Financial position

The main objectives of L&T’s Group Treasury are to ensure a sufficient and cost-efficient financing at all times and the management of financial risks. The principals of L&T’s treasury operations and financial risk management are defined in Treasury Policy approved by the Board of Directors.

Funding programmes

Commercial paper programme: Of the EUR 100 million, EUR 20 million (EUR 0.0 million) was in use on 30 September 2017

Banks: Nordea, Danske, OP-Pohjola

Unsecured bond: EUR 30 million, maturing on 15 September 2019

Long-term loans 30 September 2017

Maturity structure of long-term loans 30 September 2017