Debt

Pirelli in figures Pirelli in figures (1,23 MB)



Pirelli Gross Debt as of September, 30 2015 is worth 2,666 million euro.



  €/mln Total   Nun-Current   Current
Debt Capital Markets 1,277   741   536
Borrowings from banks 1,345   502   842
Borrowing from other financial institutions 7   3   5
Finance lease payables 1   0   0
Financial accrued liabilities and deferred income 31   0   31
Other financial payables 5   2   3
Other -   -   -
    2,666   1,248   1,418
   
 

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: 12 Nov 2015