Net Financial Position

Composition of the Group's Net Financial Position at period end

Amounts in thousands of Euro

30 Jun 2024(1)

31 Dec 2023(1)

31 Dec 2022(1)

31 Dec 2021(1)

31 Dec 2020(1)

31 Dec 2019(1)

Cash and cash equivalent and Financial receivable

 661,629 689,521 1.094,971 982,917

443,517

423,448

Long term financial debt

 -208,076 -338,422 -395,656 -492,801

-451,200

-584,141

Short term financial debt

 -188,170 -154,191 -164,415 -252,463

-303,674

-244,851

Net financial position surplus/(deficit)

 265,383 196,908 534,900 237,653

-311,357

-405,544

(1)  the financial debt does not include the lease liability recognized under "IFRS 16 Leases"

The Group's financial debt is mainly composed of variable interest rates bank debt, whose risk of fluctuation is hedged by using derivative financial instruments, as explained in the Annual Report.

Financial debt

financial debt

30 Jun 2024

31 Dec 2023

31 Dec 2022

31 Dec 2021

31 Dec 2020

31 Dec 2019

variable interest rate

 46% 54% 55% 82%

69%

56%

fixed interest rate

 54% 46% 45% 18%

31%

44%

Composition of the Long Term Financial Debt at 30 June 2024 by maturity

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