Heineken N.V. annual accounts 1988
38
Current liabilities
1988
1987
The debts becoming due and payable in at most one year
are as follows:
Repayment obligations in 1989 on other debentures and
private loans
102,108
71,218
Indebtedness to credit institutions
212,831
201,619
Suppliers
424,758
376,684
Bills of exchange and cheques payable
9,296
6,594
Taxes and social security contributions
381,551
401,220
Dividend
51,760
53,810
Deposits
98,875
78,421
Pensions
4,376
8,826
Other debts
180,349
199,626
Accruals and deferred income
149,471
149,489
1,615,375
In behalf of the Collector of Excise Duties in the Netherlands
the brewery at 's-Hertogenbosch is encumbered with an
equitable mortgage of N.fl. 150 million as security for excise
duties payable on beer, soft drinks and spirits, as well as
for import duties payable.
Obligations not evident from the Balance Sheet
The obligations in question are on account of:
(in millions of guilders)
Tenancy and operating leases
111
103
Assets on order, in so far as not included
under tangible fixed assets
132
178
Discounted bills of exchange and cheques
22
12
Declarations of liability
169
158
