Note 44 Non-current liabilities
Interest-bearing debt
|
€ million |
2024 |
2023 |
|
Carrying amount as at 1 January |
4,038 |
3,425 |
|
Movements |
||
|
New loans |
2,391 |
739 |
|
Loans repaid |
-2,556 |
-126 |
|
Received deposits |
- |
- |
|
Total |
-165 |
613 |
|
Carrying amount as at 31 December |
3,873 |
4,038 |
Long-term loans including the current portion
|
Effective interest rate |
Short-term portion |
Long-term portion |
||||
|
€ million |
2024 |
2023 |
2024 |
2023 |
2024 |
2023 |
|
Subordinated loans |
2.5% |
2.5% |
- |
- |
640 |
640 |
|
Private and green loans |
1.4% |
1.4% |
1 |
1 |
300 |
310 |
|
Euro Medium Term Notes |
2.3% |
1.8% |
- |
400 |
2,932 |
2,187 |
|
Euro Commercial Paper |
0,0% |
0,0% |
- |
500 |
- |
- |
|
Carrying amount as at 31 December |
1 |
901 |
3,872 |
3,137 |
||
Subordinated loans
These loans have been made available by shareholders. They are subordinated to all other liabilities.
Maturities of interest-bearing debt
|
€ million |
2024 |
2023 |
|
Less than 1 year |
1 |
901 |
|
Between 1 and 2 years |
300 |
9 |
|
Between 2 and 3 years |
498 |
299 |
|
Between 3 and 4 years |
528 |
498 |
|
Between 4 and 5 years |
9 |
528 |
|
Over 5 years |
2,537 |
1,803 |
|
Carrying amount as at 31 December |
3,873 |
4,038 |