Investor Presentaiton
24 | Financials
Capital structure 9M/2022
(Net debt) / Net cash¹)
> Classification: Public
Equity ratio (in %)
40
600
35
516.0
500
423.8
30
28.5
400
25.9
314.6
292.4
271.2
300
25
20.5
21.0
200
20
17.9
100
15
0
-100
10
Q3/
2021
Q4/
2021
Q1/
Q2/
Q3/
Q3/
2022
2022
2022
2021
Q4/
2021
Q1/
Q2/
Q3/
2022
2022
2022
> Healthy net cash levels after the rights issue
> Includes high yield bond of EUR 275m, which will be
repaid by a deeply subordinated shareholder loan
early next year
> Equity ratio improved in Q3 as expected on account
of the proceeds from the rights issue
Nordex Investor Factbook Nov 2022 - February 2023
1) Bank borrowings, bond, employee bond and shareholder loan less cash and cash equivalents.
CNC
NORDEX acciona
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