Key debt data

 1H2020  FY2019FY2018FY2017FY2016
Gross debt (reported - inclusive of fair value adjustments) (A$m) 2,952 3,0294,1245,4137,303
Cash at bank and on deposit (A$m) 286 529191604200
Gross debt less cash at bank and on deposit (A$m) 2,666 2,5003,9334,8097,103
Finance costs (includes non-interest expenses) (A$m) 69 175221264308
Net debt to equity (%) 27 25172031

Net debt and gearing profile

Net Debt & Gearing Profile

Effective cost of debt (includes establishment and line fees)

Effective Cost of Debt