Net debt
DONG Energy's net debt as of 31 December 2011 is calculated as follows:
| |
DKK billion |
| Gross debt |
41.0 |
| Repo |
- 1.5 |
| Marketable Securities |
- 8.4 |
| Cash & cash equivalents |
- 2.3 |
| Receivables from associates |
- 1.4 |
| Receivables from minority shareholders |
- 3.4 |
| Other |
- 0.3 |
| Net debt |
23.6 |
| 50% outstanding hybrid due 3005 |
2.2 |
| Adjusted net debt |
25.8 |