1977/1978 1976/1977
private loans
101/4% loan, redeemable in 15 annual instalments, commencing June 1, 1980,
with the obligation not to encumber the Zoeterwoude complex 80,000 80,000
63/4% loan, 3 annual repayments of N.fl. 2 million from December 31, 1978,
with part of the bottling complex at 's-Hertogenbosch as pledge 6,000 8,000
63/4% loan, 4 annual repayments of N.fl. 1.7 million from March 1, 1980,
with the obligation not to encumber the Amsterdam (Mauritskade) complex
and a number of other properties 6,800 8,500
8% loan, completely repaid during the year under review - 3,000
101/2% loan, redeemable in 10 annual instalments, commencing December 31, 1980,
with the sites and buildings of the complex at Schiltigheim, France, as pledge 10,000 10,000
81/2% loan (as from February 13, 1981, 10%), redeemable in 5 annual instalments,
for the first time on December 311981with the same pledge as stated in connection
with the above-mentioned 101/2% loan 5,000 5,000
91/io% loan, 4 annual repayments of approx. N.fl. 1 million from January 31, 1980 4,000 5,000
101/io% loan, redeemable in 5 annual instalments of approx. N.fl. 1 million commencing
November 4, 1979 5,000 5,000
113A% loan, redeemable on December 311985 3,000 3,000
pension funds
The annual redemption on this liability, at an interest rate of 8%,
amounts to approx. N.fl. 2 million.
other debts
The average rate of interest at which these liabilities have been contracted is approx.
8.9%. The average period to maturity is 5 years.
Securities have been given up to an amount of N.fl. 31 million in the form of
mortgages.
Current liabilities
Trade creditors and expenses due
Excise duties and taxes payable
Repayable in 1978/1979 on Long-term debts
Deposits
Bankers
In behalf of the Collector of Excise Duties in the Netherlands the breweries at
Amsterdam (1e v/d Helststraat) and 's-Flertogenbosch, in so far as they do not
serve as pledge for the abovementioned private loans, are encumbered with an
equitable mortgage of N.fl. 91.2 million as security for excise duties payable on
beer, soft drinks and spirits, as well as for import duties payable.
Financial obligations
Tenancy agreements have been entered into with third parties, mainly for café
premises which are sub-let to customers in the Netherlands. The liabilities on
this account, which extend over a number of years, amount to a total of
N.fl. 74 million. In addition, for investment in fixed assets orders have been
placed for N.fl. 110 million.
Guarantee obligations
Guarantee obligations have been entered into for N.fl. 38 million through
sureties, and for N.fl. 11 million through the discounting of drafts.
119,800 127,500
404,051
350,579
197,926
208,546
22,307
27,012
36,953
29,455
78,179
81,741
739,416
697,333
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