Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v3.24.0.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Disclosure Of Significant Accounting Policies [Abstract]  
Summary of principal foreign currency exchange rates

The principal foreign currency exchange rates used to translate other currencies into Euro were as follows:

 

COUNTRY

 

ISO
CODE

 

Average for the
year ended
December 31,

 

 

At
December 31,

 

 

Average for the
year ended
December 31,

 

 

At
December 31,

 

 

Average for the
year ended
December 31,

 

 

At
December 31,

 

 

 

 

 

2023

 

 

2023

 

 

2022

 

 

2022

 

 

2021

 

 

2021

 

CHINA

 

CNY

 

 

7.6600

 

 

 

7.8509

 

 

 

7.0788

 

 

 

7.3582

 

 

 

7.6282

 

 

 

7.1947

 

UNITED STATES

 

USD

 

 

1.0813

 

 

 

1.1050

 

 

 

1.0530

 

 

 

1.0666

 

 

 

1.1827

 

 

 

1.1326

 

MEXICO

 

MXN

 

 

19.1830

 

 

 

18.7231

 

 

 

21.1869

 

 

 

20.8560

 

 

 

23.9852

 

 

 

23.1438

 

DENMARK

 

DKK

 

 

7.4509

 

 

 

7.4529

 

 

 

7.4396

 

 

 

7.4365

 

 

 

7.4370

 

 

 

7.4364

 

BRAZIL

 

BRL

 

 

5.4010

 

 

 

5.3618

 

 

 

5.4399

 

 

 

5.6386

 

 

 

6.3779

 

 

 

6.3101

 

SWITZERLAND

 

CHF

 

 

0.9718

 

 

 

0.9260

 

 

 

1.0047

 

 

 

0.9847

 

 

 

1.0811

 

 

 

1.0331

 

JAPAN

 

JPY

 

 

151.9903

 

 

 

156.3300

 

 

 

138.0274

 

 

 

140.6600

 

 

 

129.8767

 

 

 

130.3800

 

 

Summary of useful lives, estimated by group for various categories of property, plant and equipment

The useful lives, estimated by the Group for its various categories of property, plant and equipment, are as follows:

 

 

 

Biopharmaceutical
and Diagnostic
Solutions

 

Engineering

 

Holding

Buildings

 

18 to 33 years

 

16 years

 

33 years

Plant and machinery

 

6 to 20 years

 

6 to 10 years

 

4 years

Industrial and commercial equipment

 

5 to 8 years

 

8 years

 

8 years

Other tangible assets

 

5 to 8 years

 

5 to 8 years

 

5 to 8 years