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Net financial debt and cash flow

Change in net financial debt

Net financial debt totalled €44.1 Bn on 30 June 2010, up €1.6 Bn compared to 31 December 2009, mostly due to exchange rates effects on British sterling pound. The impact of exchange rates pushed net financial debt up by €1.4 Bn. The net financial debt/EBITDA ratio, calculated based on the cumulative EBITDA for H2 2009 and H1 2010, was stable compared to 31 December 2009 at 2.5.

In  € billion
Change in net financial debt

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Free cash flow H1 2010

The free cash flow for H1 2010 stood at €1.9 Bn, compared to €1.7 Bn for H1 2009.

In € billion
Free Cash Flow


Breakdown of financial debt

EDF's financial debt is balanced between fixed rate (86%) and floating rate (14%) repayments. The average debt maturity is 8.2 years with an average coupon of 4,7%.
The ratings of rating agencies - Moody's, Standard & Poor's and Fitch - are available on the rating pages


Breakdown Fixed Rate / Floating Rate
at 06/30/2010
Breakdown by currency
at 06/30/2010
Breakdown Fixed Rate Breakdown by currency
* Including PLN, HUF, BRL


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