75
In millions of EUR
Note
2009
2008
Investing activities
Proceeds from sale of property, plant equipment
and intangible assets
180
93
Purchase of property, plant equipment
14
(678)
(1,102)
Purchase of intangible assets
15
(99)
(158)
Loans issued to customers and other investments
(117)
(163)
Repayment on loans to customers
76
220
Cash flow used in operational investing activities
(638)
(1,110)
Free operating cashflow
1,741
550
Acquisition of subsidiaries and minority interests,
net of cash acquired
6
(84)
(3,580)
Acquisition of associates, joint ventures and other investments
(116)
(202)
Disposal of subsidiaries and minority interests,
net of cash disposed of
6
17
68
sposal of associates, joint ventures and other investments
34
80
ish flow used for acquisitions and disposals
(149)
(3,634)
sh flow used in investing activities
(787)
(4,744)
1 ïancing activities
oceeds from loans and borrowings
25
2,052
6,361
f payment of loans and borrowings
(3,411)
(2,532)
t 4dends paid
(392)
(485)
F rchase own shares and shares issued
(13)
(11)
i ther
(73)
(24)
sh flow from/fused in) financing activities
(1,837)
3,309
;t cash flow
(245)
225
sh and cash equivalents as at 1 January
604
309
feet of movements in exchange rates
5
70
sh and cash equivalents as at December
21
364
604
Annual Report 2009 - Heineken N.V.
