If you use this site, you agree to our use of cookies. More information I accept cookies

23. Financial instruments

open all paragraphs

General information

The principal financial instruments used by the voestalpine Group consist of bank loans, bonds, borrower’s notes, and trade payables. The primary aim of the financial instruments is to finance the business activities of the Group. The Group holds various financial assets, such as trade receivables, short-term deposits, and non-current investments, which result directly from the Group’s business activities.

The Group also uses derivative financial instruments. These instruments mainly include interest rate swaps, forward exchange transactions, and commodity swaps. These derivative financial instruments are used to hedge interest rate and currency risks and risks from fluctuations in raw materials prices, which result from the business activities of the Group and its sources of financing.

Capital management

Financial risk management – Corporate finance organization

Liquidity risk – Financing

Credit risk

Currency risk

Interest rate risk

Derivative financial instruments

Share page

to pagetop
About voestalpine

The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With its top-quality products, the Group is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide.

Facts

50 Countries on all 5 continents
500 Group companies and locations
48,500 Employees worldwide

Earnings FY 2015/16

€ 11.1 Billion

Revenue

€ 1.6 Billion

EBITDA

To the Top
Close