AT&S World
AT&S World
AT&S World
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Financing maturities<br />
Maturities<br />
in EUR m < 1 year 1–5 years Total<br />
Bonds 3.7 79.8 83.5<br />
Export loans 36.0 – 36.0<br />
Public sector loans 0.2 0.2 0.4<br />
Bank borrowings 76.5 15.5 92.0<br />
Derivative financial instruments 0.0 0.1 0.1<br />
Total* 116.4 95.6 212.0<br />
* at book value<br />
Bond<br />
The bond issued in May 2008 for EUR 80m matures on<br />
27 May 2013. The coupon is fixed at 5.5% p.a. The bond (ISIN:<br />
AT0000A09S02) is listed on the Vienna Stock Exchange Third<br />
Market.<br />
Export loans from Oesterreichische Kontrollbank (OeKB)<br />
OeKB finances exports of goods and services if these directly or<br />
indirectly benefit the Austrian balance of payments. The bank<br />
provides short-term revolving export loan facilities for large<br />
companies up to a maximum of 15% of total export revenue.<br />
Status and outlook<br />
We currently see AT&S’s financial position as very healthy: we<br />
have sufficient lines of credit available, agreed either in writing<br />
or orally. In the light of our customers’ strongly growing needs<br />
for additional capacity, we shall be making capital investments<br />
of some EUR 130m in the financial year 2011/12. We are ex-<br />
pecting the additional capacity to generate considerable growth<br />
and a significant increase in operating cash flows, which in turn<br />
will have a positive effect on gearing<br />
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