Welcome to LANXESS Annual Report 2012!

Skip to:zur Hauptnavigation,zum Inhaltsbereich,zur Suche

(15) Other non-current and current financial liabilities

The following tables show the structure and maturities of other financial liabilities:

Other Financial Liabilities as of Dec. 31, 2011
               
€ million Current Non-current
               
  2012 2013 2014 2015 2016 > 2016 Total
               
Bonds 401   497   199 496 1,192
Liabilities to banks 159 27 35 34 34 61 191
Liabilities under finance leases 11 35 7 4 5 22 73
Other primary financial liabilities 62   2 3 3 1 9
  633 62 541 41 241 580 1,465
 
Other Financial Liabilities as of Dec. 31, 2012
               
€ million Current Non-current
               
  2013 2014 2015 2016 2017 > 2017 Total
               
Bonds   498 60 199   1,189 1,946
Liabilities to banks 75 41 34 34 39 22 170
Liabilities under finance leases 35 8 6 5 4 20 43
Other primary financial liabilities 57 3 2 2 0 1 8
  167 550 102 240 43 1,232 2,167
 

The following bonds were outstanding on December 31, 2012:

Bonds
         
Issuance Nominal amount million Carrying amount € million Interest rate % Maturity
         
April 2009 500 EUR 498 7.750 April 2014
September 2009 200 EUR 199 5.500 September 2016
May 2011 500 EUR 497 4.125 May 2018
February 2012 500 CNH 60 3.950 February 2015
April 2012 100 EUR 100 3.500 April 2022
April 2012 100 EUR 99 3.950 April 2027
November 2012 500 EUR 493 2.625 November 2022
 

The €500 million Eurobond issued in June 2005 with an annual coupon of 4.125% matured in fiscal 2012. The remaining nominal amount of €402 million was repaid in June 2012.

The weighted average interest rate for financial liabilities in the LANXESS Group at year end was 4.8% (2011: 5.3%).

Liabilities under lease agreements are recognized if the leased assets are capitalized under property, plant and equipment as the economic property of the Group (finance leases). Lease payments totaling €92 million (2011: €100 million), including €14 million (2011: €16 million) in interest are to be made to lessors in future years.

Other primary financial liabilities include accrued interest of €54 million (2011: €55 million) on financial liabilities. Of this amount, €52 million (2011: €53 million) relates to the above-mentioned bonds.

Information on the fair values of financial liabilities and the contractually agreed payments, especially interest payments, is given in Note [35].

Service

Key Figure Analyser