Salut, the analysis is older, but I have a general question. I'm looking at E.On right now, the debt to free cash flow ratio of all these companies looks terrible, including Iberdrola. Aren't you worried about possible interest rate increases, or why isn't it bad?
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@Divmann Yes, the debt level is not that great for most of them. But that is also very much due to the industry. Due to climate change, Iberdrola is investing heavily in the future, for example. I therefore accept this to a certain extent, as long as most of the debt capital is under non-current assets in the long term. This gives us longer planning security.
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•@TheAccountant89 All right, then I guess you have to put up with it
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