Notes to the parent company financial statements
147
6 Receivables
7 Other current financial assets
-
8 Shareholders' equity
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Annual Report 2014
millior
December 28,
2014
December 29,
2013
Receivables from subsidiaries
25
15
Receivables from joint ventures
1
2
Prepaid expenses
7
1
Income tax receivable
1
Other receivables
1
1
Total receivables
35
19
million
December 28,
2014
December 29,
2013
Short-term deposits and similar instruments
130
1,263
Hedging derivatives intercompany
1
Other
1
1
Total other current financial assets
131
1,265
As per December 28, 2014, short-term deposits and similar instruments included short-term investments with a remaining maturity at acquisition between three and twelve months.
The shareholders' equity in the parent company financial statements equals the shareholders' equity presented in the consolidated financial statements, except that legal reserve participations and accumulated deficit are
presented separately.
The currency translation reserve, cash flow hedging reserve and legal reserve participations are legal reserves that are required by Dutch law. The legal reserve participations include the increases in net asset value of
joint ventures and associates since their first inclusion, less any amounts that can be distributed without legal restrictions.
If the currency translation reserve or the cash flow hedging reserve has a negative balance, distributions to the Company's shareholders are restricted to the extent of the negative balance. Of the total equity as per
December 28, 2014, €4,844 million, an amount of €219 million is non-distributable (December 29, 2013: €513 million out of total equity of €6,520 million). For more information on the dividends on common shares,
see Note 20 to the consolidated financial statements.