Detailed net financial position as of
September 30, 2019 (in EUR million)
Gross cash
Gross debt
Institutional bonds: € (1,000) M - Exchangeable bonds LafargeHolcim: € (750) M - Bank debt: € (81) M - Debt related to the prepaid forward sales of Total shares € (771) 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 undrawn committed credit lines for an amount of € 2,150 million (as indicated by the above 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.