Download center

31. Interest-bearing loans

 


Carrying
Carrying

amount Fair value amount Fair value
EUR million 2013 2013 2012 2012
Non-current



Bonds 252.0 296.0 253.9 271.0
Loans from financial institutions - - 0.6 0.6
Pension loans - - 12.5 13.0
Finance lease liabilities 31.4 31.4 21.3 21.3
Liabilities associated with non-current assets classified as held for sale 0.1 0.1 0.2 0.2
Total 283.6 327.5 288.5 306.0





Current



Loans from financial institutions



Pension loans 12.5 12.5 25.0 25.0
Finance lease liabilities 9.0 9.0 6.5 6.5
Other - - 4.8 4.8
Total 21.5 21.6 36.3 36.3





Finance lease liabilities: minimum lease payments






EUR million

2013 2012
Less than 1 year

10.6 7.5
1–5 years

31.1 21.6
More than 5 years

1.8 0.7
Minimum lease payments total

43.6 29.8
Future interest expenses

-3.1 -1.9
Total

40.5 27.9





Present value of minimum lease payments:






EUR million

2013 2012
Less than 1 year

9.5 6.8
1–5 years

30.9 20.7
More than 5 years

0.0 0.4
Total

40.5 27.9





         

Finance leases consist mainly of leased transport, production and IT equipment. Duration of leasing contracts is typically 3–10 years.