206 348
Consolidated Financial Report |
EXPLANATORY NOTES
2014 Annual Report
Prysmian Group
206
Note
31 December 2014
31 December 2013 (*)
Long-term financial payables
- Term Loan Facility 2011
400
400
- Bank fees
(2)
(3)
Credit Agreements
12
398
397
EIB Loan
12
92
-
Non-convertible bond
12
-
399
Convertible bond
12
271
263
Finance leases
12
16
15
Interest rate swaps
8
3
4
Other financial payables
12
40
45
Total long-term financial payables
820
1,123
Short-term financial payables
- Term Loan Facility 2010
12
-
184
- Bank fees
12
-
(1)
- Revolving Credit Facility
(1)
12
-
3
- Syndicated Revolving Credit Facility 2014
12
-
-
Credit Agreements
12
-
186
EIB Loan
12
9
-
Non-convertible bond
12
415
15
Convertible bond
12
1
1
Finance leases
12
2
2
Interest rate swaps
8
-
14
Forward currency contracts on financial transactions
8
8
5
Revolving Credit Facility 2014
12
30
-
Other financial payables
12
111
88
Total short-term financial payables
576
311
Total financial liabilities
1,396
1,434
Long-term financial receivables
5
2
4
Long-term bank fees
5
5
-
Forward currency contracts on financial transactions (current)
8
5
5
Short-term financial receivables
5
9
12
Short-term bank fees
5
3
5
Financial assets held for trading
7
76
93
Cash and cash equivalents
9
494
510
Net financial position
802
805
NET FINANCIAL POSITION
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
(1) “Revolving Credit Facility” refers at 31 December 2014 to the Revolving Credit Facility 2011 and at 31 December 2013 to the Revolving Credit Facility 2010
later extinguished on 27 June 2014.
(in millions of Euro)