32. Financial risk management and financial instruments
134
Financial Statements
Notes to the consolidated financial statements
Contractual maturities
The following are the contractual maturities of non-derivative financial liabilities and derivative financial
assets and liabilities, including interest payments and excluding the impact of netting agreements:
In millions of EUR
Carrying
amount
Contractual
cash flows
6 months
or less
6-12 months
1-2 years
2-5 years
2009
More than
5 years
Financial liabilities
Secured bank loans
275
(304)
(13)
(16)
(89)
(153)
(33)
Unsecured bank loans
3,036
(3,249)
(96)
(170)
(1,375)
(1,263)
(345)
Unsecured bond issues
2,945
(3,786)
(626)
(49)
(152)
(2,032)
(927)
Finance lease liabilities
108
(114)
(10)
(9)
(15)
(49)
(31)
Other interest-bearing liabilities
1,342
(1,690)
(91)
(54)
(67)
(803)
(675)
Non-interest-bearing liabilities
93
(120)
(20)
(23)
(31)
(45)
(1)
Deposits from third parties
377
(377)
(368)
(9)
-
-
-
Bank overdrafts
156
(156)
(156)
-
-
-
-
Trade and other payables, excluding
interest, dividends and derivatives
used for hedge accounting 3,444 (3,444) (3,278) (166)
Derivative financial (assets)
and liabilities
Interest rate swaps used
for hedge accounting:
Inflow (17) 1,490 43 36 88 732 591
Outflow 438 (1,819) (74) (89) (102) (965) (589)
Forward exchange contracts used
for hedge accounting:
Inflow (48) 1,015 615 282 118
Outflow26 (996) (608) (268) (120)
12,175 (13,550) (4,682) (535) (1,745) (4,578) (2,010)
The total carrying amount and contractual cash flows of derivatives are included in trade and other receivables
(note 20), other investments (note 17), trade and other payables (note 31) and non-current non-interest bearing
liabilities (note 25).
Annual Report 2009 -
Heineken N.V.