date:May 20, 2013
date was 2.1 times which was an improvement on the same period in 2012 of 2.4 times. Committed debt facilities amounted to 758 million with 39 million maturing in July 2014, 469 million maturing in January 2018 and $325 million (250 million) maturing in June 2021. For 2013 we have a significant capital expenditure programme in the region of 130 million and our financing strategy supports debt capacity to fund up to 200 million acquisition expenditure.
Glanbia's financial results are exposed to