Debt

Pirelli in figures Pirelli in figures (1,54 MB)



Pirelli Gross Debt as of September 30, 2014 is worth 2,662 million euro.



  €/mln Total   Nun-Current   Current
Debt Capital Markets 773,8   773,8   -
Borrowings from banks 1,840.0   1,463.6   376,4
Borrowing from other financial institutions 2,6   1,0   1,6
Finance lease payables 1,2   1,0   0,2
Financial accrued liabilities and deferred income 38,1   -   38,1
Other financial payables 6,2   1,6   4,6
Other 0.0   -   0.0
    2,662.0   2,241.0   421,0
   
 

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: 07 Nov 2014