32. Financial risk management and financial instruments
132
Financial Statements
Notes to the consolidated financial statements
The maximum exposure to credit risk for trade and other receivables (excluding derivatives used for hedge
accounting) at the reporting date by geographic region was:
In millions of EUR20092008
Western Europe 1,256 1,493
Central and Eastern Europe 554 512
The Americas 134 122
Africa and the Middle East 131 145
Asia Pacific 32 31
Head Office/eliminations15498
2,261 2,401
Impairment losses
The ageing of trade and other receivables (excluding derivatives used for hedge accounting) at the reporting
date was:
In millions of EUR Gross 2009 Impairment 2009 Gross 2008 Impairment 2008
Not past due
1,895
(34)
1,868
(17)
Past due 0-30 days
202
(26)
232
(7)
Past due 31-120 days
198
(67)
241
(56)
More than 120 days
300
(207)
340
(200)
2,595
(334)
2,681
(280)
Annual Report 2009 - Heineken N.V.