Detailed net financial position as of
March 31, 2019 (in EUR million)
Gross cash
623
Gross debt
Institutional bonds: € (1,000) M - Bank debt: € (69) M
(1,069)
Net debt (excluding treasury shares)
(446)
Treasury shares
270
Total (included in GBL's NAV)
(176)
Maintaining a solid and flexible financial structure while limiting net indebtedness
Debt maturity profile
GBL has undrawn committed credit lines for an amount of € 2,150 million (as indicated by the above dotted lines).
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.