18 Inventory
19 Accounts receivable
Included in the above are EUR 56 of loans receivable that have a maturity date greater than five years. Other loans
include EUR 41 as of December 29, 2002 (December 30, 2001: EUR 44) of loans due from the officers, managers and
employees of the Company that were granted to assist these officers, managers and employees with investments in the
Dutch Customer Fund. These floating-rate loans, bearing interest based on the European Central Bank interest rate, are
due in 2004 (EUR 4), in 2006 (EUR 8) and in 2008 (EUR 30) or upon an individual's termination of employment, if
earlier, and are collateralized by each individual's corresponding investment in the Dutch Customer Fund. The interest rate
for these floating-rate loans as of December 29, 2002 and December 30, 2001 was 3.5% and 3.0% respectively. Loans
to Corporate Executive Board members were repaid during fiscal 2002 and amounted to EUR 0.5 as of December 30,
2001.
Both the recapitalization and the consolidation of the loans receivable for 2002 relate to acquisitions of interests in DAIH.
Other financial assets are primarily comprised of prepaid pension costs of EUR 185 (fiscal 2001: EUR 200).
December 29, 2002 December 30, 2001
Finished products and merchandise inventories
4,412
4,529
Raw materials, packaging materials, technical supplies and other
74
71
4,486
4,600
Allowances for obsolete inventories and shrinkage
(251)
(220)
4,235
4,380
The movement in the allowances for obsolete inventories and shrinkage is as follows:
Fiscal 2002
Fiscal 2001
Beginning of the year
(220)
(173)
Additions
(235)
(135)
Used
179
95
Exchange rate differences
25
(7)
End of the year
(251)
(220)
December 29, 2002
December 30, 2001
Trade receivables
1,420
1,602
Receivables from associates
18
46
Income tax receivables
367
114
Other receivables
563
717
2,368
2,479
Allowances for doubtful receivables
(137)
(131)
2,231
2,348
All accounts receivable mature within one year. The movement in the allowances for doubtful receivables is as follows:
Fiscal 2002
Fiscal 2001
Beginning of the year
(131)
(130)
Additions
(69)
(77)
Acquired in business acquisition
(36)
(2)
Used
73
62
Released (change in estimates)
10
18
Exchange rate differences
16
(2)
End of the year
(137)
(131)
144
