4.2.1Consolidated Income Statement

in millions of US$

Notes

2025

2024

Revenue from contracts with customers

5,055

4,127

Interest revenue from finance lease calculated using the effective interest method

848

657

Total revenue

4.3.2/4.3.3

5,903

4,784

Cost of sales

4.3.5

(3,884)

(3,652)

Gross margin

2,019

1,132

Other operating income/(expense)

4.3.4/4.3.5

23

29

Selling and marketing expenses

4.3.5

(45)

(23)

General and administrative expenses

4.3.5

(177)

(162)

Research and development expenses

4.3.5/4.3.7

(35)

(40)

Net impairment gains/(losses) on financial and contract assets

4.3.8

15

(6)

Operating profit/(loss) (EBIT)

1,801

928

Financial income

4.3.9

83

26

Financial expenses

4.3.9

(653)

(690)

Net financing costs

(571)

(663)

Share of profit/(loss) of equity-accounted investees

4.3.29

(4)

19

Profit/(loss) before income tax

1,226

283

Income tax expense

4.3.10

(117)

(73)

Profit/(loss)

1,109

211

Attributable to shareholders of the parent company

922

150

Attributable to non-controlling interests

4.3.30

186

61

Profit/(loss)

1,109

211

Earnings/(loss) per share

Notes

2025

2024

Weighted average number of shares outstanding

4.3.11

173,122,168

178,649,722

Basic earnings/(loss) per share in US$

4.3.11

5.33

0.84

Fully diluted earnings/(loss) per share in US$

4.3.11

5.25

0.83