127
Quoted prices (unadjusted) in active markets for identical assets or liabilities (level 1)
Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly
(that is, as prices) or indirectly (that is, derived from prices) (level 2)
Inputs for the asset or liability that are not based on observable market data (unobservable inputs) (level 3).
In millions of EUR Level 1Level 2Level 3
31 December 2010
Available-for-sale investments
Non-current derivative assets used for hedge accounting
70
135
120
Current derivative assets used for hedge accounting
Investments held for trading
17
10
87
145
120
Non-current derivative liabilities used for hedge accounting
-
291
-
Current derivative liabilities used for hedge accounting
-
66
-
357
31 December 2009
Level 1
Level 2
Level 3
Available-for-sale investments
57
162
Non-current derivative assets used for hedge accounting
16
Current derivative assets used for hedge accounting
49
Investments held for trading
15
72
65
162
Non-current derivative liabilities used for hedge accounting
370
Current derivative liabilities used for hedge accounting
94
464
In millions of EUR
2010
2009
Available-for-sale investments based on Level 3
Balance as at 1 January
162
174
Fair value adjustments recognised in other comprehensive income
(8)
18
Disposals
(26)
(34)
Transfers
(8)
4
Balance as at 31 December
120
162
33. Off-balance sheet commitments
In millions of EUR
Total Less than
2010
More than
1-5 years 5 years
Total
Lease operational lease commitments
433
85
214
134
322
Property, plant equipment ordered
49
49
46
Raw materials purchase contracts
4,503
1,055
2,469
979
3,564
Other off-balance sheet obligations
1,943
457
1,207
279
2,199
Off-balance sheet obligations
6,928
1,646
3,890
1,392
6,131
Undrawn committed bank facilities
2,188
138
2,050
-
2,077
Heineken leases buildings, cars and equipment.
Raw material contracts include long term purchase contracts with suppliers in which prices are fixed or will be agreed based upon
pre-defined price formulas. These contracts mainly relate to malt, bottles and cans.
Heineken N.V. Annual Report 2010