The goal of GEA’s financing strategy is not only to be able to meet its payment obligations whenever they fall due, but also to ensure that sufficient cash reserves are always available in the form of credit lines, in addition to maintaining a strategic cash position. The centralized liquidity portfolio is managed mainly for capital preservation and risk reduction by diversifying the cash investments.
|GEA cash credit lines incl. discontinued operations
|Bilateral credit lines including accured interests||until further notice||299||245|
|Syndicated credit line (“Club Deal”)
|Liabilities to banks||–244,922||–55,845|
|Borrower‘s note loan||–||–90,651|
|Cash and cash equivalents||250,507||929,120|
|Net liquidity (+)/Net debt (-)||5,585||782,624|