Borrowings
|
2018
|
2017
|
|||
|
Total
|
Of which current
|
Total
|
Of which current
|
|
|
Debenture loans
|
2,543
|
300
|
2,542
|
-
|
|
Commercial paper
|
-
|
-
|
-
|
-
|
|
Total
|
2,543
|
300
|
2,542
|
-
|
At 31 December 2018, there were four debenture loans (€2,543 million, maturing in 2019, 2022 and from 2023 through 2027).
The repayment schedule for borrowings (excluding commercial paper) is as follows:
Borrowings by maturity
|
2018
|
2017
|
|
|
2018
|
-
|
-
|
|
2019
|
300
|
300
|
|
2020
|
-
|
-
|
|
2021 and 2022
|
500
|
500
|
|
2023 through 2027
|
1,743
|
1,742
|
|
Total
|
2,543
|
2,542
|
In agreements governing loans with a residual amount at year-end 2018 of €2,543 million, of which €300 million is of a current nature (31 December 2017: €2,542 million, of which zero was of a current nature), clauses have been included which restrict the provision of security. More information on borrowings is provided in Note 19 to the 'Consolidated financial statements'.