Convertible bond / Financing / Sustainable Finance Framework
Convertible bond
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Financing
Please see the current funding structure in our latest → financial reporting document.
Financial liabilities
| € million | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
| Bond/convertible bond/Schuldschein loans | 1,058.0 | 806.3 | 803.7 | 951.9 | 798.2 | 598.0 | 597.3 | 596.6 | 296.9 |
| Liabilities to banks | 357.0 | 0.9 | 27.0 | 0.0 | 0.4 | 1.0 | 1.9 | 35.5 | 43.2 |
| Leasing liabilities1 | 118.1 | 94.8 | 95.7 | 98.4 | 107.1 | 7.2 | 5.8 | 8.5 | 10.8 |
| Other financial liabilities | 2.2 | 1.9 | 1.8 | 7.1 | 7.3 | 7.8 | 8.3 | 13.9 | 0.0 |
| Interest deferral | 18.7 | 8.7 | 9.2 | 10.6 | 10.1 | 9.3 | 9.4 | 0.0 | 0.0 |
| Total | 1,554.0 | 912.6 | 937.4 | 1,068.0 | 923.1 | 623.3 | 622.6 | 654.5 | 350.9 |
| of which due within one year | 486.9 | 87.8 | 39.6 | 394.2 | 38.0 | 12.5 | 12.7 | 5.3 | 6.8 |
| 1 From 2019 onwards also including operating leases. |
Maturity structure of financial liabilities in €m
(September 30, 2024)
* Schuldschein tranche of €52 m due in 2025 repaid in October 2024
Credit facilities unutilized (syndicated facility): €750 m maturing in 2028
Other financial liabilities (incl. real estate linked financing Teamtechnik, BBS, and Ingecal debt) not included
Overview in €bn
(September 30, 2024)
Without leasing liabilities or accrued interest
Credit and guarantee lines
| € million | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |
| Combined value | 2,761.2 | 1,850.5 | 1,571.4 | 1,601.2 | 1,474.9 | 1,072.1 | 963.6 | 1,026.5 | |
| Drawdown (guarantees) | 1,086.8 | 610.7 | 539.1 | 473.1 | 476.7 | 317.3 | 300.6 | 345.0 |
Ratings
There are no current corporate or bond ratings to assess our credit status. Dürr regularly publishes comprehensive key figures and a detailed outlook, thus ensuring a high level of visibility. The added value created by additional ratings is considered low, also given the costs involved.
Sustainable Finance Framework
Our Sustainable Finance Framework provides the framework for future corporate financing guided by sustainability principles. It specifies how sustainable financing instruments, such as green bonds and “Schuldschein” loans, are to be used. We thus create an important prerequisite for being able to raise funds on the financial market for environmental and climate protection projects or the development of sustainable products. By means of the framework, we can offer attractive green investment opportunities to external lenders and align corporate financing even better with our sustainability strategy. We thus underline our pioneering role in the field of sustainable financing.
More information on the topic can be found on our → sustainable finance page.