Debt market

As of June 30, 2018, Electrolux had a financial net debt of SEK 393m.

As of June 30, 2018, Electrolux had a financial net debt of SEK 393m compared to the net financial cash position of SEK 2,437m as of December 31, 2017. Net provisions for post-employment benefits decreased to SEK 2,352m. In total, net debt amounted to SEK 2,745m, an increase by SEK 2,548m compared to SEK 197m as of December 31, 2017.

Long-term borrowings as of June 30, 2018, including long-term borrowings with maturities within 12 months, amounted to SEK 9,018m with average maturity of 2.9 years, compared to SEK 8,088m and 2.4 years at the end of 2017.

In the second quarter a new long-term bond loan of USD 73m, was raised and long-term borrowings in the amount of SEK 77m were amortized. During the remaining part of 2018, long-term borrowings amounting to approximately SEK 500m will mature.

Liquid funds as of June 30, 2018, amounted to SEK 9,969m, a decrease of SEK 2,005m compared to SEK 11,974m as of December 31, 2017.

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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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