In millions of EUR
2005
2004
Financing activities
Proceeds from long term borrowings
363
201
Repayment of long term borrowings
(700)
(324)
Dividends paid
(271)
(243)
Other
16
Cash flows from financing activities
(592)
(366)
Net Cash Flow
86
(550)
Cash and cash equivalents at 1 January
161
710
Effect of foreign exchange movements
(13)
1
C sh and cash equivalents at 31 December
234
161
Heineken N.V. - Annual Report 2005
