101 NotestotheConsolidated Financial Statements (continued) 25. Loans and borrowings Non-current liabilities - Current interest-bearing liabilities Net interest-bearing debt position Heineken NV. Report of the Report of the Financial Sustainability Other Annual Report 2016 Introduction Executive Board Supervisory Board Statements Review Information 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, refer to note 30. In millions of EUR Note 2016 2015 Unsecured bond issues 9,432 9,269 Unsecured bank loans 239 126 Secured bank loans 84 38 Other non-current interest-bearing liabilities 1,165 1,193 Non-current interest-bearing liabilities 10,920 10,626 Non-current non-interest-bearing liabilities 24 Non-current derivatives 10 32 Non-current liabilities 10,954 10,658 In millions of EUR Note 2016 2015* Current portion of unsecured bonds issued 1,251 400 Current portion of unsecured bank loans 4 354 Current portion of secured bank loans 10 8 Current portion of other non-current interest-bearing liabilities 94 40 Total current portion of non-current interest-bearing liabilities 1,359 802 Deposits from third parties (mainly employee loans) 622 595 1,981 1,397 Bank overdrafts and commercial papers 21 1,669 2,950 Current interest-bearing liabilities 3,650 4,347 Revised to reflect the change in accounting policy on netting cash and overdraft balances in cash pooling arrangements with legally enforceable rights to offset. For further details regarding the interest-bearing liabilities refer to terms and debt repayment schedule included in this note. In millions of EUR Note 2016 2015* Non-current interest-bearing liabilities 10,920 10,626 Current portion of non-current interest-bearing liabilities 1,359 802 Deposits from third parties (mainly employee deposits) 622 595 12,901 12,023 Bank overdrafts and commercial papers 21 1,669 2,950 Market value of cross-currency interest rate swaps 30 (242) (215) 14,328 14,758 Cash, cash equivalents and current other investments 17/21 (3,035) (3,248) Net interest-bearing debt position 11,293 11,510 Revised to reflect the change in accounting policy on netting cash and overdraft balances in cash pooling arrangements with legally enforceable rights to offset.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2016 | | pagina 102