38. Investments in participating interests
Loans to
In millions of EUR
Participating
interests
participating
interests
Total
Balance as at 1 January 2008
3,954
2,606
6,560
Profit of participating interests
246
-
246
Dividend payments by participating interests
(1)
1
-
Effect of movements in exchange rates
(602)
-
(602)
Changes in hedging and fair value adjustments
(102)
-
(102)
Investments/additions
660
3,961
4,621
Balance as at 31 December 2008
4,155
6,568
10,723
Balance as at 1 January 2009
4,155
6,568
10,723
Profit of participating interests
1,305
-
1,305
Dividend payments by participating interests
(688)
688
-
Effect of movements in exchange rates
144
-
144
Changes in hedging and fair value adjustments
62
-
62
lnvestments/(repayments)
151
(1,040)
(889)
Balance as at 31 December 200^
5,129
6,216
11,345
Annual Report 2009 - Heineken N.V.
