Consolidated Statements of Financial Position
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As of December 31, |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
(in thousands of $) |
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Note |
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2024 |
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2023 |
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2022 |
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Assets |
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|
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|
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Non‑current assets |
|
|
|
|
|
|
|
|
||||
Property, plant and equipment |
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43,517 |
|
22,675 |
|
16,234 |
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Intangible assets |
|
|
181,445 |
|
125,228 |
|
174,901 |
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Deferred tax assets |
|
|
924,299 |
|
97,211 |
|
79,222 |
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Research and development incentive receivables |
|
|
|
94,854 |
|
76,706 |
|
47,488 |
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Investment in a joint venture |
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9,268 |
|
9,912 |
|
1,323 |
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Prepaid expenses |
|
|
|
23,643 |
|
47,327 |
|
– |
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Other non-current assets |
|
|
42,393 |
|
39,662 |
|
40,894 |
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Total non‑current assets |
|
|
|
1,319,419 |
|
418,721 |
|
360,064 |
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|
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Current assets |
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|
|
|
|
|
|
|
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Inventories |
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407,233 |
|
310,550 |
|
228,353 |
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Prepaid expenses |
|
|
187,948 |
|
134,072 |
|
76,022 |
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Trade and other receivables |
|
|
904,471 |
|
496,687 |
|
275,697 |
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Research and development incentive receivables |
|
|
|
4,625 |
|
2,584 |
|
1,578 |
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Financial assets |
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|
1,878,890 |
|
1,131,000 |
|
1,391,808 |
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Cash and cash equivalents |
|
|
1,499,936 |
|
2,048,844 |
|
800,740 |
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Total current assets |
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|
4,883,103 |
|
4,123,737 |
|
2,774,197 |
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|
|
|
|
|
|
|
|
|
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Total assets |
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|
|
6,202,522 |
|
4,542,458 |
|
3,134,261 |
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Equity and liabilities |
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Equity |
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|
|
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Equity attributable to owners of the parent |
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|
|
|
|
|
|
|
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Share capital |
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7,227 |
|
7,058 |
|
6,640 |
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Share premium |
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|
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5,948,916 |
|
5,651,497 |
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4,309,880 |
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Translation differences |
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|
126,832 |
|
131,543 |
|
129,280 |
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Accumulated losses |
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(1,571,804) |
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(2,404,844) |
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(2,109,791) |
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Other reserves |
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|
987,112 |
|
712,253 |
|
477,691 |
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Total equity |
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5,498,283 |
|
4,097,507 |
|
2,813,699 |
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Non-current liabilities |
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|
|
|
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|
|
|
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Provisions for employee benefits |
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|
1,803 |
|
1,449 |
|
870 |
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Lease liabilities |
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|
32,520 |
|
15,354 |
|
9,009 |
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Deferred tax liabilities |
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|
– |
|
5,155 |
|
8,406 |
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Total non-current liabilities |
|
|
|
34,323 |
|
21,958 |
|
18,285 |
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|
|
|
|
|
|
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Current liabilities |
|
|
|
|
|
|
|
|
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Lease liabilities |
|
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6,533 |
|
4,646 |
|
3,417 |
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Trade and other payables |
|
|
649,993 |
|
414,013 |
|
295,679 |
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Tax liabilities |
|
|
13,390 |
|
4,334 |
|
3,181 |
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Total current liabilities |
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|
|
669,916 |
|
422,993 |
|
302,277 |
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|
|
|
|
|
|
|
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Total liabilities |
|
|
|
704,239 |
|
444,951 |
|
320,562 |
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|
|
|
|
|
|
|
|
|
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Total equity and liabilities |
|
|
|
6,202,522 |
|
4,542,458 |
|
3,134,261 |
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