logo di stampa inglese
 
You are in: Consolidated Financial Statements » Net financial indebtedness

Consolidated net financial indebtedness

In accordance with the requirements set forth in the CONSOB Communication of 28 July 2006 and pursuant to the CERS recommendation of 10 February 2005, “recommendations for the uniform implementation of the EC Regulation on financial reporting”, the Group’s net financial position is as follows:

 (figures in millions of €)31-Dec-200831-Dec-2007
    
a Cash 193.6211.0
    
b Other current financial receivables 6.810.0
    
  Current bank liabilities -109.7-149.6
  Current portion of bank indebtedness -79.3-86.1
  Other current financial payables -15.0-7.6
  Financial leasing payables expiring next year  -4.7-5.6
c Current financial indebtedness -208.7-248.9
    
d=a+b+c Net current financial indebtedness -8.3-27.9
    
e Non current financial receivables 8.56.6
    
    
  Non-current bank liabilities -439.4-475.9
  Bonds issued -999.7-798.2
  Other non-current financial payables -121.4-122.4
  Financial leasing payables expiring after next year  -11.2-13.9
f Non-current financial indebtedness -1,571.7-1,410.4
    
g=e+f Net non-current financial indebtedness -1,563.2-1,403.8
    
h=d+g Net financial indebtedness -1,571.5-1,431.7

The table does not consider the effects of the hedging derivative instruments; for this reason the net financial position was also changed as at 31 December 2007.

 
Post a question