Our funding structure comprised the following elements for the 31th of December in 2017:

  • Corporate bond issued by Dürr AG for € 300 million (maturity: 2021)
  • Bonded loan issued by Dürr AG for € 300 million (maturity: 2021 - 2026)
  • Syndicated loan held by Dürr AG for € 465 million
  • Bilateral credit facilities of a smaller volume and liabilities from finance leases.

In addition to money and capital market instruments, we are also able to utilize off-balance-sheet financing instruments such as factoring programs and operating leases (81.6 € m).

The syndicated loan facility is not likely to be drawn in 2018.

Financial liabilities

€ million03/31/20182017 201620152014201320122011
Bond and bonded loan597.4597.3596.6296.9296.4225.2225.4225.5
Liabilities to banks0.01.935.543.2118.441.956.557.2
Other financial liabilities8.18.313.
Liabilities under finance leases5.65.88.510.811.
   of which due within one year1.



Maturity Structure of Financial Liabilities (as of 03/31/2018)

€ million

Dürr credit and guarantee lines

€ million03/31/201812/31/201712/31/201612/31/201512/31/2014
Combined value962.4963.61,026.51,034.91,111.2


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.