Creditors due after more than one year
The part of creditors with more than twelve months left to run.
The counterpart of the previous line: medium and long-term bank loans, debenture loans, shareholder current accounts falling due far out, amounts owed to affiliated undertakings that are not payable within the year.
Long debt is generally more comfortable than short debt of the same size: it asks nothing of cash in the coming months. How the total splits between the two lines often says more than the total itself.
In Luxembourg holding structures this line is frequently intra-group funding rather than bank debt. The balance sheet gives the amount; it does not name the lender.
Where this figure comes from
Read from the “Creditors becoming due and payable after more than one year” line of the balance sheet (eCDF variable 455).
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