Gearing Ratio Excluding Leases and Leverage Ratio
In EUR mn (unless otherwise stated) |
|
|
|
||||
|
2020 |
2019 |
Δ |
||||
|---|---|---|---|---|---|---|---|
Bonds |
8,869 |
5,802 |
53% |
||||
Other interest-bearing debts 1 |
2,130 |
769 |
177% |
||||
Debt excluding leases |
10,999 |
6,570 |
67% |
||||
Cash and cash equivalents 2 |
2,869 |
2,938 |
(2)% |
||||
Net debt excluding leases |
8,130 |
3,632 |
124% |
||||
Equity |
19,899 |
16,863 |
18% |
||||
Gearing ratio excluding leases in % |
41% |
22% |
19 |
||||
|
|||||||
In EUR mn (unless otherwise stated) |
|
|
|
||||||
|
2020 |
2019 |
Δ |
||||||
|---|---|---|---|---|---|---|---|---|---|
Net debt excluding leases |
8,130 |
3,632 |
124% |
||||||
Lease Liabilities 2 |
1,217 |
1,054 |
15% |
||||||
Net debt including leases |
9,347 |
4,686 |
99% |
||||||
Capital employed 3 |
29,246 |
21,549 |
36% |
||||||
Leverage ratio in % |
32% |
22% |
10 |
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|
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