- Average ML/T debt maturity: reported 7.6 years (bonds only: 6 years), after lease 5.6 years
- Fixed rate portion on reported gross debt approximately 74%
- 22% of the outstanding bonds (nominal value) is denominated in USD and 17% in BRL, fully hedged vs accounting currencies
- Cost of debt: reported 7.4%, after lease 6.3%
NOTE: The figures are net of the adjustment due to the fair value measurement of derivatives and related financial liabilities/assets, as follows:
the impact on Gross Financial Debt is equal to 234 €/mln (of which 39 €/mln on bonds),
the impact on Financial Assets is equal to 171 €/mln,
therefore, the Net Financial Indebtedness is adjusted by 63 €/mln.