Financial position

(EUR thousand) 31.12.2010 31.12.2009
Short-term financial liabilities 3,089 12,187
Medium/long-term financial liabilities 1,115 2,881
Cash and cash equivalents (153,320) (128,541)
BANK BORROWINGS (CASH ON HAND) (149,116) (113,473)
Related-party financial receivables (149,150) (152,792)
Other financial receivables (21,212) (14,100)
FINANCIAL RECEIVABLES (170,362) (166,892)
Related-party financial payables - -
Other short-term financial liabilities 822 353
Other medium/long-term financial liabilities 506 1,151
OTHER FINANCIAL LIABILITIES 1,328 1,504
NET DEBT (CASH) (318,150) (278,861)