Debt market

20 October, 2014

Financial net debt as of September 30, 2014, amounted to SEK 6,025m.

The financial net debt decreased by SEK 1,439m during the third quarter of 2014 as a result of the strong operating cash flow after investments. Net provision for post-employment benefits increased by SEK 146m. In total, net debt decreased by SEK 1,293m during the third quarter.

Long-term borrowings as of September 30, 2014, including long-term borrowings with maturities within 12 months, amounted to SEK 12,076m with average maturity of 2.8 years, compared to SEK 12,207m and 3.3 years at the end of 2013. During 2015, long-term borrowings in the amount of SEK 2,551m will mature.

Liquid funds as of September 30, 2014, amounted to SEK 8,257m (5,523), excluding short-term back-up facilities.

More about debt market

A significant portion of the Group´s long-term borrowings are issued on the capital markets under the Group´s Euro medium-term note program.

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