Financial position

EUR millionQ1 2023 Q1 2022
Interest-bearing net debt369.8207.1
Net debt / EBITDA (LTM), ratio 2.041.04
Equity ratio, %5054
Net gearing, %4726
Cash flow from operating activities before financial items and taxes22.1-55.9

Fiskars Group had EUR 250.0 (250.0) million of long-term committed credit facilities and
uncommitted overdraft facilities of EUR 46.9 (47.5) million. A commercial paper program of 400 million was available with Nordic banks. Of the long-term committed credit facilities, EUR 30.0 million was in use (0.0), and of the commercial paper program, EUR 150.0 (85.0) million was in use.