141 HEINEKEN N.V. ANNUAL REPORT 2008 38. Loans and borrowings Non-current liabilities In millions of EUR Note 2008 200/ Unsecured bank loans 4,655 - Unsecured bond issues 1,098 1,096 Other 377 Non-current interest-bearing liabilities 6,130 1,096 Non-current non-interest-bearing liabilities (including derivatives used for hedging) 24 159 6,289 1,096 Non-current liabilities In millions of EUR Unsecured bank loans Unsecured bond issues Other non-current interest- bearing liabilities Non-current non-interest bearing liabilities Total Balance as at 1 January 2008 - 1,096 - - 1,096 Proceeds 5,157 2 363 159 5,681 Repayments (373) - - - (373) Effect of movements in exchange rates (129) - 14 - (115) Balance as at 31 December 2008 4,655 1,098 377 159 6,289 Terms and debt repayment schedule Terms and conditions of outstanding loans were as follows: In millions of EUR Currency Nominal interest rate Repayment Face value 2008 Carrying amount 2008 Face value 2007 Carrying amount 2007 Unsecured bank loans EUR 3.3 2012 470 470 - - Unsecured bank loans EUR 5.1 2010 860 860 - Unsecured bank loans EUR 5.0 2013 2,416 2,403 Unsecured bank loans EUR 6.0-6.3 2013-2016 418 418 Unsecured bank loans GBP 2.8 2013 504 504 Unsecured bond issue EUR 4.4 2010 500 500 500 499 Unsecured bond issue EUR 5.0 2013 600 598 600 597 Other interest-bearing liabilities GBP 7.3 2016 26 26 - - Other interest-bearing liabilities GBP 7.2 2018 33 33 - - Other interest-bearing liabilities USD 5.9 2018 280 280 - - Other interest-bearing liabilities USD 6.3 2015 38 38 6,145 6,130 1,100 1,096 For financial risk management and financial instruments please refer to note 30.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2008 | | pagina 143