Note 8
8 LOANS
- -
-
-
-
-
- -
-
-
--
-
-
-
-
--
- -
-
-
January 1, 2006
January 2, 2005
Non-current
portion
Current
portion
Non-current
portion
Current
portion
Subordinated loans
Bonds and notes
Other loans
Loans from subsidiaries
- - - 91
1,527 - 1,998 99
211 - 211
587 - 512
Deferred financing costs
2,325 - 2,721 190
(3) (2) (7) (5)
Total loans
2,322
(2)
2,714
185
Carrying amounts - maturities
Between
1 and 5
years
er 5
ears
January 1,
2006
January 2,
2005
Subordinated loans
5.875%, subordinated bonds
91
Bonds and notes
EUR 1,500 notes 5.875%
- 1,091
1,091
1,561
EUR 200 notes 6.375%
- 200
200
200
CZK 3,000 floating rate note PRIBOR +0.28%
99
JPY 33,000 notes LIBOR plus 150 bps
236
236
237
Other loans
EUR 66 floating rate note EURIBOR +0.8%
- 66
66
66
EUR 95 loan 5.625%
- 95
95
95
EUR 50 EURIBOR +0.4%
- 50
50
50
Loans from subsidiaries
EUR loans from subsidiaries (4.183%)
- 158
158
152
USD loans from subsidiaries
429
429
360
(interest ranging from 3.6285% to 7.65%)
|Total
- 1,660
665
2,325
2,911
Current portion
(190)
1 Non-current portion of loans
- 1,660
665
2,325
2,721
For more information on the external loans, see Note 26 to the consolidated financial statements. For information on the
cumulative preferred financing shares, see Note 28 to the consolidated financial statements. USD loans from subsidiaries in
the amount of EUR 429 (2004: EUR 360) are considered part of the net investment in the foreign entity and the exchange
results on these loans are included in the currency translation reserve.
AHOLD ANNUAL REPORT 2005 215
