Notes to the consolidated financial statements continued 24. Income tax on other comprehensive income 2012 2011 Amount before tax Tax Amount net of tax Amount before tax Tax Amount net of tax Other comprehensive income Foreign currency translation differences for foreign operations 67 (22) 45 (504) 11 (493) Effective portion of changes in fair value of cash flow hedge 16 (2) 14 (31) 10 (21) Effective portion of cash flow hedges transferred to profit or loss 57 (16) 41 (14) 3 (11) Ineffective portion of cash flow hedges transferred to profit or loss - - - - - - Net change in fair value available-for-sale investments 203 (68) 135 71 - 71 Net change in fair value available-for-sale investments transferred to profit or loss (192) 44 (148) (1) (1) Actuarial gains and losses (562) 123 (439) (109) 16 (93) Share of other comprehensive income of associates/joint ventures (1) - (1) (5) - (5) Total other comprehensive income (412) 59 (353) (593) 40 (553) The difference between the income tax on other comprehensive income and the deferred tax reported in equity (note 18) can be explained by current tax on other comprehensive income. 25. Loans and borrowings This note provides information about the contractual terms of HEINEKEN's interest-bearing loans and borrowings. For more information about HEINEKEN's exposure to interest rate risk and foreign currency risk, see note 32. Non-current liabilities In millions of EUR Note 2012 Secured bank loans 28 37 Unsecured bank loans 1,221 3,607 Unsecured bond issues 8,206 2,493 Finance lease liabilities 26 22 33 Other non-current interest-bearing liabilities 1,828 1,825 Non-current interest-bearing liabilities 11,305 7,995 Non-current derivatives 111 177 Non-current non-interest-bearing liabilities 21 27 11,437 8,199 Current interest-bearing liabilities In millions of EUR Note 2012 Current portion of secured bank loans 13 13 Current portion of unsecured bank loans 740 329 Current portion of unsecured bonds issues 600 - Current portion of finance lease liabilities 26 16 6 Current portion of other non-current interest-bearing liabilities 12 184 Total current portion of non-current interest-bearing liabilities 1,381 532 Deposits from third parties (mainly employee loans) 482 449 1,863 981 Bank overdrafts 21 191 207 2,054 1,188 Heineken N.V. Annual Report 2012

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2012 | | pagina 116