Merck 2010 Annual Report Download - page 178
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These financial assets are primarily allocated to the measurement category “Available-for-sale
financial assets”, otherwise to the measurement category “Held-to-maturity investments”. To ensure
reporting transparency, we are disclosing these financial assets separately in the balance sheet.
The following amounts arising from financial assets covering pension obligations classified as
available-for-sale were recognized in equity as of the balance sheet date:
EUR million
Dec. 31,
2010
Dec. 31,
2009
Fair values/Book values 152.3 148.5
Amortized acquisition cost 152.1 140.2
Unrealized gains/losses 0.2 8.3
This item comprises:
EUR million current
non-
current
Dec. 31,
2010 current
non-
current
Dec. 31,
2009
Bonds 25.3 4,948.3 4,973.6 499.4 1,490.9 1,990.3
Commercial paper 10.0 – 10.0 – – –
Bank loans and overdrafts 85.7 30.0 115.7 57.3 30.1 87.4
Liabilities to related parties 190.3 – 190.3 118.8 – 118.8
Loans from third parties and
other financial liabilities 14.3 63.8 78.1 11.9 71.0 82.9
Liabilities from derivatives
(financial transactions) 28.7 80.0 108.7 16.0 1.5 17.5
Finance lease 1.8 5.3 7.1 1.8 8.6 10.4
356.1 5,127.4 5,483.5 705.2 1,602.1 2,307.3
Bank financing commitments vis-á-vis the Merck Group are as follows:
EUR million
Bank credit
facilities
Utilization *
as of Dec. 31,
2010 Interest Due
Syndicated loan 2007 2,000.0 – variable 2014
Bilateral credit facilities with banks 5.9 5.9 fixed 2012
Bilateral credit facilities with banks 9.1 9.1 fixed 2017
Bilaterial credit facilities with banks 15.0 15.0 fixed 2018
Various bank lines 294.8 85.7 fixed/variable < 1 year
2,324.8 115.7
174 Merck Annual Report 2010