Financial Statements continued
Notes to the consolidated financial statements
continued
25. Loans and borrowings
Current interest bearing liabilities
In millions of EUR 2006 2005
Current portion of unsecured bank loans
184
404
Current portion of unsecured bond issues
-
3
Current portion of finance lease liabilities
1
2
Total current portion of non-current interest bearing liabilities
185
409
Deposits from third parties
299
284
Other current interest bearing liabilities
10
16
Bank overdrafts
747
351
1,241
1,060
Net interest-bearing debt position
In millions of EUR
2006
2005
Non-current interest bearing liabilities
2,058
2,195
Current portion of non-current interest bearing liabilities
185
409
Deposits from third parties and other current interest bearing liabilities
309
300
2,552
2,904
Bank overdrafts
747
351
3,299
3,255
Cash, cash equivalents and other investments
(1,386)
(608)
Net interest bearing debt position1,913 2,647
Terms and debt repayment schedule
Terms and conditions of outstanding loans are as follows:
In millions of EUR
Nominal
Currency interest rate
Repayment
Carrying
amount
2006
Carrying
amount
2005
Secured bank loans
various
various
various
10
7
Unsecured bank loans
EUR
various
2007-various
520
818
Unsecured bank loans
PLN
4.33%
2007-2011
26
76
Unsecured bank loan
CLP
5.26%
2007-2011
87
98
Unsecured bank loan
EGP
10.63%
2007-2011
85
111
Unsecured bank loans
various
various
2007-various
165
142
Unsecured bond issue
EUR
4.38%
2010
499
498
Unsecured bond issue
EUR
5.00%
2013
597
596
Unsecured bond issue
EUR
5.50%
2008
200
200
Unsecured bond issue
CLP
5.91%
2007-2024
47
50
Deposits from third parties and other current
interest bearing liabilities
various
various
2007-various
309
300
Finance lease liabilities
various
various
2007-various
7
8
2,552 2,904
Committed facilities; the Heineken N.V. €2 billion Revolving Credit Facility 2005-2012 was not utilised
per 31 December 2006 (31 December 2005: €60 million utilised).
A f\r) Heineken N.V.
Jm\J^ Annual Report 2006
