in million euros | 2018 | 20194 | 2020 | 2021 | 2022 |
---|
Cash and cash equivalents securities and time deposits1 | 1,322 | 1,898 | 2,209 | 2,526 | 1,455 |
Financial debt2 | -4,217 | -3,945 | -3,097 | -2,818 | -2,722 |
Net financial position3 | -2,895 | -2,047 | -888 | -292 | -1,267 |
Provisions for pensions and similar obligations | -794 | -635 | -551 | -510 | -417 |
1 Including financial collateral provided and cash investments reported as assets held for sale. 2 Consists of current and non-current borrowings, financial collateral received as well as derivative financial instruments (positive and negative fair values of hedging transactions). 3 Defined as cash and cash equivalents plus readily monetizable securities & time deposits and financial collateral provided, less borrowings, plus positive and minus negative fair values of derivative financial instruments. 4 Figures amended (please refer to half-year financial report 2020 page 24). |