85
NET FINANCIAL POSITION
The following table provides a detailed breakdown of the net financial position:
(in millions of Euro)
31 December 2012
31 December 2011
Change 31 December 2010
Long-term financial payables
946
400
546
671
Term Loan Facility
(11)
(6)
(5)
(2)
Bank fees
398
397
1
396
Bond
35
31
4
44
Derivatives
100
89
11
46
Other financial payables
1,468
911
557
1,155
Total long-term financial payables
Term Loan Facility
125
676
(551)
101
Bond
15
15
-
15
Securitization
75
111
(36)
-
Derivatives
7
24
(17)
9
Other financial payables
146
180
(34)
85
Total short-term financial payables
368
1,006
(638)
210
Total financial liabilities
1,836
1,917
(81)
1,365
Long-term financial receivables
9
10
(1)
1
Long-term derivatives
-
1
(1)
3
Long-term bank fees
4
15
(11)
16
Short-term financial receivables
7
9
(2)
42
Short-term derivatives
3
4
(1)
3
Short-term bank fees
5
7
(2)
3
Short-term available-for-sale financial assets
-
-
-
142
Financial assets held for trading
78
80
(2)
66
Cash and cash equivalents
812
727
85
630
Total financial assets
918
853
65
906
Net financial position
918
1,064
(146)
459
