Financial Information
Financing
To preserve a balanced capital structure and match financial resources with funding requirements, the key guidelines are that long-term debt is primarily used to support long-term investments, while short-term debt is used to support ongoing business in financing its main working capital needs
Sound Balance Sheet Structure
The balance sheet as of 31 December 2021 showed an excess of long-term resources of US$ 3.3 billion
14,193
Fixed assets & investments
4,216
Other non-current assets (net)
444
Less liquid working capital
1,529
RMI
6,514
Liquid assets below 3 months
703
Current financial assets
787
Use of Capital
14,193
Equity
5,427
LT Debt
4,036
ST Debt
4,730
Source of Capital
14,193
Fixed assets & investments
4,216
Other non-current assets (net)
444
Less liquid working capital
1,529
RMI
6,514
Liquid assets below 3 months
703
Current financial assets
787
Use of Capital
14,193
Equity
5,427
LT Debt
4,036
ST Debt
4,730
Source of Capital
Long-term Financing Split by Nature
2021 (In US$ million)
Debt capital markets
2,050
%
Drawn revolving credit facilities
4
%
Term loans from banks
2,220
%
2020 (In US$ million)
Debt capital markets
1,522
%
Drawn revolving credit facilities
15
%
Term loans from banks
2,064
%
Debt capital markets
Drawn revolving credit facilities
Term loans from banks
Long-term Financing Maturity
In US$ million
2021
2020
0
0
Maturity between 1-2 years
0
0
Maturity between 2-3 years
0
0
Maturity between 3-4 years
0
0
Maturity between 4-5 years
0
0
Maturity > 5 years
Debt Capital Markets
Bonds
ISIN Code | Currency | Amount | Coupon | Maturity | Market |
---|---|---|---|---|---|
XS1629414704 | USD | USD300m | 5.25% | 13/06/2023 | Luxembourg stock exchange |
XS2264074647 | EUR | EUR650m | 2.375% | 27/11/2025 | Luxembourg stock exchange |
XS2332552541 | EUR | EUR500m | 1.625% | 28/04/2028 | Luxembourg stock exchange |
Prospectus
- Prospectus – 2021-04 26/04/2021
- Agency Agreement 28/04/2021
- Supplemental Agency Agreement 02.09.2021
- Prospectus – 2020-11 25/11/2020
- Prospectus – 2017-06 04/12/2017
- Prospectus – 2017-02 17/11/2016
Notices
- Issuer Substitution 01/09/2021
- Issuer Substitution 18/08/2021
Issuer’s articles of association
- Articles of association – LDC Finance BV 01/09/2021