Expected financial situation

At the end of fiscal year 2018/19, Aurubis had € 441 million in available cash (September 30, 2018: € 479 million). The company has additional liquidity through lines of credit amounting to € 350 million from a syndicated loan agreement running until 2023. Aurubis therefore has sufficient liquidity that is not at risk from today’s perspective. There is also a credit line of € 380 million for the acquisition of Metallo (bridge financing).

We expect the stable financial situation from the operating business to continue in the coming fiscal year. We intend to settle the scheduled payments due during fiscal year 2019/20, including a bonded loan (Schuldscheindarlehen) of € 127 million, with the existing liquidity.