Gross Financial Debt definition

Gross Financial Debt means total financial liabilities considering financing cost capitalized plus accrued interests and overdraft. It includes both non-current and current financial liabilities. This measure offers to the reader a global view of the Financial Debt without considering the payment terms.
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Gross Financial Debt means total financial liabilities considering financing cost capitalized plus accrued interests and overdraft. It includes both non-current and current financial liabilities. This
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Gross Financial Debt has the meaning set out in in Schedule 4.1.2;
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Examples of Gross Financial Debt in a sentence

  • The Net Debt reflects the actual borrowing situation and corresponds to the difference between the total Gross Financial Debt and the immediately available Financial Assets, in particular, Available and Short-term Financial Investments in negotiable securities.

  • As of 31 March 2021, TIM’s consolidated Gross Financial Debt was 31,160 million euro, compared to 32,162 million euro on 31 December 2020.

  • It is represented by Gross Financial Debt less Cash and Cash Equivalents and other Financial Assets.

  • Líquida / Patrimônio Líquido513,73,0x2,2x670,53,1x1,8x30,5% In June 2020, Adjusted Gross Financial Debt (includes Actuarial Liabilities) totaled R$3,980.5 million, up by 13.7% over December 2019.Adjusted Net Financial Debt (including the Actuarial Liabilities), totaled R$3,097.9 million in June 2020, stable (cash effect) compared to December 2019.

  • As of 31 March 2020, TIM’s consolidated Gross Financial Debt was 33,978 million euros, compared to 34,657 million euros on 31 December 2019.

  • Gross financial debt The Gross Financial Debt corresponds to “Bond issues and other loans”, “Loans and credit facilities” and “Lease liabilities”, but does not include any debt held by Group companies registered using the equity method of consolidation, “Derivative financial instruments” or “Other financial liabilities”.

  • Gross Financial Debt 06.30.2011 12.31.2010Mix fixed and variable rate:(in millions of euros)without with % with derivatives derivatives derivativeswithout with derivatives derivatives% with derivatives- fixed rate portion (included structures with CAP)1,8591,43332%1,863 1,49034%- variable rate portion2,6353,06168%2,472 2,84566%Total gross financial debt (*)4,4944,494100%4,335 4,335100%(*) For a breakdown of gross financial debt see the "Liquidity Risk" paragraph of this Report.

  • Gross Financial Debt 12.31.2010 12.31.2009Mix fixed and variable rate:(in millions of euros)without with % with derivatives derivatives derivativeswithout with derivatives derivatives% with derivatives- fixed rate portion (included structures with CAP)1,8631,490(*) For a breakdown of gross financial debt see the "Liquidity Risk" paragraph of this Report.

  • Millions of euros) Gross Financial Debt At year‐end, gross financial debt increased by 16.4% to 697 million euros.This increase is largely due to the entry into consolidation in the fourth quarter of the Realia Group and Jezzine in the Real Estate area, with an overall balance of 966.6 million euros at the end of the year.Regarding its temporary structure, it should be noted that 33.4% has a short‐term maturity, worth 1,651.2 million euros.

  • Gross Financial Debt(*) 2013 amounts have been restated as a result of the adoption of IFRS 11 “Joint Arrangements”.


More Definitions of Gross Financial Debt

Gross Financial Debt means our financial liabilities, including bank credit and debts to other financial institutions and to our bondholders.
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Gross Financial Debt means our financial liabilities, including bank credit and debts to other financial institutions and to our bondholders. The terms that are mentioned in this section, as above, which have not been defined are to be interpreted in accordance with generally accepted accounting principles in Israel
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Gross Financial Debt means the items corresponding to Dettes financières à long terme and Dettes financières à court terme shown in the Company’s consolidated balance sheet and described in the notes to Company’s annual consolidated financial statements provided that:
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Gross Financial Debt means, on any date, the sum of the amounts specified under the headings "Bond issuances" ("Emprunt Obligataires") and "Borrowings and financial debt with credit institutions" ("Emprunts et dettes financières auprès d’établissement de crédit") under the heading "Non-current borrowings and financial liabilities" ("Emprunts et dettes financières à plus d’un an") and the amount specified under the headings "Bond issuances" ("Emprunt Obligataires"), "Borrowings and financial debt with credit institutions (excluding overdrafts)" ("Emprunt et dettes financières auprès des établissements de credit (hors trésorerie passive)") and "Bank facilities (overdrafts)" ("concours bancaires (trésorerie passive)")) under the heading "Non-current borrowings and financial debt (less than one year)" ("Emprunts et dettes financières à moins d’un an") in the Group’s annual or half- yearly consolidated accounts;
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Gross Financial Debt means, on any date, the sum of the amounts specified under the headings "Bond issues" ("Emprunts Obligataires"), "Negociable European Medium-Term Note" ("Titres négociables à moyen terme"), "Negociable European Commercial Paper" ("Titres négociables à court terme"), "Borrowings from credit establishments" ("Emprunts auprès des établissements de crédit") and "Bank overdrafts" ("Découverts bancaires") in the Group’s annual or half-yearly consolidated accounts;
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Gross Financial Debt means, on any date, the sumof the amounts specified under the headings " Bond issues" ("Emprunts Obligataires"),"Borrowings from lending establishments" ("Emprunts auprès des établissements de crédit") and “Negociable Euro Medium Term notes” (“Titres négociables à moyen terme”) under the heading "Non-current borrowings and financial liabilities" ("Emprunts et dettes financières à plus d’un an") and the amount specified under the headings " Bond issues" ("Emprunts Obligataires"), "Borrowings from lending establishments" ("Emprunts auprès des établissements de crédit"), “Negociable European Commercial Paper” (“Titres négociables à court terme”) and "Bank overdrafts" ("Découverts bancaires") under the heading "Non- current borrowings and financial liabilities" ("Emprunts et dettes financières à moins d’un an") in the Group’s annual or half-yearly consolidated accounts;
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Related to Gross Financial Debt

  • Net Financial Debt ’ means “Gross Financial Debt” less “cash and cash equivalents”. This measure offers to the reader a global view of the Financial Debt without considering the payment terms and reduced by the effects of the available cash and cash equivalents to face these future payments.

  • Consolidated Indebtedness means at any time the Indebtedness of the Company and its Subsidiaries calculated on a consolidated basis as of such time.

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • Consolidated Net Indebtedness means at any time, Consolidated Total Indebtedness minus all Unrestricted Cash of the Borrowers and their Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Funded Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a Consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all purchase money Indebtedness; (c) the maximum amount available to be drawn under issued and outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (f) above of Persons other than the Borrower or any Subsidiary; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary.