Debt

Pirelli in figures Pirelli in figures (1,04 MB)



Pirelli Gross Debt as of March, 31 2014 is worth 2,468.0 million euro.



  €/mln Total   Nun-Current   Current
Debt Capital Markets 607.2   607.2   -
Borrowings from banks 1,832.9   1,501.6   331.4
Borrowing from other financial institutions 3.3   2.2   1.1
Finance lease payables 1.3   1.1   0.2
Financial accrued liabilities and deferred income 12.8   0.1   12.7
Other financial payables 5.4   1.7   3.7
Other 5.1   -   5.1
    2,468.0   2,113.7   354.3
   
 

Gross Debt composition by:



Pirelli manages the risk of an increase in interest rates associated with indebtedness at a floating rate through indirect offsetting with financial receivables at a floating rate and, for the net amount, through recourse to derivative contracts, normally interest rate swaps and interest rate collars.

Last Revised: 09 May 2014