This note provides information on the terms of loan contracts and other forms of financing.
19.1. Current and non-current loans
As of 31 December 2024 and 2023 JMH did not hold any bank loans or loans from Group companies.
19.2. Loan terms and maturities
JMH uses, with other Group companies, grouped credit lines, which means that the maximum amount approved by a financial entity can be used simultaneously by more than one company. The amount of credit lines granted to JMH which are not being used amount to €143,500 thousand (2023: €117,100 thousand).
19.3. Bank loans: commercial paper
There are several issued bank loans in the form of a commercial paper program, in the global amount of €160,000 thousand (2023: €215,000 thousand), with variable interest rate. At the end of 2024 it were being used the amount of €45,000 thousand by another Group entity (in 2023 no amount of these credit lines was being used).
19.4. Financial net debt
|
|
2024 |
|
2023 |
|---|---|---|---|---|
Financial lease liabilities – non-current (note 11.2) |
|
1,592 |
|
1,540 |
Financial lease liabilities – current (note 11.2) |
|
1,107 |
|
877 |
Interest on accruals and deferrals |
|
(102) |
|
3,044 |
Bank deposits (note 16) |
|
(36,600) |
|
(4,666) |
Short-term investments (note 16) |
|
(95,200) |
|
(223,945) |
Total |
|
(129,203) |
|
(223,150) |