paid on bonds and loans and borrowings	(8.8)	(13.5)
Repayment of 2019 Bond	–	(150.0)
Payment of contingent consideration	(9.0)	(0.7)
Principal paid on lease liability	(9.4)	(11.7)
Interest paid on lease liability	(2.1)	(2.1)
Net cash used in financing activities	(53.9)	(1,944.2)
INCREASE IN CASH AND CASH EQUIVALENTS	0.8	17.1
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	426.2	454.0
Exchange gain on cash and cash equivalents	1.5	0.2
CASH AND CASH EQUIVALENTS AT END OF PERIOD	428.5	471.3
Cash and cash equivalents consists of
Cash and cash equivalents – continuing operations	424.5	469.0
Cash and cash equivalents – treated as held for sale	4.0	2.3
Total cash and cash equivalents consists of	428.5	471.3
Income and expenses not affecting operating cash flows
Depreciation on property, plant and equipment	19.3	17.9
Amortisation of intangible assets	21.5	20.6
Amortisation of right-of-use assets	10.2	9.1
Capitalisation of amortisation of right-of-use assets	(0.3)	(0.4)
Impact on early termination of lease contracts	(0.5)	(1.2)
Share of profit from investments in associates 15A	(9.2)	(6.8)
Expected credit loss on NorthStar financial guarantee	16.2	–
Impairment of intangible assets	–	5.1
Impairment and expected credit losses on loans receivable	3.1	0.3
Provision against assets held for sale	3.3	–
Profit on disposal of assets held for sale	–	(1.3)
Profit on disposal of Snaitech	–	(1,613.1)
Changes in fair value of equity investments 15B	(69.0)	(26.4)
Changes in fair value of derivative financial assets	(11.7)	31.2
Dividend income 15B	(4.4)	(2.1)
Interest on bonds and loans and borrowings 11B	9.0	12.2
Interest on lease liability 11B	2.1	2.1
Interest income on loans receivable	(2.3)	(2.0)
Interest income from banks and other	(3.7)	(11.9)
Income tax expense	14.9	62.8
Changes in equity-settled share-based payments	15.9	3.0
Movement in contingent consideration	–	1.3
Unrealised exchange (gain)/loss	(4.2)	8.5
Profit on partial disposal of equity investments	(2.1)	–
Profit on disposal of property, plant and equipment and intangible assets	(0.1)	(0.2)

Source ↗

	2025 Adjusted €'m 1	2025 Actual €'m 2	2024 Adjusted €'m	2024 1,2
Continuing operations
Revenue	763.6	763.6	848.0	848.0
Distribution costs before depreciation and amortisation	(520.3)	(516.3)	(553.0)	(527.2)
Administrative expenses before depreciation and amortisation	(229.8)	(110.3)	(156.7)	(95.5)
Impairment of Sun Bingo prepayment	(52.9)	-	-	-
Impairment of financial assets	(11.6)	(2.7)	(10.6)	(10.6)
Share of profit/(loss) from investment in associates 20A	20.0	51.5	(3.8)	(0.5)
Dividend income 20A, 20B	10.3	10.3	3.3	3.3
Other income	15.0	0.9	-	-
EBITDA	(5.7)	197.0	127.2	217.5
Depreciation and amortisation	(98.8)	(96.7)	(104.2)	(98.0)
Impairment of property, plant and equipment, intangible assets and right of use assets	(20.9)	-	(120.2)	-
Reversal/(Provision) against asset held for sale	1.5	-	(4.3)	-
Profit on disposal on the sale of asset held for sale 25B, 25C	1.3	-	-	-
Loss on disposal of property, plant and equipment and intangible assets	-	-	(0.9)	(0.9)
Finance income 13A	18.9	18.6	26.9	26.9
Finance costs 13B	(47.7)	(47.7)	(46.5)	(42.7)
Unrealised fair value changes of equity investments 20B	49.7	-	51.1	-
Unrealised fair value changes of derivative financial assets	(26.9)	-	61.5	-
Profit/(Loss) before taxation from continuing operations	(128.6)	71.2	(9.4)	102.8
Income tax expense	(40.9)	(27.0)	(127.1)	(41.0)
Profit/(Loss) after taxation from continuing operations	(169.5)	44.2	(136.5)	61.8
Profit from discontinued operations, net of tax	1,653.8	76.5	112.3	164.7
Profit/(Loss) for the year - total	1,484.3	120.7	(24.2)	226.5
Other comprehensive (loss)/income
Items that are or may be classified subsequently to profit or loss
Exchange (loss)/gain arising on translation of foreign operations	(89.3)	(89.3)	12.7	12.7
Other comprehensive (loss)/income for the year	(89.3)	(89.3)	12.7	12.7
Total comprehensive income/(loss) for the year	1,395.0	31.4	(11.5)	239.2
Profit/(Loss) for the year attributable to the owners of the Company
Owners of the Company	1,484.2	120.6	(23.9)	226.8
Non-controlling interests	0.1	0.1	(0.3)	(0.3)
Total profit/(Loss) for the year attributable to the owners of the Company	1,484.3	120.7	(24.2)	226.5
Total comprehensive income/(loss) attributable to the owners of the Company
Owners of the Company	1,394.9	31.3	(11.2)	239.5
Non-controlling interests	0.1	0.1	(0.3)	(0.3)
	1,395.0	31.4	(11.5)	239.2
Earnings per share attributable to the ordinary equity holders of the Company
Profit or loss - total
Basic (cents)	486.6	39.5	(7.8)	74.3
Diluted (cents)	486.6	39.5	(7.8)	74.3
Profit or loss from continuing operations
Basic (cents)	(55.6)	14.5	(44.6)	20.3
Diluted (cents)	(55.6)	14.5	(44.6)	20.3

Source ↗

	2025 €'m	2024 €'m
ASSETS
Property, plant and equipment	95.6	93.9
Right of use assets	31.1	34.0
Intangible assets	295.0	314.1
Investments in associates 20A	775.7	76.4
Other investments 20B	185.0	152.1
Derivative financial assets	86.0	895.0
Deferred tax asset	17.2	16.6
Trade receivables	6.6	-
Other non-current assets	93.8	147.0
Non-current assets	1,586.0	1,729.1
Trade receivables	133.2	141.6
Other receivables	54.1	85.8
Inventories	1.9	6.9
Cash and cash equivalents	424.3	268.1
	613.5	502.4
Assets classified as held for sale	8.0	1,066.4
Current assets	621.5	1,568.8
TOTAL ASSETS	2,207.5	3,297.9
EQUITY
Additional paid in capital	611.8	611.8
Employee termination indemnities	-	0.4
Employee Benefit Trust	(78.6)	(8.7)
Foreign exchange reserve	(84.0)	5.3
Retained earnings	935.4	1,206.8
Equity attributable to equity holders of the Company	1,384.6	1,815.6
Non-controlling interests	(0.4)	(0.5)
TOTAL EQUITY	1,384.2	1,815.1
LIABILITIES
Bonds	298.6	447.7
Lease liability	21.5	26.5
Deferred revenues	5.7	1.1
Deferred tax liability	32.9	19.2
Non-current income tax payable	4.4	-
Deferred and contingent consideration	-	9.8
Other non-current liabilities	21.5	15.1
Non-current liabilities	384.6	519.4
Trade payables	52.0	61.6
Lease liability	17.2	19.8
Progressive operators' jackpots and security deposits	97.5	99.8
Client funds	1.5	2.5
Income tax payable	44.8	45.0
Gaming and other taxes payable	4.9	4.8
Deferred revenues	16.9	5.8
Deferred and contingent consideration	8.6	8.1
Provisions for risks and charges	2.1	-
Other payables	188.8	210.8
	434.3	458.2
Liabilities directly associated with assets classified as held for sale	4.4	505.2
Current liabilities	438.7	963.4
TOTAL LIABILITIES	823.3	1,482.8
TOTAL EQUITY AND LIABILITIES	2,207.5	3,297.9

Source ↗

	2025 €'m	2024 €'m
CASH FLOWS FROM OPERATING ACTIVITIES
Profit/(Loss) for the year	1,484.3	(24.2)
Adjustments to reconcile net income to net cash provided by operating activities (see below)	(1,379.2)	452.7
Net taxes paid	(47.7)	(37.4)
Net cash from operating activities	57.4	391.1
CASH FLOWS FROM INVESTING ACTIVITIES
Loans granted	(14.8)	(28.1)
Loans repaid	6.9	2.8
Interest received on loans receivable	0.2	-
Interest received	17.3	22.9
Dividend income 20A, 20B	43.5	3.5
Acquisition of subsidiaries/assets under business combinations, net of cash acquired	-	(12.0)
Acquisition of property, plant and equipment	(45.8)	(62.3)
Acquisition of intangible assets	(19.2)	(44.7)
Capitalised development costs	(45.3)	(48.8)
Acquisition of investment in associates 20A	(6.6)	(18.9)
Acquisition of investments at fair value through profit or loss	(1.1)	(4.9)
Proceeds from the sale of property, plant and equipment and intangible assets	1.2	2.1
Proceeds from disposal of Snaitech, net of cash disposed 25A	2,014.4	-
Proceeds from disposal of assets held for sale 25B, 25C	5.9	-
Net cash from/(used in) investing activities	1,956.6	(188.4)
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid to the equity holders of the parent company 26D	(1,766.2)	-
Share buyback 26B	(76.5)	-
Interest paid on bonds and loans and borrowings	(22.3)	(35.0)
Repayment of 2019 Bond	(150.0)	(200.0)
Payment of contingent consideration	(0.7)	(0.5)
Principal paid on lease liability	(21.9)	(25.8)
Interest paid on lease liability	(3.6)	(4.7)
Net cash used in financing activities	(2,041.2)	(266.0)
DECREASE IN CASH AND CASH EQUIVALENTS	(27.2)	(63.3)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	454.4	516.6
Exchange (loss)/gain on cash and cash equivalents	(1.0)	1.1
CASH AND CASH EQUIVALENTS AT END OF YEAR	426.2	454.4
Cash and cash equivalents consists of
Cash and cash equivalents - continuing operations	424.4	268.5
Cash and cash equivalents - treated as held for sale	1.8	185.9
Total cash and cash equivalents consists of	426.2	454.4
Income and expenses not affecting operating cash flows
Depreciation on property, plant and equipment	36.4	48.9
Amortisation of intangible assets	45.8	109.0
Amortisation of right of use assets	18.2	23.3
Capitalisation of amortisation of right of use assets	(0.7)	(1.2)
Impact on early termination of lease contracts	(1.1)	(0.3)
Share of (profit)/loss from associates 20A	(20.0)	3.8
Expected credit loss on Northstar financial guarantee 20A	4.5	-
Impairment and expected credit losses on loans receivable	11.7	2.6
Impairment of intangible assets, property, plant and equipment and right of use assets	20.9	120.2
Impairment of investment in associates 20A	8.2	-
(Reversal)/Provision against assets held for sale	(1.5)	4.3
Profit on disposal of assets held for sale 25B, 25C	(1.3)	-
Profit on disposal of Snaitech 25A	(1,613.1)	-
Impairment of Sunbingo prepayment	52.9	-
Changes in fair value of equity investments 20B	(49.7)	(51.1)
Changes in fair value of derivative financial assets	26.9	(61.5)
Dividend income 20A, 20B	(10.3)	(3.3)
Interest on bonds and loans and borrowings	21.4	34.0
Interest on lease liability	3.6	4.7
Interest income on loans receivable	(4.2)	(3.3)
Interest income from banks and other	(17.3)	(24.5)
Income tax expense	84.4	173.1
Changes in equity-settled share-based payment	16.8	5.3
Movement in contingent consideration	(0.3)	3.8
Unrealised exchange loss/(gain)	10.0	(5.7)
Loss on disposal of property, plant and equipment and intangible assets	0.2	0.6

	LTM Jun 26	FY 25	FY 24
Revenue to operating profit
Revenue	697.0	654.1	718.0
Adjusted EBITDA	232.6	168.8	184.2
EBITDA	–	(4.9)	107.7
Depreciation (owned assets)	32.9	31.2	41.4
Depreciation (right-of-use)	16.8	15.6	19.7
Amortisation	40.5	39.2	92.3
Share-based payments	25.7	14.4	4.5
Operating profit to net income
Finance costs	(28.3)	(40.9)	(39.4)
Profit before tax	37.4	(110.2)	(8.0)
Tax	(31.7)	(35.0)	(107.6)
Net income (owners)	29.8	1,271.4	(20.2)
Discontinued operations	24.3	1,416.7	95.1
Per share
EPS basic	17.0p	424.4p	(6.5p)
EPS diluted	16.4p	424.4p	(6.5p)

	H1 26	vs H1 25	H2 25	H1 25
Revenue to operating profit
Revenue	368.7	+13%	328.3	325.8
Adjusted EBITDA	140.9	+83%	91.6	77.1
Depreciation (owned assets)	16.7	+11%	16.1	15.1
Depreciation (right-of-use)	8.8	+15%	7.9	7.7
Amortisation	18.6	+8%	21.9	17.3
Share-based payments	13.8	+446%	11.9	2.5
Operating profit to net income
Finance costs	(10.9)	−53%	(17.4)	(23.5)
Profit before tax	98.0	n/m	(60.7)	(49.5)
Tax	(12.9)	−20%	(18.8)	(16.2)
Net income (owners)	85.1	−94%	(55.3)	1,326.7
Discontinued operations	0.0	n/m	24.3	1,392.4
Per share
EPS basic	30.1p	–	(13.0p)	437.5p
EPS diluted	29.5p	–	(13.0p)	437.5p

	LTM Jun 26	FY 25	FY 24
Operating activities
Cash from operations	98.2	49.2	331.1
Interest paid	(15.4)	(19.1)	(29.6)
Tax paid	(50.3)	(40.9)	(31.7)
Investing activities
Capex (PP&E)	(39.3)	(39.2)	(52.7)
Capex (intangibles)	(37.7)	(38.8)	(41.3)
Financing activities
Lease principal paid	(17.1)	(18.8)	(21.8)
Lease interest paid	(3.1)	(3.1)	(4.0)
Dividends paid	(26.0)	(1,513.0)	–
Share buybacks	(86.9)	(65.5)	–

	H1 26	vs H1 25	H2 25	H1 25
Operating activities
Cash from operations	47.8	n/m	50.4	(1.3)
Interest paid	(7.6)	−33%	(7.7)	(11.4)
Tax paid	(33.1)	+40%	(17.1)	(23.7)
Investing activities
Capex (PP&E)	(18.1)	+1%	(21.2)	(18.0)
Capex (intangibles)	(18.4)	−5%	(19.4)	(19.4)
Financing activities
Lease principal paid	(8.2)	−17%	(8.9)	(9.9)
Lease interest paid	(1.8)	+3%	(1.3)	(1.8)
Dividends paid	0.0	n/m	(26.0)	(1,487.0)
Share buybacks	(21.3)	n/m	(65.5)	0.0

	30 Jun 26	31 Dec 25	31 Dec 24
Non-current assets
Other intangibles	254.0	257.3	–
Property, plant & equipment	84.1	83.4	77.9
Associates & JVs	661.5	676.6	63.4
Other investments	223.5	161.4	126.1
Non-current assets	1,468.9	1,383.4	1,433.8
Current assets
Inventories	2.2	1.7	5.7
Cash	365.6	370.1	222.3
Current assets	525.0	542.1	1,300.8
Total assets	1,993.9	1,925.5	2,734.6
Current liabilities
Lease liabilities, current	12.5	15.0	16.4
Current liabilities	349.2	382.7	798.8
Non-current liabilities
Borrowings, non-current	257.5	260.5	371.2
Lease liabilities, non-current	33.7	18.8	22.0
Deferred consideration	0.0	7.5	–
Non-current liabilities	352.0	335.5	430.7
Total liabilities	701.2	718.1	1,229.5
Equity
Non-controlling interests	(0.3)	(0.3)	(0.4)
Total equity	1,292.7	1,207.4	1,505.1
Net cash and other figures
Net cash / (debt) ex leases	33.8	24.9	(118.4)

	30 Jun 26	31 Dec 25	30 Jun 25	31 Dec 24
Non-current assets
Other intangibles	254.0	257.3	–	–
Property, plant & equipment	84.1	83.4	–	77.9
Associates & JVs	661.5	676.6	–	63.4
Other investments	223.5	161.4	–	126.1
Non-current assets	1,468.9	1,383.4	–	1,433.8
Current assets
Inventories	2.2	1.7	–	5.7
Cash	365.6	370.1	–	222.3
Current assets	525.0	542.1	–	1,300.8
Total assets	1,993.9	1,925.5	–	2,734.6
Current liabilities
Lease liabilities, current	12.5	15.0	–	16.4
Current liabilities	349.2	382.7	–	798.8
Non-current liabilities
Borrowings, non-current	257.5	260.5	–	371.2
Lease liabilities, non-current	33.7	18.8	–	22.0
Deferred consideration	0.0	7.5	–	–
Non-current liabilities	352.0	335.5	–	430.7
Total liabilities	701.2	718.1	–	1,229.5
Equity
Non-controlling interests	(0.3)	(0.3)	–	(0.4)
Total equity	1,292.7	1,207.4	–	1,505.1
Net cash and other figures
Net cash / (debt) ex leases	33.8	24.9	65.9	(118.4)

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Company filings. Not investment advice.