Capital Structure

Download Pirelli Financials


Net Financial Position

€ million

Liquidity Profile

€ million

Liquidity position1 810
Committed lines not drawn 505
New Committed Line
signed 31-Mar-2020
800
Liquidity margin 2,115*

 

*Liquidity Margin covering maturities until 1Q’23, considering the extension option

Gross Debt Maturity

€ million

Debt Currency Mix1

Share of debt

1. including assets at FV through P&L.

 

Net Financial Position

€ million

  Gross debt Financial Assets Net Financial Position
Loan 3,156 Cash & Cash equivalents (810)  
Bond 1,272  
IFRS 16 474 Financial receivables & other (540)  
Other 709  
Total 5,610 (1,349) 4,261
       

Liquidity Profile

€ million

Liquidity position1 810
Committed lines not drawn 505
New Committed Line
signed 31-Mar-2020
800
Liquidity margin 2,115*

 

*Liquidity Margin covering maturities until 1Q’23, considering the extension option

Gross Debt Maturity

€ million

  2020 2021 2022 2023 2024 2025 & beyond Total Gross Debt
Loan 2592 200 1,9753 125 597   3,156
Bond 200 82   970   20 1,272
IFRS 16 76 67 56 47 41 187 474
Other 636 57 12 3 1   709
Total 1,172 405 2,043 1,144 639 207 5,610

Debt Currency Mix

Share of debt

EUR BRL RUB CNY Other Total
85.8% 9.6% 0.9% 1.3% 2.3% 100.0%

1. Including assets at FV through P&L.
2. Exercised the option: 259 now due in 2021, further extendable to 2022.
3. 1,975 can be extended to 2024.

 


Last revised: 13 May 2020

Further information on the company's financial communications is available in the

PRESENTATIONs AND WEBCASTS PAGE

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