Investor Presentaiton
87
A.P. Moller-Maersk Annual Report 2020
Financials
Consolidated financial statements
Notes index
Note 13 Borrowings and lease liability reconciliation
Table 13.1
Bank and other credit institutions
Issued bonds
Total borrowings
Borrowings:
Classified as non-current
Classified as current
Leases:
Lease liabilities
Total leases
Leases:
Net debt as at
31 December
Cash flows
2019
Non-cash changes Net debt as at
Table 13.1
31 December
Additions
Disposal
Foreign
Other¹
2020
exchange
movements
3,357
4,819
-637
-1,254
96
-14
150
8,176
-1,8914
96
136
109
109
2,802
3,824
6,626
7,455
721
5,868
758
8,577
8,577
-1,7102
1,896³
-217
195
6
8,747
-1,710
1,896
-217
195
6
8,747
Classified as non-current
7,295
7,356
Classified as current
1,282
1,391
Total borrowing and leases
16,753
-3,601
1,992
-217
331
115
15,373
Derivatives hedge of borrowings, net
172
27
-150
-13
36
Amounts in USD million =
The maturity analysis of lease liabilities is disclosed in
note 16.
1 Other includes fair value changes and amortisation
of fees.
2 Total cash outflow impact for leases for 2020 was
USD 3.5bn, of which USD 1.3bn relates to other lease
expenses and USD 468m to interest expense as dis-
closed separately in note 8.
3 Additions include USD 321m lease liabilities from
businesses acquired during 2020.
4 Total cash flow from borrowings amounts to USD
-1.9bn and cash flow from related hedges to USD 31m,
in total USD -1,860m.View entire presentation