Wärtsilä’s second quarter cash flow from operating activities amounted to EUR 202 million (47). For January-June 2016, the operating cash flow totalled EUR 189 million (84). Working capital totalled EUR 602 million (404) at the end of the review period, a decrease of EUR 107 million from the end of the previous quarter. Advances received at the end of the period totalled EUR 610 million (761). At the end of the previous quarter, advances totalled EUR 618 million. Cash and cash equivalents at the end of the period amounted to EUR 357 million (269) and unutilised Committed Revolving Credit Facilities totalled EUR 629 million (629).
Wärtsilä had interest-bearing debt totalling EUR 881 million (779) at the end of June 2016. At the end of December 2015, interest-bearing debt totalled EUR 724 million. The total amount of short-term debt maturing within the next 12 months was EUR 336 million. Long-term loans amounted to EUR 545 million. Net interest-bearing debt totalled EUR 517 million (495) and gearing was 0.25 (0.25).