Debt indicators

Obtain more details on Galp's debt, namely its structure, repayment profile and liquidity position.

Financial debt

  31 dec. 2018 31 dec. 2019 Change vs 31 dec. 2018
Bonds 2,142 1,822 (320)
Bank debt and other debt 1,103 1,073 (30)
Cash and equivalents (1,508) (1,460) 48
Net debt 1,737 1,435 (302)
Average life (years) 2.7 2.9 0.2
Average debt interest rate 2.53% 1.8% (0.7 p.p.)
Net debt to Ebitda 0.8x 0.7x -

Debt structure

Debt reimbursement profile

Liquidity position

At the end of 2019, Galp had unused credit lines of approximately €1.2 bn, of which c.70% were contractually guaranteed.

Further details on financial information

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