As of 30 September 2024, the METRO balance sheet reports equity in the amount of €1.7 billion (30/9/2023: €2.0 billion).
Equity was down, largely because of the dividend payment of €201 million and the loss for the period of €125 million.
The equity ratio stands at 14.2% (30/9/2023: 17.4%).
- For more information about our equity, see the notes to the consolidated financial statements in no. 27 – equity.
Net debt developed as follows:
€ million |
30/9/2023 |
30/9/2024 |
||
|---|---|---|---|---|
Cash and cash equivalents |
591 |
794 |
||
Current financial investments1 |
21 |
22 |
||
Financial liabilities (including liabilities from leases) |
3,663 |
4,019 |
||
Net debt |
3,051 |
3,203 |
||
|
||||
- For more information about the maturity, currency and interest rate structure of financial liabilities as well as the credit facilities, see the notes to the consolidated financial statements in no. 32 – financial liabilities (excluding liabilities from leases) as well as no. 37 – notes to the cash flow statement.
Financial liabilities rose, mainly due to lease extensions and indexations as well as the issuance of a bond; redemptions of commercial papers had an offsetting effect. Current financial liabilities increased as some liabilities approached maturity. Trade liabilities increased by €0.1 billion, primarily for currency-related reasons.
Compared to 30 September 2023, the debt ratio increased from 82.6% by 3.1 percentage points to 85.8%.
€ million |
Note no. |
30/9/2023 |
30/9/2024 |
|---|---|---|---|
Non-current liabilities |
|
3,526 |
3,569 |
Provisions for post-employment benefits plans and similar obligations |
351 |
405 |
|
Other provisions |
166 |
142 |
|
Financial liabilities |
2,838 |
2,866 |
|
Other financial and other non-financial liabilities |
80 |
71 |
|
Deferred tax liabilities |
90 |
85 |
|
Current liabilities |
|
6,100 |
6,498 |
Trade liabilities |
3,667 |
3,813 |
|
Provisions |
305 |
297 |
|
Financial liabilities |
825 |
1,153 |
|
Other financial and other non-financial liabilities |
1,098 |
1,058 |
|
Income tax liabilities |
205 |
176 |
- For more information about the development of liabilities, see the notes to the consolidated financial statements in the numbers listed in the table. Information about contingent liabilities and other financial liabilities can be found in the notes to the consolidated financial statements in no. 40 – contingent liabilities and no. 41 – other financial commitments.