PARENT COMPANY >
EXPLANATORY NOTES
282
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
(in thousands of Euro)
31 December 2013
Of which related 31 December 2012
Of which related
parties (Note 25)
parties (Note 25)
Long-term financial payables
Term Loan Facilities
400,000
660,800
Bank fees
(3,024)
(7,326)
Credit Agreements
396,976
653,474
Non-convertible bond
398,576
397,515
Convertible bond
263,401
-
Finance leases
11,098
-
Total long-term financial payables
1,070,051
1,050,989
Short-term financial payables
Term Loan Facility
88,388
60,237
Bank fees
(570)
(678)
Non-convertible bond
15,305
15,304
Convertible bond
1,187
-
Finance leases
537
-
Other borrowings
223
722
Total short-term financial payables
105,070
75,585
Total financial liabilities
1,175,121
1,126,574
Long-term financial receivables
26
21
Long-term bank fees
-
3,919
Short-term financial receivables
55
7
Short-term financial receivables from Group companies
553,744
553,744
197,440
197,440
Short-term bank fees
4,029
3,919
Cash and cash equivalents
4,600
681
Net financial position
612,667
920,587
NET FINANCIAL POSITION
(in thousands of Euro)
31 December 2012
Variable rate
Fixed rate
Euro
Euro
Total
Due within 1 year
60,281
15,304
75,585
Due between 1 and 2 years
257,814
-
257,814
Due between 2 and 3 years
-
397,515
397,515
Due between 3 and 4 years
395,660
-
395,660
Due between 4 and 5 years
-
-
-
Due after more than 5 years
-
-
-
Total
713,755
412,819
1,126,574
Average interest rate in period, as per contract
2.6%
5.3%
3.5%
