12. Financial liabilities

Audited information

in CHF

 

Interest rate

 

Term

 

Amount 31.12.2018

 

Amount 31.12.2017

Non-current interest-bearing liabilities to third parties

 

 

 

 

 

 

 

 

Certificate of indebtedness

 

mixed

 

2015–2020

 

169 083 496

 

175 350 264

Certificate of indebtedness

 

mixed

 

2015–2023

 

169 080 925

 

175 276 977

Certificate of indebtedness

 

2.010

 

2016–2026

 

16 344 289

 

16 936 684

Certificate of indebtedness

 

1.137

 

2016–2023

 

29 871 285

 

30 981 205

Certificate of indebtedness

 

6 m EURIBOR + 1.1

 

2016–2023

 

14 653 856

 

15 198 847

Certificate of indebtedness

 

0.779

 

2016–2021

 

62 560 872

 

64 891 252

Certificate of indebtedness

 

1.501

 

2016–2023

 

82 849 245

 

85 866 895

Certificate of indebtedness

 

1.012

 

2016–2020

 

176 409 004

 

182 884 804

Certificate of indebtedness

 

6 m EURIBOR + 1.05

 

2016–2020

 

62 560 476

 

64 859 731

Certificate of indebtedness

 

2.618

 

2016–2021

 

108 740 800

 

112 469 944

Certificate of indebtedness

 

3 m LIBOR + 1.5

 

2016–2021

 

163 354 136

 

168 976 059

Certificate of indebtedness

 

1.194

 

2018–2024

 

103 703 407

 

Certificate of indebtedness

 

1.548

 

2018–2025

 

115 539 055

 

Certificate of indebtedness

 

6 m EURIBOR + 0.95

 

2018–2025

 

60 305 799

 

Certificate of indebtedness

 

2.087

 

2018–2028

 

19 162 558

 

Straight bond

 

3.250

 

2012–2019

 

285 000 000

 

285 000 000

Straight bond

 

2.500

 

2012–2018

 

 

250 000 000

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

 

 

 

 

 

1 974 219 203

 

1 963 692 662

Other current interest-bearing liabilities to Group companies

 

 

 

 

 

 

1 960 656

Total interest-bearing liabilities

 

 

 

 

 

1 974 219 203

 

1 965 653 318

Less: Other current interest bearing liabilities

 

 

 

 

 

–285 000 000

 

–251 960 656

Total non-current interest bearing liabilities to third parties

 

 

 

 

 

1 689 219 203

 

1 713 692 662

 

 

 

 

 

 

 

 

 

Non-current interest–bearing liabilities to Group companies

 

 

 

 

 

 

 

 

Financial liabilities to Clariant Oil Service Ltd

 

0.750

 

 

588

 

319 112

Non-current interest–bearing liabilities to Group companies

 

 

 

 

 

588

 

319 112

 

 

 

 

 

 

 

 

 

Total non-current interest bearing liabilities

 

 

 

 

 

1 689 219 791

 

1 714 011 774

Breakdown by maturity

 

 

 

 

 

 

 

 

one to five years

 

 

 

 

 

1 214 164 683

 

1 229 751 166

more than five years

 

 

 

 

 

475 055 108

 

484 260 608

Total non-current interest–bearing liabilities

 

 

 

 

 

1 689 219 791

 

1 714 011 774

On 25 September 2018 Clariant issued four certificates of indebtedness with a total amount of EUR 265 million (CHF 299 million). These certificates have the following terms: EUR 92 million for 5.5 years at a fixed interest rate of 1.194% p.a., EUR 102 million for 7 years at a fixed interest rate of 1.548% p.a., EUR 54 million for 7 years at a variable interest rate (6-months Euribor + 0.95% p.a.), EUR 17 million for 10 years at a fixed interest rate of 2.087% p.a..

On 26 September 2018 a bond issued in 2012 in the amount of CHF 250 million reached maturity and was repaid.

On 9 June 2017, a bond issued in 2011 in the amount of CHF 100 million reached maturity and was repaid.

A bond issued in 2012 with a nominal value of CHF 285 million will fall due in 2019 and was therefore reclassified to current financial debts.

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