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: 2011 Carrying amount Contractual cash flows Less than 1 year 1 -2 years 2-5 years More than 5 years Financial liabilities Interest-bearing liabilities 9,183 (10,287) (1.5A3) (2.86A) (A ,79 A) (1,086) Non-interest-bearing liabilities 27 (20) 7 (16) (5) (6) Trade and other payables, excluding interest, dividends and derivatives A,327 (A,327) (A,327) Derivative financial (assets) and liabilities Interest rate swaps used for hedge accounting, net (12) 9 (A 2) 26 (A2) 67 Forward exchange contracts used for hedge accounting, net A6 (A3) (35) (8) - - Commodity derivatives used for hedge accounting, net 26 (26) (22) (A) - - Derivatives not used for hedge accounting, net 102 (97) (86) (10) (1) - 13,699 (1A,791) (6,0A8) (2,876) (A,8A2) (1,025) The total carrying amount and contractual cash flows of derivatives are included in trade and other receivables (note 20) and trade and other payables (note 31) and non-current non-interest bearing liabilities (note 25). 2010 In millions of EUR Carrying amount Contractual cash flows Less than 1 year 1 -2 years 2-5 years More than 5 years Financial liabilities Interest-bearing liabilities 8,726 (10,073) (1,316) (830) (6,087) (1,8A0) Non-interest-bearing liabilities 55 (58) (38) (7) (11) (2) Trade and other payables, excluding interest, dividends and derivatives A,0A9 (A,073) (A ,073) Derivative financial (assets) and liabilities Interest rate swaps used for hedge accounting, net 123 (87) (25) (31) (78) A7 Forward exchange contracts used for hedge accounting, net 7 (16) (20) A - - Commodity derivatives used for hedge accounting, net 7 (7) (8) 3 (2) - Derivatives not used for hedge accounting, net 75 (121) (77) (15) (29) - 13.0A2 (1A.A35) (5,557) (876) (6,207) (1,795) 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). Heineken N.V. Annual Report 2011 129

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2011 | | pagina 131