Close

Annual Report 2013

q4 2013

q3 2013

q2 2013

q1 2013

Annual Report 2014

q4 2014

q3 2014

q2 2014

q1 2014

Annual Report 2015

q4 2015

q3 2015

q2 2015

q1 2015

q1 2016

q2 2016

q3 2016

q4 2016

Annual Report 2016

Cash flow, balance sheet, and financing

Wärtsilä’s fourth quarter cash flow from operating activities amounted to EUR 235 million (176). For the period January-December 2016, the operating cash flow totalled EUR 613 million (255). Working capital totalled EUR 490 million (543) at the end of the review period, a decrease of EUR 50 million from the end of the previous quarter. Advances received at the end of the period totalled EUR 516 million (564). At the end of the previous quarter, advances totalled EUR 626 million. Cash and cash equivalents at the end of the period amounted to EUR 472 million (334) and unutilised Committed Credit Facilities totalled EUR 640 million (679).

Wärtsilä had interest-bearing debt totalling EUR 629 million (724) at the end of December 2016. The total amount of short-term debt maturing within the next 12 months was EUR 108 million. Long-term loans amounted to EUR 520 million. Net interest-bearing debt totalled EUR 150 million (372) and gearing was 0.07 (0.17).

Liquidity preparedness
MEUR 31.12.2016 31.12.2015
Cash and cash equivalents 472 334
Unutilised committed credit facilities 640 679
Liquidity preparedness 1 112 1 013
% of net sales (rolling 12 months) 23 20
Less Commercial Papers - 130
Liquidity preparedness excluding Commercial Papers 1 112 883
% of net sales (rolling 12 months) 23 18
On 31 December 2016, the average maturity of the total loan portfolio was 42 months and the average maturity of the long-term debt was 43 months.

Note

Make a note?

Close

For the best experience of our Annual Report, please update your browser to a newer version.