Detailed net financial position as of
September 30, 2020 (in EUR million)
Gross cash
Gross debt
Institutional bonds: € (1,000) M - Exchangeable bonds LafargeHolcim: € (750) M - Bank debt: € (71) M - Drawdowns under the credit lines € (500) 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, of which EUR 500 million have been drawn down. The balance of EUR 1,650 million is indicated hereabove by the dotted lines.
EUR 750m exchangeable bond for existing registered shares of LafargeHolcim Ltd due December 30, 2022
EUR 450m exchangeable bond for existing no-par value ordinary bearer shares of GEA Group AG due 29 December 2023
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.