Debt and liquidity

Read the most recent key data of the Group’s debt and liquidity situation.

 

Debt as of March 31, 2015

  • Consolidated net debt: €9.8bn
  • Gross debt*: €11.8bn
  • Gross debt maturity: 3 years and 11 month
  • Lafarge SA / subsidiaries external debt : 91% / 9%
  • Fixed rate / floating rate: 71% / 29%
  • Gross debt average spot interest rate: 6.5%
  • Financial covenant at Lafarge SA level: No


*Excluding puts on shares and derivatives instruments

 

Gross debt* by currency

EUR 72%
USD 13%
GBP 6%
Other 9%


*Excluding puts on shares and derivatives instruments

 

Gross debt* by source of financing

Debentures 78%
Banks and others 14%
Notes /
Private placements
8%


*Excluding puts on shares and derivatives instruments

 

Gross debt* maturity profile

2015_uk_ech-det-brut-new.gif
 


*Excluding puts on shares and derivatives instruments

 

Liquidity as of March 31, 2015

€bn Amount 2015 2016 2017 2018
Syndicated committed credit lines 1.5 - - 1.5 -
Bilateral committed credit lines 1.5 - 0.2 0.6 0.7
Cash and cash equivalent 1.9        
Total sources of liquidity 4.9        

Short-term debt and short-term portion of long-term debt

(2.7)        
Overnight debt and other short-term borrowings (0.3)        
Total available liquidity 1.9        


* Classified as long-term in the Group's Statement of Financial Position, as they can be refinanced on a medium and long-term basis through the committed credit lines.