ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
ANNUAL REPORT 2011 - DONG Energy
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14 Loans and borrowings<br />
DKK million Current payables<br />
<strong>2011</strong> 2010<br />
non-derivative financial instruments:<br />
Bond loans 3,717 18,961 22,678 3,737 22,833 26,570<br />
Bank overdrafts 3,920 - 3,920 - - 0<br />
Other bank loans 1,570 13,998 15,568 449 8,784 9,233<br />
Trade payables 19 - 19 12 - 12<br />
Payables to subsidiaries 10,509 - 10,509 10,206 - 10,206<br />
Other payables<br />
Derivative financial instruments:<br />
622 - 622 811 - 811<br />
Fair value of derivative financial instruments 8,042 - 8,042 5,630 - 5,630<br />
loans and borrowings at 31 December 28,399 32,959 61,358 20,845 31,617 52,462<br />
The company’s financing agreements are not subject to any<br />
unusual terms or conditions, apart from those disclosed in<br />
note 25 to the consolidated financial statements.<br />
Non-current<br />
payables<br />
15 Income tax receivable and payable<br />
DKK million <strong>2011</strong> 2010<br />
Income tax receivable at 1 January 211 256<br />
Adjustments to current tax in respect of prior years 579 115<br />
Payments in respect of prior years (715) (317)<br />
Current tax for the year 134 7<br />
Current tax for the year from other comprehensive income 392 150<br />
income tax receivable at 31 December 601 211<br />
total<br />
Current payables<br />
Non-current<br />
payables<br />
<strong>DONG</strong> ENERGY <strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2011</strong> – parEnt COmpany finanCial statEmEnts<br />
total<br />
175<br />
notes