| in million euros | 2013 | 2014 | 2015 | 2016 | 2017 |
|---|---|---|---|---|---|
Cash and cash equivalents | 3,457 | 1,548 | 1,191 | 1,398 | 1,156 |
Financial debt1 | - 2,498 | - 1,701 | -856 | -3,699 | -4,381 |
959 | - 153 | 335 | - 2,301 | - 3,225 | |
Pension provisions | - 820 | - 1,262 | -988 | -1,007 | -760 |
Development of Net Financial Position
1 Borrowings less positive and plus negative fair values of hedging transactions.
2 Borrowings less cash and cash equivalents and readily monetizable financial instruments classified as "available for sale" or in the "fair value option", and also less positive and plus negative fair values of hedging transactions.
Net financial position is defined as cash and cash equivalents plus readily monetizable financial instruments classified as “available for sale” or in the “fair value option,” less borrowings, and plus positive and less negative fair values of hedging transactions.
Net financial position Schließen
