Financing

Our funding structure comprised the following elements for the 31th of December in 2017:

In addition to money and capital market instruments, we are also able to utilize off-balance-sheet financing instruments such as factoring programs and operating leases (89.6 € m).

The syndicated loan facility is not likely to be drawn in 2018.

Financial liabilities

€ million 09/30/2018 2017 2016 2015 2014 2013 2012 2011 2010
Bond and bonded loan 597.8 597.3 596.6 296.9 296.4 225.2 225.4 225.5 225.6
Liabilities to banks 1.9 1.9 35.5 43.2 118.4 41.9 56.5 57.2 2.0
Other financial liabilities 7.9 8.3 13.9 0.0 0.0 0.0 0.0 0.0 0.1
Liabilities under finance leases 5.1 5.8 8.5 10.8 11.7 4.0 4.2 3.5 3.6
Total 612.8 613.2 654.5 350.9 426.5 271.1 286.1 286.2 232.3
of which due within one year 3.6 3.4 5.3 6.8 17.1 2.5 14.8 13.3 1.8

Maturity Structure of Financial Liabilities in m €

(as of 09/30/2018)


Credit and guarantee lines

€ million 09/30/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Combined value 997.8 963.6 1,026.5 1,034.9 1,111.2
Drawdown 304.4 300.6 345.0 359.9 495.7

Ratings

There are no current corporate or bond ratings to assess our credit status. Dürr regularly publishes comprehensive key figures and a detailed outlook, thus ensuring a high level of visibility. The added value created by additional ratings is considered low, also given the costs involved.

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