Detailed net financial position as of
March 31, 2020 (in EUR million)
Gross cash
Gross debt
Institutional bonds: € (1,000) M - Exchangeable bonds LafargeHolcim: € (750) M - Bank debt: € (80) M - Drawdowns under the credit lines € (1,000) M
Net debt (excluding treasury shares)
Treasury shares
Total (included in GBL's NAV)
Maintaining a solid and flexible financial structure while limiting net indebtedness
Debt maturity profile
GBL has committed credit lines for an amount of EUR 2,150 million, which have been partially drawn down for an amount of EUR 1,000 million. The balance of EUR 1,150 million is indicated hereabove by the dotted lines.
EUR 750m exchangeable bond for existing registered shares of LafargeHolcim Ltd due December 30, 2022
Institutional bonds
Institutional bonds 2018
Institutional bonds 2017
Risk Management
The risks associated with the management of cash and cash equivalents, financial instruments and financing may be consulted in the Risk Management section.