{ "docId": "019dd923-5eff-723e-9be7-d26e8b9c7415", "docSlug": "db9dd26ce4c89573", "documentTitle": "2024 Annual Report", "authorId": "TUI-Group", "authorName": "TUI Group", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.777, "pageNumber": 71, "pageCount": 286, "prevPage": 70, "nextPage": 72, "slideType": "appendix_data", "function": "analyze_data", "density": "overcrowded", "nDataPoints": 30, "notes": "Contains two data tables and descriptive text regarding debt instruments and credit facilities.", "elementsJson": [ "data_table", "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5eff-723e-9be7-d26e8b9c7415/71", "deckHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415", "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415.json", "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415#slide-71", "components": [ { "bbox": null, "kind": "callout", "text": "Non-current financial liabilities increased by €345.1 m versus 30 September 2023 to €1,543.6 m. The increase is mainly due to the newly issued sustainability-linked senior notes of €500.0 m and an increase in long-term liabilities to banks.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-832e-76b9-811c-6b72dd9d5547", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "metric", "text": "Financial liabilities: €1,902.4m", "attrs": null, "subkind": "primary", "toolName": "Quantification", "toolSlug": "quantification", "confidence": null, "componentId": "019dd952-832e-76b9-811c-6d8cbadfd2e9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.065, "w": 0.392, "x": 0.573, "y": 0.585 }, "kind": "paragraph", "text": "Liabilities to banks largely relate to TUI AG's Schuldschein worth €242.0 m as well as liabilities from the funding of aircraft and hotel complexes. Lease liabilities essentially relate to aircraft funding and hotel leases.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "137762d0-d02f-429e-b302-86dedad4e4de", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.165, "w": 0.392, "x": 0.573, "y": 0.205 }, "kind": "paragraph", "text": "Based on a contractual agreement and as a result of proceeds from the issue of sustainability-linked senior notes and new convertible bonds, TUI AG's syndicated credit lines of originally around €2.7 bn were reduced to around €1.9 bn through partial cancellations of €159.0 m (February 2024), €341.0 m (March 2024) and €336.0 m (July 2024) of the previously undrawn KfW credit line of €1.05 bn. As a result, TUI AG had syndicated credit facilities totalling around €1.9 bn at the end of the completed financial year, including a cash tranche of €214.0 m from KfW and a bank guarantee facility of €190.0 m.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6ea1e386-86d4-461b-87a5-8f903fdcc26b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.065, "w": 0.392, "x": 0.573, "y": 0.125 }, "kind": "paragraph", "text": "In July 2024, the Company issued senior unsecured convertible bonds in an aggregate principal amount of €487.0 m with a tenor of seven years. The convertible bonds have a denomination of €100,000 per bond and a fixed coupon of 1.95% per annum. The conversion price is €9.60 per share.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a0dbe76a-4018-4f6f-ad02-b36eea905dfd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.065, "w": 0.392, "x": 0.168, "y": 0.308 }, "kind": "paragraph", "text": "Non-current financial liabilities increased by €345.1 m versus 30 September 2023 to €1,543.6 m. The increase is mainly due to the newly issued sustainability-linked senior notes of €500.0 m and an increase in long-term liabilities to banks.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "af30b795-f174-4b6e-88fe-fd90e88a3acb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.045, "w": 0.392, "x": 0.573, "y": 0.065 }, "kind": "paragraph", "text": "In March 2024, the Company placed sustainability-linked senior notes totalling €500.0 m with a tenor of five years. The senior notes have an annual coupon of 5.875% and were issued at 98.93% of the nominal amount.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d12aad33-b9e4-4656-9084-b94c28a55fff", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.125, "w": 0.392, "x": 0.168, "y": 0.585 }, "kind": "table", "text": "Listed bonds", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3bd9bcb1-f6de-4f6e-9d1a-9a68de79e249", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.165, "w": 0.392, "x": 0.168, "y": 0.098 }, "kind": "table", "text": "Composition of financial liabilities and lease liabilities", "attrs": null, "subkind": "data", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7669631e-04c6-4458-9c87-4cf0b56e1e3d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.015, "w": 0.302, "x": 0.168, "y": 0.065 }, "kind": "title", "text": "FINANCIAL AND LEASE LIABILITIES", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "982bb210-43d6-48a3-ab8c-f5c138aae789", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }