Kesko's Annual Report 2009
Kesko's Annual Report 2009
Kesko's Annual Report 2009
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Kesko financial statements <strong>2009</strong><br />
Breakdown of liability maturities <strong>2009</strong><br />
€ million 31 Dec <strong>2009</strong> Available Total 2010 2011 2012 2013<br />
2014<br />
and later<br />
Loans from financial institutions 55.3 55.3 8.2 1.2 17.8 0.9 27.3<br />
Private placement bonds 100.0 100.0 100.0<br />
Pension loans 46.4 46.4 2.9 5.8 5.8 31.8<br />
Finance lease liabilities 85.7 85.7 17.3 23.4 10.8 10.5 23.8<br />
Liabilities to K-retailers 109.7 109.7 109.7<br />
Other interest-bearing liabilities 56.6 56.6 56.6<br />
Trade payables 703.6 703.6 703.5 0.0<br />
Accrued liabilities<br />
Other non-interest-bearing<br />
254.1 254.1 254.1<br />
liabilities 185.5 185.5 179.9 3.0 1.5 1.1 0.0<br />
Binding credit limits * 225.0 227.0 76.0 0.9 150.0<br />
Commercial papers 0.0 329.0 329.0<br />
Guarantees 23.3 23.3 0.2 1.5 0.0 0.0 21.6<br />
Total 1,620.3 554.0 2,176.2 1,405.5 33.0 185.9 18.3 204.6<br />
* The amount withdrawn from binding credit limits is included in loans from financial institutions.<br />
The financial guarantees given do not include guarantees relating to an item presented as a liability in the consolidated statement of<br />
financial position, or as a lease liability in note 34.<br />
Breakdown of liability maturities 2008<br />
€ million 31 Dec 2008 Available Total <strong>2009</strong> 2010 2011 2012<br />
2013<br />
and later<br />
Loans from financial institutions 47.1 47.1 20.2 0.8 1.0 0.8 24.3<br />
Private placement bonds 100.0 100.0 100.0<br />
Pension loans 0.0 0.0<br />
Finance lease liabilities 92.7 92.7 22.7 11.8 23.4 10.8 24.0<br />
Liabilities to K-retailers 114.1 114.1 114.1<br />
Other interest-bearing liabilities 88.9 88.9 88.9<br />
Trade payables 755.6 755.6 755.6<br />
Accrued liabilities<br />
Other non-interest-bearing<br />
245.5 245.5 245.5<br />
liabilities 196.3 196.3 184.5 11.8<br />
Binding credit limits * 246.5 247.7 75.0 21.5 150.0<br />
Commercial papers 47.7 401.3 449.0 47.7<br />
Total 1,687.9 647.8 2,336.9 723.6 99.4 45.9 161.6 148.3<br />
* The amount withdrawn from binding credit limits is included in loans from financial institutions.<br />
Fair value measurement levels for financial assets and liabilities<br />
Fair value at 31 Dec. <strong>2009</strong><br />
€ million Level 1 Level 2 Level 3 Total<br />
Financial assets at fair value through profit or loss<br />
Bank certificates of deposit and deposits 202.9 202.9<br />
Bond funds 10.1 10.1<br />
Total 10.1 202.9 213.1<br />
Derivative instruments at fair value<br />
Derivative receivables 3.5 3.5<br />
Derivative liabilities 31.9 31.9<br />
Available-for-sale financial assets<br />
Commercial papers (maturing in less than 3 months) 214.1 214.1<br />
Bank certificates of deposit and deposits (maturing in less than 3 months) 3.8 199.6 203.4<br />
Bonds 10.2 10.2<br />
Total 14.0 413.7 427.7<br />
127