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4.2 FINANCIAL STATEMENTS OF DANONE SA, THE DANONE PARENT COMPANY
Note 10. Short-term loans and receivables
DANONE
REGISTRATION DOCUMENT 2015
154
NOTE 10. SHORT-TERM LOANS AND RECEIVABLES
As of December 31, 2015, this balance sheet item comprised mainly
€2,285 million of receivables due to the Company within less than
one year, including receivables due from its subsidiaries and equity
interests totaling €2,049million, tax receivables totaling €89million
(€83 million as of December 31, 2014) and receivables from custo-
mers totaling €80million (also €80million as of December 31, 2014).
NOTE 11. MARKETABLE SECURITIES
Carrying amount and changes during the period
As of Decem-
ber 31, 2014
Changes during the period
As of Decem-
ber 31, 2015
(in € millions)
Increase
Decrease
(exercised)
Reallocation Reclassification
DANONE shares
DANONE shares hedging
stock-option plans
(a)
197
(146)
51
DANONE shares hedging Group
performance shares
(a)
86
(19)
67
Total
283
–
(165)
−
−
118
DANONE call options
21
(12)
9
danone.communities
(b)
20
(7)
13
Total
324
−
(177)
(7)
−
140
(a) Portion of DANONE treasury shares recognized as Marketable securities (see Note 1 of the Notes to the financial statements of the parent company Danone).
(b) danone.communities is a mutual fund (French SICAV) aimed at financing certain social projects through an investment that generates a return nearly com-
parable to the money market rate.