Investor Presentaiton
98
A.P. Moller-Maersk Annual Report 2020
Financials
Consolidated financial statements
Notes index
Note 16 Financial instruments and risks - continued
Table 16.12
Carrying
amount
Cash flows including interest
Maturities of liabilities and commitments
0-1 year
2-4 years
5-years
Total
2020
Bank and other credit institutions
Lease liabilities
- hereof interest
2,802
476
1,135
1,502
8,747
1,791
4,832
5,360
3,113
11,983
400
1,140
1,695
3,235
Issued bonds
3,824
461
2,108
1,909
4,478
Trade payables
5,156
5,156
5,156
Other payables
1,360
1,279
69
12
1,360
Non-derivative financial liabilities
21,889
9,163
8,144
8,783
26,090
Derivatives
517
228
134
155
517
Total recognised in balance sheet
22,406
9,391
8,278
8,938
26,607
Capital commitments
508
713
Total
9,899
8,991
518
9,456
1,739
28,346
2019
Bank and other credit institutions
3,357
564
2,074
1,291
3,929
Lease liabilities
8,577
1,725
5,046
5,326
12,097
- hereof interest
444
1,331
1,745
3,520
Issued bonds
4,819
429
2,295
2,901
5,625
Trade payables
5,567
5,567
5,567
Other payables
1,214
1,170
Non-derivative financial liabilities
23,534
9,455
32
9,447
12
1,214
9,530
28,432
Derivatives
415
Total recognised in balance sheet
23,949
87
9,542
98
9,545
230
9,760
415
28,847
Capital commitments
Total
570
10,112
531
10,076
642
10,402
1,743
30,590
Amounts in USD million =
Table 16.12
It is of great importance for the Group to maintain a
financial reserve to cover the Group's obligations and
investment opportunities and to provide the capital
necessary to offset changes in the Group's liquidity due
to changes in the cash flow from operating activities.
The flexibility of the financial reserve is subject to ongoing
prioritisation and optimisation, among other things by
focusing on the release of capital and following up on
the development in working capital.View entire presentation