(EUR 000) 31.12.2011 31.12.2010
Short-term borrowings 14,535 3,089
Medium and long-term borrowings 269 1,115
Cash and cash equivalents (160,928) (153,320)
BANK DEBT (146,124) (149,116)
Financial receivables from related parties (2,531) (149,150)
Other financial receivables (110,812) (21,212)
Current financial assets at fair value (30,756) -
FINANCIAL RECEIVABLES (144,099) (170,362)
Borrowings from related parties - -
Other short-term borrowings 380 822
Other medium- and long-term borrowings 169 506
OTHER BORROWINGS 549 1,328
NET FINANCIAL DEBT (LIQUIDITY) (289,674) (318,150)

Cash and cash equivalents at 31 December 2011 came to EUR 160,928 thousand.

Registered Office: 16151 Genoa Via Paolo Mantovani, 3 - 5
Paid-in Share Capital EUR 70,000,000 R.E.A. n. 421689 Register of Enterprises of Genoa Tax Code 01371160662
A Finmeccanica Company