Debt Maturity
Wolters Kluwer debt maturity profile as of December 31, 2019
Tertiary Navigation
Equity & Debt Information
Net Debt
| € Million | December 31, 2019 | December 31, 2018 |
| Total bonds and other long-term debt | 1,818 | 2,061 |
| Long-term lease liabilities | 293 | 188 |
| Total short-term debt | 1,005 | 817 |
| Gross debt | 3,116 | 3,066 |
| Cash and cash equivalents | (899) | (783) |
| Divestment receivable | - | (13) |
| Derivative financial instruments | (18) | (21) |
| Net debt | 2,199 | 2,249 |
* 2018 has been restated for IFRS 16
Debt Structure
| Outstanding Debt By Instrument Per December 31, 2019 (€ Million) | By Currency Per December 31, 2019 | |||
| Bonds | 1,629 | 53% | Euro | 85% |
| Private placements | 413 | 13% | U.S. dollar | 9% |
| Lease liabilities (long- and short-term) | 368 | 12% | JPY | 5% |
| Euro Commercial Paper (ECP) | 200 | 6% | Other | 1% |
| Other loans | 506 | 16% | ||
| Gross debt | 3,116 | 100% | 100% | |