144
4 Financial assets
7,649
-
-
-
Ahold Annual Report 2012
Notes to the parent company
financial statements
Ahold at a glance
Our strategy
Our performance
Governan
Financials
Investors
million
December 30,
2012
January 1,
2012
Investments in subsidiaries
8,901
8,000
Loans receivable from subsidiaries
2,797
2,753
Other derivatives external
280
239
Pensions and other post-employment benefits
16
12
Deferred financing cost
4
5
Total financial assets
11,998
11,009
For more information on derivatives, see Note 11 to these parent company financial statements.
Investments in subsidiaries and joint ventures
million
2012
2011
Beginning of year
8,000
Share in income
713
905
Dividends
(463)
(635)
Intercompany transfers
700
50
Share of other comprehensive income (loss) and other changes in equity
(13)
(19)
Transfers to loans receivable
(8)
Transfers (to) from provisions
(38)
4
Exchange rate differences
10
46
End of year
8,901
8,000
Intercompany transfers include share premium contributions. For a list of subsidiaries, joint ventures and associates,
see Note 36 to the consolidated financial statements.
Loans receivable
million
2012
2011
Beginning of year
2,753
2,553
Issued
76
193
Redemptions
(59)
Transfers from investments
8
Exchange rate differences
(40)
66
End of year
2,797
2,753
Current portion -
Non-current portion of loans
2,797
2,753
The loans receivable are related to loans with subsidiaries. The parent company has granted subordinated loan facilities for a total amount of €3.9 billion ($5.2 billion) to subsidiaries. As of
December 30, 2012, three loans have been issued for a total amount of €2.0 billion ($2.6 billion).
