Notes to the
parent company
financial statements
continued
15 Derivatives continued
16 Related party transactions
5óT
210”
Overview
Business review
Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
Current derivatives - assets
2016
2015
Non-current derivatives - liabilities
(313)
548
Current derivatives - liabilities
2016
2015
Fair value changes include exchange rate differences and installments paid on a cross-currency swap that was entered into on behalf of one of
the parent company’s subsidiaries. The cross-currency swap, accounted for as a cash flow hedge, was used to hedge currency and cash flow risk on
floating debt denominated in foreign currency, related to the JPY 33,000 notes. The yen-euro currency swap was unwound on November 15, 2016.
Koninklijke Ahold Delhaize N.V. has entered into arrangements with a number of its subsidiaries and affiliated companies in the course of its
business. These arrangements relate to service transactions and financing agreements and were conducted at market prices.
313
(14)
299
2016
548
(6)
(229)
(313)
313
(13)
3oo
million
Beginning of year
Reclassification of current portion from non-current
Fair value changes
End of year
million
Beginning of year
Fair value changes
Unwinding of cross-currency swap
Reclassification of current portion
End of year
million
Beginning of year
Reclassification of current portion from non-current
Fair value changes
End of year
2015
(13)
Other
derivatives
intercompany
338"
(25)
Hedging
derivatives
external
19
(229)
