2019 | 2018 | |
Liquid asset, €m | 169.0 | 249.6 |
Interest-bearing net debt excluding lease liabilites, €m | 446.1 | 161.6 |
Lease liabilities, €m | 2,422.2 | 2,289.0 |
2019 | 2018 | |
Capital expenditure, €m | 686.1 | 417.6 |
Capital expenditure,% net sales | 6.4 | 4.0 |
Cash flow from operating activities, €m | 893.1 | 748.4 |
Cash flow from investing activities, €m | -620.3 | -373.3 |
Kesko has no outstanding bonds.