Financial position
| Anticipated development (€ billion) | 2018 | 2019 | 2019 | |
| Maturities | 2.2 | 2.2 | 2.2 | |
| Bond issues | 2.9 | ≤3 | ≤3 | |
Cash and cash equivalents as of Dec 31 | 3.5 | ~3 | ~3 | |
Net financial debt as of Dec 31 | 19.5 | ~20 | ~20 | |
Net financial debt as of Dec 31 | 23.7 1) | ~24.4 | ~24.4 | |
1) As of January 1, 2019 including IFRS 16 effects.
Our expectations regarding our financial position remain unchanged.