Note F: Long-term borrowings

In € millions

 

2013

 

2014

Bonds issued

 

1,718

 

1,610

Debt to subsidiaries

 

6,725

 

5,299

Other borrowings

 

90

 

60

Total

 

8,533

 

6,969

For the fair value of the debenture loans, see Note 23 of the notes of the Consolidated financial statements.

Bonds issued

 

 

 

 

 

In € millions

 

2013

 

2014

7 1/4% 2009/15 (€975 million)

 

626

 

8 % 2009/16 (£250 million)

 

299

 

320

4% 2011/18 (€800 million)

 

793

 

794

1 3/4% 2014/24 (€500 million)

 

 

496

Total

 

1,718

 

1,610

We have a €1.8 billion multi-currency revolving credit facility, which was extended in 2013 by an additional year to 2018. At year-end 2014 and 2013, this facility had not been drawn. At year-end 2014 and 2013, none of the borrowings was secured by collateral.