Note 11 Cash and cash equivalents The effective interest rate on cash and cash equivalents ranged from -0.57% to 0.00% (2018: -0.54% to -0.41%). Cash and cash equivalents are held almost entirely in euros. Lees meer Note 12 Equity The company’s authorised capital is divided into 350 million shares of €5 nominal value. As at year-end 2019, 136,794,964 shares were in issue (2018: 136,794,964). Lees meer Note 13 Interest-bearing debt The movements in new loans and loan repayments during the year resulted in cash flows; the currency translation differences and other movements did not result in cash flows during the year. Lees meer Note 14 Deferred income Deferred income relates to construction contributions, investment grants and subsidies received. Lees meer Note 15 Provisions for employee benefits Prompted by the deterioration of the funding ratio in 2008, ABP introduced a recovery plan in 2009. At the start of each year ABP evaluates the progress of the recovery on the basis of the actual funding ratio at the end of the preceding year. Lees meer Note 16 Other provisions The other provisions as at year-end 2019 amounted to €23 million (2018: €10 million) and, amongst other, related to loss-making contracts (€8 million) as part of Alliander AG’s public lighting and traffic management system operations. Lees meer Note 17 Deferred tax The deferred tax item is made up as follows: Lees meer Note 18 Trade and other payables Other debt includes €4 million (2018: €20 million) owed to a company in which Alliander has a non-controlling interest. Lees meer Note 19 Leases The receivables in respect of finance leases as at year-end 2019 were as follows: Lees meer Note 20 Contingent assets and liabilities Please refer to note [19] to the consolidated financial statements for details of rights and obligations arising from leases. Lees meer Toon meer resultaten