Financial Liabilities
| Net Financial Debt * | Dec. 31, 2018 (€ million) | Dec. 31, 2019 (€ million) | Dec. 31, 2020 (€ million) | Dec. 31, 2021 (€ million) | Dec. 31, 2022 (€ million) |
|---|---|---|---|---|---|
| Bonds | 996 | 997 | 1,990 | 1,492 | 1,988 |
| Liabilities to banks | 24 | 10 | 227 | 275 | 922 |
| Liabilities from derivatives | 193 | 735 | 672 | 761 | 746 |
| Liabilities from derivatives | 12 | 10 | 9 | 11 | 32 |
| Other financial liabilities | – | – | 1 | 2 | 1 |
| Receivables from derivatives | -12 | -15 | -13 | -34 | -42 |
| Financial debt | 1,213 | 1,737 | 2,886 | 2,507 | 3,647 |
| Cash and cash equivalents | -865 | -748 | -1,404 | -649 | -1,198 |
| Current financial assets | - | - | -1,126 | -453 | -15 |
| Net financial debt | 348 | 989 | 356 | 1,405 | 2.434 |
* Net financial debt is not defined in the International Financial Reporting Standards and is calculated as shown
Bond maturity profile
