Funding

Volvo Car Group is using different forms of instruments to fulfil the funding requirements.

outstandingLoans
June 30, 2017 MSEK Dec. 31, 2016 MSEK
Liabilities to credit institutions (non current) 12,322 13,910
Bonds* 7,741 7,693
Other interest-bearing non-current liabilities 84 84
Liabilities to credit institutions (current) 3,001 2,813
Marketable securities -2,454 -4,738
Cash and cash equivalents -33,816 -38,635
NET DEBT (NET CASH IF NEGATIVE) -13,122 -18,873
*The bonds are presented above at amortised cost. The bond issued in May is recognised in the balance sheet with a fair value adjustment and the fair value component amounted to MSEK -17 (6).
Funding Currency Nominal amount in respective currency (million) MSEK
Bank loan EUR 666 6,419
Bank loan USD 677 5,713
Bank loan SEK 2,400 2,400
Other 805
Total
Currency Nominal amount in respective currency (billion) Due
Revolving credict facilities (unutilised) EUR 1.3 2022