Integrated Annual Report 2025

5. Financial liabilities

Financial liabilities consist of:

EUR million

2025

2024

Bank debts

2.0

2.4

Bank loans

2.5

62.6

Other loans

0.4

0.4

Financial lease liabilities

2.4

3.2

Total

7.2

68.6

Financial lease liabilities have the following maturity structure:

EUR million

2025

2024

Less than 12 months

0.4

0.6

12 months to 60 months

1.7

1.9

More than 60 months

0.3

0.7

Total

2.4

3.2

Total financial liabilities have the following maturities and currencies:

EUR million

2025

2024

Split by maturity

Less than 12 months

4.6

4.3

12 months to 60 months

2.3

63.5

More than 60 months

0.3

0.7

Total

7.2

68.6

Split by currency

CAD

0.3

0.3

CHF

-

42.6

EUR

6.9

25.7

Total

7.2

68.6

Short-term loans are at average interest rates of 2.2% (previous year: 2.5%). Long-term loans are at average interest rates of 1.5% (previous year: 1.7%).

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