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Bank overdraft and short-term borrowings
12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Bank overdraft and short-term borrowings
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Bank overdraft and short-term borrowings

Bank overdraft and short-term borrowings as at December 31, 2018 and 2017 are analysed as follows:

 

     31/12/18      31/12/17      01/01/17  

Bank overdraft

     1,762        —          4,416  

Borrowings secured over trade receivables

     29,992        23,791        17,311  

Borrowings unsecured

     3,394        2,176        2,700  
  

 

 

    

 

 

    

 

 

 

Total

     35,148        25,967        24,427  
  

 

 

    

 

 

    

 

 

 

The weighted average interest rates on the bank overdraft and short-term borrowings for the years ended December 31, 2018, 2017 are as follows:

 

     2018     2017  

Bank overdraft

     4.35     3.48

Borrowings

     2.69     3.28

As at December 31, 2018, 2017 and January 1, 2017 credit facilities available to the Group amounted to 138,220, 147,720 and 117,773, respectively. The unused portion of these facilities, for which no commitment fees are due, amounted to 24,010, 33,103 and 34,451, as at December 31, 2018, 2017 and January 1, 2017.