Debt market

As of December 31, 2016, Electrolux had a net cash position of SEK 3,809m.

As of December 31, 2016, Electrolux had a net cash position of SEK 3,809m compared with a financial net debt of SEK 1,898m as of December 31, 2015. This is a result of the strong cash flow in 2016.

Net provisions for post-employment benefits declined to SEK 4,169m. In total, net debt declined by SEK 6,047m in the full year of 2016.

Long-term borrowings as of December 31, 2016, including long-term borrowings with maturities within 12 months, amounted to SEK 8,451m with average maturity of 2.7 years, compared to SEK 11,000m and 2.8 years at the end of 2015.

During 2017, long-term borrowings in the amount of approximately SEK 500m will mature.

Liquid funds as of December 31, 2016, amounted to SEK 14,011m, an increase of SEK 2,812m compared to SEK 11,199m as of December 31, 2015.

In December 2016, Electrolux investment-grade rating from Standard & Poor’s was upgraded from BBB+ with a stable outlook to A- with a stable outlook.

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A significant portion of the Group´s long-term borrowings are issued on the capital markets under the Group´s Euro medium-term note program.

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