DSM Integrated Annual Report 2020

8 Borrowings

 

 

2020

 

2019

 

 

Total

 

Of which current

 

Total

 

Of which current

 

 

 

 

 

 

 

 

 

Debenture loans

 

3,237

 

-

 

2,244

 

-

Total

 

3,237

 

-

 

2,244

 

-

At 31 December 2020, there were six debenture loans (€3,237 million, maturing in 2022, 2024 and from 2025 through 2032).

The repayment schedule for borrowings is as follows.

Borrowings by maturity

 

 

2020

 

2019

 

 

 

 

 

2021

 

-

 

-

2022

 

500

 

500

2023

 

-

 

-

2024 and 2025

 

997

 

997

After 2025

 

1,740

 

747

Total

 

3,237

 

2,244

In agreements governing loans with a residual amount at year-end 2020 of €3,237 million (31 December 2019: €2,244 million), clauses have been included which restrict the provision of security. More information on borrowings is provided in Note 19 to the ‘Consolidated financial statements’.