Investments
Over the next two years, investments in property, plant, equipment and financial assets will not be as high as in previous years – amounting to between €600 million and €700 million in 2010, and staying at about that level in 2011. Most of the funds are earmarked for our strategic growth projects at WACKER POLYSILICON. Investments will again exceed depreciation in 2010 and 2011.
Financing
WACKER laid the groundwork for medium-term Group financing back in 2008 and 2009. As of December 31, 2009, WACKER had some €1.3 billion in used and unused credit lines. Over the next two years, we will not need any major extensions for expiring credit facilities.