Capital Structure
Capital Structure
Net Financial Position
€ million
Liquidity Profile
€ million
| Liquidity position1 | 999 |
| Committed lines not drawn | 1,500 |
| Liquidity margin | 2,499 |
|---|
Gross Debt Maturity
€ million
Debt Currency Mix2
Share of debt
1. Including assets at FV through P&L.
2. Based on average gross debt and hedging of intragroup financing.
Net Financial Position
€ million
| Gross debt | Financial Assets | Net Financial Position | |
|---|---|---|---|
| Loan | 1,498 | Liquidity position (999) | |
| Bond | 1,689 | ||
| IFRS 16 | 470 | Financial receivables & other (263) | |
| Other | 144 | ||
| Total | 3,800 | (1,262) | 2,538 |
Liquidity Profile
€ million
| Liquidity position1 | 999 |
| Committed lines not drawn | 1,500 |
| Liquidity margin | 2,499 |
|---|
Gross Debt Maturity
€ million
| 2025 | 2026 | 2027 | 2028 | 2029 | 2030 & beyond | Total Gross Debt | |
|---|---|---|---|---|---|---|---|
| Loan | - | 300 | 599 | 598 | - | - | 1,498 |
| Bond | 498 | - | - | 597 | 595 | - | 1,689 |
| IFRS 16 | 104 | 87 | 71 | 50 | 29 | 129 | 470 |
| Other | 118 | 25 | 1 | - | - | - | 144 |
| Total | 720 | 412 | 671 | 1,245 | 624 | 129 | 3,800 |
Debt Currency Mix2
Share of debt
| EUR | BRL | GBP | RUB | CNY | RON | Other | Total |
|---|---|---|---|---|---|---|---|
| 69% | 13% | 6% | 1% | 1% | 5% | 6% | 100.0% |
1. Including assets at FV through P&L.
2. Based on average gross debt and hedging of intragroup financing.