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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 425,331 $ 891,910
Trade and other receivables (note 3) 463,010 473,336
Inventories (note 4) 494,665 453,463
Prepaid expenses 63,520 61,290
Other assets (note 7) 40,406 30,820
Current assets 1,486,932 1,910,819
Non-current assets:    
Property, plant and equipment (note 5) 5,198,080 4,197,509
Investment in associates (note 6) 433,279 101,438
Deferred income tax assets (note 16) 15,269 204,091
Other assets (note 7) 149,096 183,269
Non-current assets 5,795,724 4,686,307
Assets 7,282,656 6,597,126
Current liabilities:    
Trade, other payables and accrued liabilities 541,648 546,305
Current maturities on long-term debt (note 8) 41,362 13,727
Current maturities on lease obligations (note 9) 113,129 122,744
Current maturities on other long-term liabilities (note 10) 25,598 46,840
Current liabilities 721,737 729,616
Non-current liabilities:    
Long-term debt (note 8) 2,711,538 2,401,208
Lease obligations (note 9) 642,054 695,461
Other long-term liabilities (note 10) 157,238 150,462
Deferred income tax liabilities (note 16) 323,430 239,113
Non-current liabilities 3,834,260 3,486,244
Equity:    
Capital stock, 25,000,000 authorized preferred shares without nominal or par value, Unlimited authorization of common shares without nominal or par value, Issued and outstanding common shares at December 31, 2025 were 77,339,520 (2024 - 67,395,212) 731,694 392,201
Contributed surplus 2,106 1,950
Retained earnings 1,653,276 1,629,386
Accumulated other comprehensive income 56,132 70,022
Shareholders’ equity 2,443,208 2,093,559
Non-controlling interests 283,451 287,707
Total equity 2,726,659 2,381,266
Equity and liabilities $ 7,282,656 $ 6,597,126