12. Non-Current Interest Bearing Financial Liabilities
Audited informationin CHF |
Interest rate |
Term |
Amount 31.12.2017 |
Amount 31.12.2016 |
||||
Non-current interest-bearing liabilities to third parties |
|
|
|
|
||||
Certificate of indebtedness |
mixed |
2015–2020 |
175 350 264 |
160 838 646 |
||||
Certificate of indebtedness |
mixed |
2015–2023 |
175 276 977 |
160 796 297 |
||||
Certificate of indebtedness |
2.010 |
2016–2026 |
16 936 684 |
15 879 028 |
||||
Certificate of indebtedness |
1.137 |
2016–2023 |
30 981 205 |
28 680 394 |
||||
Certificate of indebtedness |
mixed |
2016–2023 |
15 198 847 |
14 069 627 |
||||
Certificate of indebtedness |
0.779 |
2016–2021 |
64 891 252 |
60 066 485 |
||||
Certificate of indebtedness |
1.501 |
2016–2023 |
85 866 895 |
80 490 247 |
||||
Certificate of indebtedness |
1.012 |
2016-2020 |
182 884 804 |
171 383 995 |
||||
Certificate of indebtedness |
mixed |
2016–2020 |
64 859 731 |
60 778 350 |
||||
Certificate of indebtedness |
2.618 |
2016–2021 |
112 469 944 |
112 469 944 |
||||
Certificate of indebtedness |
mixed |
2016–2021 |
168 976 059 |
168 976 058 |
||||
Straight bond |
3.250 |
2012–2019 |
285 000 000 |
285 000 000 |
||||
Straight bond |
2.500 |
2012–2018 |
250 000 000 |
250 000 000 |
||||
Straight bond |
3.125 |
2011–2017 |
— |
100 000 000 |
||||
Straight bond |
3.500 |
2012–2022 |
175 000 000 |
175 000 000 |
||||
Straight bond |
2.125 |
2014–2024 |
160 000 000 |
160 000 000 |
||||
Total straight bonds and certificates of indebtedness |
|
|
1 963 692 662 |
2 004 429 071 |
||||
Other current interest-bearing liabilities to banks and other financial institutions |
|
|
— |
15 472 542 |
||||
Other current interest-bearing liabilities to group companies |
|
|
1 960 656 |
122 005 357 |
||||
Total interest-bearing liabilities |
|
|
1 965 653 318 |
2 141 906 970 |
||||
Less: Other current interest-bearing liabilities |
|
|
–251 960 656 |
–237 477 899 |
||||
Total non-current interest-bearing liabilities to third parties |
|
|
1 713 692 662 |
1 904 429 071 |
||||
|
|
|
|
|
||||
Non-current interest-bearing liabilities to Group Companies |
|
|
|
|
||||
Financial liabilities to Clariant Produkte (Deutschland) GmbH |
5.000 |
2014–2018 |
— |
1 570 000 |
||||
Financial liabilities to Clariant Service (France) SA |
5.000 |
2014–2018 |
— |
1 490 000 |
||||
Financial liabilities to Clariant Oil Service Ltd |
0.750 |
— |
319 112 |
237 054 |
||||
Financial liabilities to Clariant Plastics & Coatings Ltd |
mixed |
— |
— |
3 974 660 |
||||
Non-current interest-bearing liabilities to Group Companies |
|
|
319 112 |
7 271 714 |
||||
Total non-current interest-bearing liabilities |
|
|
1 714 011 774 |
1 911 700 785 |
||||
|
|
|
|
|
||||
Breakdown by maturity |
|
|
|
|
||||
one to five years |
|
|
1 229 751 166 |
1 451 785 192 |
||||
more than five years |
|
|
484 260 608 |
459 915 593 |
||||
Total non-current interest-bearing liabilities |
|
|
1 714 011 774 |
1 911 700 785 |
On 9 June 2017, a bond issued in 2011 in the amount of CHF 100 million reached maturity and was repaid.
On 26 April 2016, Clariant issued four certificates of indebtedness with a total amount of EUR 300 million. These certificates have a term of 4 years (EUR 212 million), 7 years (EUR 73 million) and 10 years (EUR 15 million) respectively. The interest rates vary between 0.776 and 2.010%.
On 5 August 2016 Clariant issued five certificates of indebtedness with total amounts of EUR 95 million and USD 277 million. These certificates have terms of 5 years (EUR 55 million and USD 277 million) and 7 years (EUR 40 million). While a tranche of EUR 13 million has a variable interest of 6 months EURIBOR plus 1.1% and a tranche in the amount of USD 166 million has a variable interest of 3 months LIBOR plus 1.5%, the fixed-interest rates range between 0.779% and 2.618%.