in million euros | 2018 | 20194 | 2020 | 2021 | H1 2022 |
|---|---|---|---|---|---|
| Cash and cash equivalents securities and time deposits1 | 1,322 | 1,898 | 2,209 | 2,526 | 1,474 |
| Financial debt2 | -4,217 | -3,945 | -3,097 | -2,818 | -2,916 |
| Net financial position3 | -2,895 | -2,047 | -888 | -292 | -1,441 |
| Provisions for pensions and similar obligations | -794 | -635 | -551 | -510 | -450 |
Development of Net Financial Position
The following graph shows the development of the net financial position.
| 1 Including financial collateral provided. 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). |
