Capital Structure
Capital Structure
Net Financial Position
€ million
Liquidity Profile
€ million
| Liquidity position1 | 996 |
| Committed lines not drawn | 1,500 |
| Liquidity margin* | 2,496 |
|---|
*Sound liquidity margin covering maturities for the next 3 years
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 | 2,295 | Cash & Cash equivalents (996) | |
| Bond | 1,098 | ||
| IFRS 16 | 470 | Financial receivables & other (244) | |
| Other | 313 | ||
| Total | 4,175 | (1,240) | 2,935 |
Liquidity Profile
€ million
| Liquidity position1 | 996 |
| Committed lines not drawn | 1,500 |
| Liquidity margin | 2,496 |
|---|
Gross Debt Maturity
€ million
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 & beyond | Total Gross Debt | |
|---|---|---|---|---|---|---|---|
| Loan | 400 | 399 | 300 | 598 | 598 | - | 2,295 |
| Bond | - | 503 | - | - | 595 | - | 1,098 |
| IFRS 16 | 99 | 84 | 67 | 57 | 46 | 118 | 470 |
| Other | 311 | 0 | - | 2 | - | - | 313 |
| Total | 809 | 986 | 367 | 657 | 1,238 | 118 | 4,175 |
Debt Currency Mix2
Share of debt
| EUR | BRL | GBP | RUB | CNY | RON | Other | Total |
|---|---|---|---|---|---|---|---|
| 78.2% | 9.9% | 3.2% | 1.4% | 1.0% | 1.5% | 4.8% | 100.0% |
1. Including assets at FV through P&L.
2. Based on average gross debt and hedging of intragroup financing.