17. Other investments millions of EUR Note 2009 2008 Non-current other investments Loans 32 329 310 Held-to-maturity investments 32 4 10 Available-for-sale investments 32 219 221 Non-current derivatives used for hedge accounting 32 16 100 568 641 Current other investments Investments held for trading 32 15 14 15 14 Included in loans are loans to customers with a carrying amount of EUR 150 million as at 31 December 2009 (2008: EUR 190 million). Effective interest rates range from 3 to 11 per cent. EUR 145 million (2008: EUR 182 million) matures between one and five years and EUR 5 million (2008: EUR 8 million) after five years. The main available-for sale-investments are Consorcio Cervecero de Nicaragua S.A., Desnoes Geddes Ltd. and Cervejarias Kaiser Brasil S/A ('Kaiser'). As far as these investments are listed they are measured at their quoted n arket price. For others the value in use or multiples is used. Debt securities (which are interest-bearing) with a carrying amount of EUR 21 million (2008: EUR 23 million) are included in available-for-sale investments. S msitivity analysis - equity price risk An amount of EUR57 million as at 31 December 2009 (2008: EUR47 million) of available-for-sale investments and investments held for trading is listed on stock exchanges. A 1 per cent increase in the share price at the r porting date would have increased equity by EUR1 million (2008: EUR1 million); an equal change in the opposite direction would have decreased equity by EUR1 million (2008: EUR1 million). Annual Report 2009 - Heineken N.V.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2009 | | pagina 109