in million euros
|Cash and cash equivalents|
securities and time deposits1
|Net financial position3|
|Provisions for pensions and|
Development of Net Financial Position
The following graph shows the development of the net financial position.
|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).
The net financial position is defined as cash and cash equivalents, including cash and cash equivalents held for sale, plus readily monetizable securities and time deposits and financial collateral provided, less borrowings, plus positive and minus negative fair values of derivative financial instruments.Financial Glossary Schließen
Financial instrument, the value of which changes in response to changes in an underlying asset or an index, which will be settled at a future date and which initially requires only a small or no investment.Financial Glossary Schließen