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. 98 Heineken N.V. Annual Report 2014

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2014 | | pagina 100