As a rule, the refinancing for Wincor Nixdorf Group companies is handled centrally. In this regard, there is a general risk that liquidity reserves will prove to be insufficient to meet financial obligations in a timely manner. Liquidity needs are covered with cash and cash equivalents totaling €16,039k. Above and beyond this, Wincor Nixdorf had unused credit lines amounting to €195,000k (2006/2007: €207,000k) at the balance sheet date. Accordingly, liquidity risk can be classified as low in total.
The financial liabilities are expected to result in the following (undiscounted) payments in the next years:
|
|
|
|
€k |
|
Gross value |
Cash flows |
Cash flows |
Cash flows |
Trade payables |
270,577 |
270,569 |
8 |
0 |
Liabilities to related companies |
132 |
132 |
0 |
0 |
Financial liabilities |
245,104 |
33,431 |
211,451 |
222 |
thereof: liabilities from |
4,490 |
1,388 |
2,880 |
222 |
Other non-interest-bearing liabilities |
84,626 |
84,142 |
481 |
3 |
thereof: derivates with a hedging relationship |
7,065 |
7,046 |
19 |
0 |
Total |
600,439 |
388,274 |
211,940 |
225 |
|
|
|
|
€k |
|
Gross value |
Cash flows |
Cash flows |
Cash flows |
Trade payables |
234,610 |
234,397 |
193 |
20 |
Financial liabilities |
207,033 |
36,583 |
169,844 |
606 |
thereof: liabilities from |
5,181 |
1,380 |
3,195 |
606 |
Other non-interest-bearing liabilities |
70,833 |
70,827 |
6 |
0 |
thereof: derivates with a hedging relationship |
52 |
46 |
6 |
0 |
Total |
512,476 |
341,807 |
170,043 |
626 |
