Financial position
| EUR million | H1 2022 | H1 2021 |
| Interest-bearing net debt | 221.7 | 146.0 |
| Net debt / EBITDA (LTM) | 1.11 | 0.65 |
| Equity ratio, % | 52% | 56% |
| Net gearing, % | 27% | 19% |
| Cash flow from operating activities before financial items and taxes | -39.9 | 57.4 |
In addition to outstanding loans, Fiskars Group had EUR 250 million of unutilized long-term committed credit facilities. A commercial paper program of EUR 400 million with Nordic banks was partly in use.