The mission of the Konecranes treasury is:
• to ensure availability of cost efficient funding for business operations at all times
• to manage Group’s financial risks; i.e. foreign exchange, interest rate, counterparty and liquidity risks in a predefined and controlled way.
Key figures
| Q1/2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|
| Interest-bearing net debt, MEUR | 535.6 | 129.6 | 203.2 | 149.5 | 187.3 | 181.8 |
| Interest-bearing net debt / Equity, % | 42.8 | 29.1 | 44.6 | 33.3 | 42.1 | 39.3 |
| Equity to assets ratio, % | 35.5 | 32.9 | 34.8 | 35.2 | 34.0 | 34.0 |
| Net working capital, MEUR | 259.2 | 304.3 | 317.4 | 263.7 | 289.4 | 295.5 |
Interest-bearing net debt on March 31, 2017
| EUR million | March 31, 2017 |
|---|---|
| Non-current interest-bearing liabilities | 794.7 |
| Current interest-bearing liabilities | 181.6 |
| Loans receivable | -17.1 |
| Cash and cash equivalents | -423.6 |
| Interest-bearing net debt | 535.6 |