Financial Structure

Net financial debt performance

Data as at 31 December 2021


(mln€)
 
31 Dec. 2021
(a)
31 dec. 2020
(b)  
Change
(a-b)
Net debt 3,977.2 3,528.0 449.2
Net debt (ESMA) 3,988.4 3,552.0 436.4
Medium/Long term 4.792.0 4,154.3 637.7
Short-term (803.6) (602.3) (201.3)

Debt structure at 31 December 2021

Diagrams on the debt structure of the Acea Group

Key Debt Ratios

3.17x
Net debt/EBITDA 31/12/2021
3.05x
Net debt/EBITDA 31/12/2020
0.71x
NET DEBT/RAB
31/12/2021
0.74x
NET DEBT/RAB
31/12/2020
1.58x
NET DEBT/EQUITY 31/12/2021
1.52x
NET DEBT/EQUITY 31/12/2020

Summary of Acea bonds


AMOUNT 
 
 ISSUE DATE EXPIRY  COUPON
(% p.a.)  RATE, PERIOD
RATING MOODY'S/S&P/ FITCH
300,000,000 EUR 28/01/2021 28/09/2025 0.000 - Fixed, Annual  Baa2/NR/BBB+
600,000,000 EUR 28/01/2021 28/07/2030 0.250 - Fixed, Annual  Baa2/NR/BBB+
500,000,000 EUR 06/02/2020 06/04/2029 0.500 - Fixed, Annual Baa2/NR/BBB+
500,000,000 EUR 23/05/2019 23/05/2028 1.750 - Fixed, Annual Baa2/NR/BBB+
700,000,000 EUR 08/02/2018 08/06/2027 1.500 - Fixed, Annual Baa2/NR/BBB+
300,000,000 EUR 08/02/2018 08/02/2023 EUR003M
+37 Bps  -FRN, Quarterly
Baa2/NR/BBB+
500,000,000 EUR 24/10/2016 24/10/2026 1.000 - Fixed, Annual Baa2/NR/BBB+
600,000,000 EUR 15/07/2014 15/07/2024 2.625 - Fixed, Annual Baa2/NR/BBB+
20,000,000,000 JPY 03/03/2010 03/03/2025 2.500 - Fixed, Semiannual NR/NR/BBB+

Debt maturities

Data as at 31 December 2021

Diagram on the trend of the expiry date of the debt of the Acea Group