Notes to the
consolidated
financial statements
continued
18 Other current financial assets
Overview
Business review
Governance
Financials
Investors
Ahold Delhaize Annual Report 2016
596
The line item “Other” includes cash collateral posted on net liability positions of derivative financial instruments.
As of January 1, 2017, short-term deposits and similar instruments included short-term investments with a maturity at acquisition of between three
and 12 months. Of the short-term deposits and similar instruments as of January 1, 2017, €10 million was restricted (January 3, 2016: €10 million).
The restricted investments are held for insurance purposes for U.S. workers’ compensation and general liability programs.
At each reporting date, the Company assesses whether there is objective evidence that a financial asset or group of financial assets is impaired.
In both 2016 and 2015, none of the financial assets were either past due or impaired.
The derivative financial instruments - current portion includes the interest and the cross-currency swaps related to GBP 250 notes (due March 2017)
classified as current as per year-end (see Note 30).
The Available-for-sale financial assets relate primarily to investments in U.S. Treasury bond funds which are held by one of the Company’s captive
insurance companies (see Note 24).
528
68
January 3,
2016
million
Derivative financial instruments - current portion
Available-for-sale financial assets - current portion
Short-term deposits and similar instruments
Reinsurance assets - current portion (see Note 15)
Other
Total other current financial assets
January 1,
2017
299
175
110
75
18
677
