Overview
Report of the
Executive Board
Report of the
Supervisory Board
Financial statements
Other information
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:
Carrying
amount
Contractual
cash flows
Less than
1 year
1-2 years
2-5 years
2012
More than
5 years
Financial liabilities
Interest-bearing liabilities
(13,360)
(15,900)
(2,683)
(2,277)
(9,192)
(6,798)
Non-interest-bearing liabilities
(21)
(97)
(8)
(22)
(13)
(9)
Trade and other payables, excluding interest
dividends and derivatives
(A,969)
(9,969)
(9,969)
-
-
-
96
7
33
9
(20)
(16)
(7,659)
(119)
3
(1)
(1)
(2,912)
85
(9,120)
92
(6,710)
Derivative financial assets and (liabilities)
Interest rate swaps used for hedge accounting, net
12
Forward exchange contracts used for hedge accounting, net
10
Commodity derivatives used for hedge accounting, net
(22)
(21)
Derivatives not used for hedge accounting, net
(11)
(17)
(20,901)
(18,361)
The total carrying amount and contractual cash flows of derivatives are included in trade and other receivables (note 20), other investments (note 17)
and trade and other payables (note 31) and non-current non-interest bearing liabilities (note 25).
2011
Carrying
Contractual
Less than
More than
In millions of EUR
amount
cash flows
1 year
1-2 years
2-5 years
5 years
Financial liabilities
Interest-bearing liabilities
(9,183)
(10,287)
(1,593)
(2,869)
(4,794)
(1,086)
Non-interest-bearing liabilities
(27)
(20)
7
(16)
(5)
(6)
Trade and other payables, excluding interest,
dividends and derivatives
(9,327)
(9,327)
(9,327)
-
-
-
Derivative financial assets and (liabilities)
Interest rate swaps used for hedge accounting, net
12
9
(92)
26
(42)
67
Forward exchange contracts used for hedge accounting, net
(96)
(93)
(35)
(8)
-
-
Commodity derivatives used for hedge accounting, net
(26)
(26)
(22)
(9)
-
-
Derivatives not used for hedge accounting, net
(102)
(97)
(86)
(10)
(1)
(13,699)
(19,791)
(6,098)
(2,876)
(4,842)
(1,025)
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 2012
129
