Financial position

EUR millionQ3 2022 Q3 2021
Interest-bearing net debt343.9137.1
Net debt / EBITDA (LTM)1.770.61
Equity ratio, %53%58%
Net gearing, %41%17%
Cash flow from operating activities before financial items and taxes-85.3109.3

Fiskars Group had EUR 250 million of long term committed credit facilities and a commercial paper
program of EUR 400 million with Nordic banks. These funding sources were partly in use. In addition, Fiskars Group had an outstanding bilateral term loan.