Annual Report 2012 - Indesit

Separate financial statements at 31 December 2012 – Notes
In addition to the financial covenants, the above lines of credit require Indesit Company S.p.A. and, in
certain cases, a number of Group companies to comply with other affirmative and negative covenants
that are consistent with market standards for transactions of a similar nature, amount, maturity and risk
profile.
Failure to comply with these financial covenants would, following the elapse of a given period of time
available to correct such non-compliance, give the counterpart a right to the early repayment of the
related borrowings.
The above covenants are monitored constantly by the Group. All covenants are met at 31 December
2012.
Medium and long-term payables are analyzed by maturity in the following table.
Medium/long-term financial liabilities
(million euro)
Total 2014 2015 2016 2017 2018 Total
Loans and borrowings from Indesit Company
Luxembourg S.A. 162.2 141.4 0.0 20.8 0.0 0.0 162.2
Due to banks and other financial payables 70.2 18.2 13.8 12.6 12.8 12.8 70.2
Total 232.4 159.6 13.8 33.4 12.8 12.8 232.4
(million euro)
Medium/
long-term
financial
liabilities
Due between
1 and 5 years
Due beyond
5 years
Loans and borrowings from Indesit Company Luxembourg S.A. 162.2 162.2 -
Due to banks 61.5 49.0 12.5
Due to other financial payables 1.8 1.3 0.4
Liability from the measurement of derivative instruments 7.0 7.0
Total 232.4 219.5 12.9
170