98 Notes to the Consolidated Financial Statements (continued) 20. Trade and other receivables 21. Cash and cash equivalents 22. Capital and reserves Share capital Heineken NV. Report of the Report of the Financial Sustainability Other Annual Report 2016 Introduction Executive Board Supervisory Board Statements Review Information In millions of EUR Note 2016 2015 Trade receivables 2,283 2,169 Other receivables 701 625 Trade receivables due from associates and joint ventures 20 27 Derivatives 48 52 30 3,052 2,873 A net impairment loss of EUR 57 million (2015: EUR 61 million) in respect of trade and other receivables was included in expenses for raw materials, consumables and services. In millions of EUR Note 2016 2015* Cash and cash equivalents 30 3,035 3,232 Bank overdrafts and commercial papers 25 (1,669) (2,950) Cash and cash equivalents in the statement of cash flows 1,366 282 Revised to reflect the change in accounting policy on netting cash and overdraft balances in cash pooling arrangements with legally enforceable rights to offset. HEINEKEN has cash pooling arrangements with legally enforceable rights to offset cash and overdraft balances. Where there is an intention to settle on a net basis, cash and overdraft balances relating to the cash pooling arrangements are reported on a net basis in the statement of financial position. The following table presents the recognised 'Cash and cash equivalents' and 'Bank overdrafts and commercial papers' and the impact of netting on the gross amounts. The column 'Net amount' shows the impact on HEINEKEN's balance sheet if all amounts subject to legal offset rights had been netted. In millions of EUR Gross amounts Net amounts offset in the presented in the Amounts statement of statement of subject to legal Gross amounts financial position financial position offset rights Net amount Balance as at 31 December 2016 Assets Cash and cash equivalents 3,097 (62) 3,035 (1,489) 1,546 Liabilities Bank overdrafts and commercial papers (1,731) 62 (1,669) 1,489 (180) Balance as at 31 December 2015 Assets Cash and cash equivalents 3,677 (445) 3,232 (2,408) 824 Liabilities Bank overdrafts and commercial papers (3,395) 445 (2,950) 2,408 (542) As at 31 December 2016, the issued share capital comprised 576,002,613 ordinary shares (2015: 576,002,613). The ordinary shares have a par value of EUR 1.60. All issued shares are fully paid. The share capital as at 31 December 2016 amounted to EUR 922 million (2015: EUR 922 million). The Company's authorised capital amounts to EUR 2,500 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 HEINEKEN, rights are suspended.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2016 | | pagina 99