Debt market

As of December 31, 2018, Electrolux had a financial net cash position of SEK 1,989m compared to the net financial cash position of SEK 2,437m as of December 31, 2017. Net provisions for post-employment benefits increased to SEK 3,814m. In total, net debt amounted to SEK 1,825m, an increase by SEK 1,628m compared to SEK 197m per December 31, 2017.

Long-term borrowings and long-term borrowings with maturities within 12 months amounted to a total of SEK 8,553m as of December 31, 2018 with average maturity of 2.6 years, compared to SEK 8,088m and 2.4 years at the end of 2017.

In the fourth quarter long-term borrowings in the amount of approximately SEK 380m were amortized. During 2019, long-term borrowings amounting to approximately SEK 2,400m will mature.

Liquid funds as of December 31, 2018, amounted to SEK 12,249m, an increase of SEK 275m compared to SEK 11,974m as of December 31, 2017.