Indicators for the “Postbank at equity” scenario
Since the reduction of the financial liabilities outstripped the decline in the holdings of cash and cash equivalents, net debt improved, declining from €2,858 million to €2,728 million. Net gearing improved to 20.0%, whilst the equity ratio remained at 31.4%.
|
Selected indicators for net assets (Postbank at equity) |
| ||||
|---|---|---|---|---|---|
|
|
|
31 Dec. 2007 |
30 Sep. 2008 | ||
|
Equity ratio |
% |
31.4 |
31.4 | ||
|
Net debt |
€m |
2,858 |
2,728 | ||
|
Net gearing |
% |
20.3 |
20.0 | ||
