Debt investors
One of the key objectives of YIT's treasury policy is to ensure sufficient financing for its operations and the actions required to reach its strategic targets. The aim is to provide access to financing on competitive terms while minimising the net financing expenses, to execute financial risk management and to ensure sufficient diversification of funding sources.
Stock exchange releases concerning financial transactions and agreements can be found in the Media section.
Debt investor contacts
Key figures, IFRS
| EUR million | Reported 9/2019 |
Reported 6/2019 |
Reported 3/2019 | Reported 12/2018 |
Reported 9/2018 |
Reported 6/2018 |
Reported 3/2018 |
|
| Adjusted net interest-bearing debt* | 723.4 | 672.1 | 556.0 | n/a | n/a | n/a | n/a | |
| Net interest-bearing debt | 982.7 | 939.3 | 868.7 | 562.9 | 767.8 | 734.0 | 813.8 | |
| Interest-bearing debt | 1,131.3 | 1,113.1 | 1,090.4 | 891.7 | 1,021.4 | 1,067.6 | 932.6 | |
| Cash and cash equivalents | 95.8 | 113.5 | 152.9 | 263.6 | 204.7 | 285.6 | 65.2 | |
| Interest-bearing receivables | 52.8 | 60.5 | 68.8 | 65.1 | 48.9 | 48.1 | 53.6 | |
| Adjusted net debt*/ adjusted EBITDA, multiple | 3.8 | 3.5 | 3.0 | n/a | n/a | n/a | n/a | |
| Gearing ratio, % | 101.0% | 98.8% | 87.7% | 53.6% | 75.5% | 73.4% | 79.8% | |
| Adjusted gearing ratio*, % | 74.4% | 70.7% | 56.2% | n/a | n/a | n/a | n/a | |
| Equity ratio, % | 31.0% | 30.8% | 33.1% | 38.1% | 34.8% | 33.9% | 39.1% | |
| Adjusted equity ratio*, % | 34.0% | 33.9% | 37.0% | n/a | n/a | n/a | n/a | |
| Operating cash flow after investments, YTD | -81.4 | -54.2 | -3.2 | 148.6 | -55.8 | -22.8 | -152.7 | |
* Excluding IFRS 16 impact among others. Additional information about the adoption of the IFRS 16 can be found in the Stock Exchange Release published on April 18, 2019. Definitions of financial key performance indicators can be found in the table section 4.3 in Interim report Q3/2019.
Credit rankings
YIT Corporation has not applied for a public rating from any rating agency.