Notes to the consolidated financial statements continued
Report of the
Report of the
Contents
Overview
Executive Board
Supervisory Board
Financial
statements
Other
information
20. Trade and other receivables
In millions of EUR
Note
2014
2013
Trade receivables
2,017
1,804
Other receivables
580
556
Trade receivables due from associates and joint ventures
24
22
Derivatives
122
45
32
2,743
2,427
A net impairment loss of EUR19 million (2013: EUR34 million) in respect of trade and other receivables was included in expenses for raw materials,
consumables and services.
21. Cash and cash equivalents
In millions of EUR
Note
2014
2013
Cash and cash equivalents
32
668
1,290
Bank overdrafts
25
(595)
(178)
Cash and cash equivalents in the statement of cash flows
73
1,112
22. Capital and reserves
Share capital
As at 31 December 2014, the issued share capital comprised 576,002,613 ordinary shares (2013: 576,002,613). The ordinary shares have
a par value of EUR1.60. All issued shares are fully paid. The share capital as at 31 December 2014 amounted to EUR922 million (2013:
EUR922 million).
The Company's authorised capital amounts to EUR2,500 million, consisting of 1,562,500,000 shares.
The holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share
at meetings of the Company. In respect of the Company's shares that are held by HEIN EKEN (see next page), rights are suspended.
Share premium
As at 31 December 2014, the share premium amounted to EUR2,701 million (2013: EUR2,701 million).
Translation reserve
The translation reserve comprises foreign currency differences arising from the translation of the financial statements of foreign operations
of HEINEKEN (excluding amounts attributable to non-controlling interests) as well as value changes of the hedging instruments in the net
investment hedges. HEINEKEN considers this a legal reserve.
Hedging reserve
This reserve comprises the effective portion of the cumulative net change in the fair value of cash flow hedging instruments where the
hedged transaction has not yet occurred. HEINEKEN considers this a legal reserve.
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Heineken N.V. Annual Report 2014