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.