Luxottica: prosegue la forte crescita dei risultati
Luxottica: prosegue la forte crescita dei risultati
Luxottica: prosegue la forte crescita dei risultati
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Non-IAS/IFRS Measure: Net debt and Net debt / EBITDA<br />
Millions of Euro<br />
September 30, 2010 Dec 31, 2009<br />
Long-term debt 2,394.6 2,401.8<br />
(+)<br />
Current portion of long-term debt (+) 135.1 166.3<br />
(+)<br />
Bank overdrafts (+) 222.0 149.0<br />
Cash (-) (482.9) (380.1)<br />
Net debt (=) 2,268.8 2,336.9<br />
LTM EBITDA 986.7 856.5<br />
Net debt/LTM EBITDA 2.3x 2.7x<br />
Net debt @ avg. exchange rates (1) 2,274.7 2,381.7<br />
Net debt @ avg. exchange rates (1) /LTM EBITDA 2.3x 2.8x<br />
1. Net debt figures are calcu<strong>la</strong>ted using the average exchange rates used to calcu<strong>la</strong>te the EBITDA figures