Heineken N.V. annual accounts 1986 39 Provisions These comprise: Provision for deferred tax labilities Provision for pension liabilities Provision for other personnel schemes Other provisions 1986 1985 488,138 86,135 175,461 8,200 463,872 41,516 152,959 7,378 757,934 665,725 The Provision for pension liabilities largely relates to pensions and annuities which have not been funded elsewhere. The increase in this provision is substantially due to the full consolidation of El Aguila. The rise in the provision for other personnel schemes is mainly due to an improvement of the existing schemes. The provisions are almost entirely to be considered as becoming due and payable after more than one year. Long-term debts The debts becoming due and payable after more than one year relate to: More More Total than 5 years Total than 5 years Euro-guilder Notes Loan, interest 6.5%, redeemable on February 1, 1991 Euro-guilder Notes Loan, interest 10%, redeemable on July 15, 1987 Loan in guilders, interest 10.25%, annual repayments of approx. N.fl. 5.3 million already commenced, with the obligation not to encumber the complex at Zoeterwoude in the Netherlands Debentures and private loans, average interest 11.7% (1985: 11.6%), securities given in the form of mortgages up to an amount of N.fl. 141 million (1985: N.fl. 148 million) Other debts, interest-free 609,663 135,564 528,260 149,772 150,000 37,335 366,439 55.889 16,002 81,290 38,272 100.000 42,668 361,680 23,912 21,335 104,525 23,912

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1986 | | pagina 37