71 348
71
31 December
31 December
Change
31 December
2014
2013 (*)
2012 (*)
Long-term financial payables
- Term Loan Facility 2011
400
400
-
947
- Bank fees
(2)
(3)
1
(11)
EIB Loan
92
-
92
-
Non-convertible bond
-
399
(399)
398
Convertible bond
271
263
8
-
Derivatives
3
4
(1)
35
Other financial payables
56
60
(4)
94
Total long-term financial payables
820
1,123
(303)
1,463
Short-term financial payables
- Term Loan Facility 2010
-
183
(183)
124
- Revolving Facility
-
3
(3)
4
- Revolving Credit Facility 2014 in pool
-
-
-
-
EIB Loan
9
-
9
-
Non-convertible bond
415
15
400
15
Convertible bond
1
1
-
-
Securitization
-
-
-
75
Revolving facility 2014
30
-
30
-
Derivatives
8
19
(11)
7
Other financial payables
113
90
24
93
Total short-term financial payables
576
311
265
318
Total financial liabilities
1,396
1,434
(38)
1,781
Long-term financial receivables
2
4
(2)
9
Long-term bank fees
5
-
5
4
Short-term derivatives
5
5
-
3
Short-term financial receivables
9
12
(3)
7
Short-term bank fees
3
5
(2)
5
Financial assets held for trading
76
93
(17)
78
Cash and cash equivalents
494
510
(16)
787
Total financial assets
594
629
(35)
893
Net financial position
802
805
(3)
888
NET FINANCIAL POSITION
(*) The previously published prior year comparative figures have been restated following the introduction of IFRS 10 and IFRS 11.
The following table provides a detailed breakdown of the net financial position:
(in millions of Euro)