Investor Presentaiton
Conservative Financial Portfolio Combined with
Significant Finacial Flexibility
Balanced Debt Maturity Profile
(in EUR million)
1,052*
969**
Solid Credit Ratings
> S&P: BBB (stable outlook)
> Moody's: Baa1 (stable outlook)
806
550
253
129
205
47
2012
2013 2014
2015
2016
2017
2018
2019
Significant Financial Flexibility
> Highly diversified funding base
Undrawn committed lines of credit
amounting to EUR 1.0 bn
Cash positions of EUR 460.0 mn as of
31 December 2011
> Average cost of debt of approximately
4.5%
Balanced Funding Base
7.7% 1.4%
12.0%
27.7%
51.2%
Bonds
Loans National Banks
Loans International Banks
Promissory Notes
Other
* Includes approx. EUR 32.5 mn related to velcom and EUR 5.7 mn to fixed line acquisitions in Bulgaria, which is reported in Other liabilities
** Includes approx. EUR 25.4 mn related to velcom
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