Financial statements I Notes to the consolidated financial statements continued m 32. Financial risk management and financial instruments :ontinued 2010 In millions of EUR Carrying amount Expected cash flows Less than 1 year 1-2 years 2-5 years More than 5 years Interest rate swaps: Assets 89 1,902 95 90 715 1,002 Liabilities (105) (1,921) (158) (118) (690) (955) Forward exchange contracts: Assets 10 1,093 805 288 - - Liabilities (18) (1,117) (833) (284) - - Commodity derivatives: Assets 26 27 8 18 1 - Liabilities (33) (33) (15) (15) (3) - (31) (98) (21) 23 47 Fair value hedges/net investment hedges The following table indicates the periods in which the cash flows associated with derivatives that are fair value hedges or net investment hedges are expected to occur. 2011 Carrying amount Expected cash flows Less than 1 year 1-2 years 2-5 years More than 5 years Interest rate swaps: Assets 27 967 171 49 747 - Liabilities (136) (1,059) (180) (22) (857) - Forward exchange contracts: Assets - 177 177 - - - Liabilities (12) (187) (187) - - - (121) (102) (19) 27 (110) - 2010 In millions of EUR Carrying amount Expected cash flows Less than 1 year 1-2 years 2-5 years More than 5 years Interest rate swaps: Assets 32 1,009 64 176 769 - Liabilities (139) (1,077) (26) (179) (872) - Forward exchange contracts: Assets 1 317 317 - - - Liabilities - (309) (309) - - - (106) (60) 46 (3) (103) - 134 Heineken N.V. Annual Report 2011

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2011 | | pagina 136