| 24. Interest-bearing loans and borrowings - Non-current | |||
| € ('000) | 2012 | 2011 | |
| Bank loans | 22,678 | 28,125 | |
| Derivative instruments at fair value | 0 | 628 | |
| Total | 22,678 | 28,753 | |
| The loan is amortized twice a year with the final payment due in 6 June 2017. The interest is paid quarterly. | |||
| Derivative instruments at fair value | |||
| € ('000) | 2012 | 2012 | 2012 |
| Fair values | Positive fair value (balance sheet value) | Negative fair value (balance sheet value) |
Net value |
| Unhedged items | 0 | 0 | 0 |
| € ('000) | 2011 | 2011 | 2011 |
| Fair values | Positive fair value (balance sheet value) | Negative fair value (balance sheet value) |
Net value |
| Unhedged items | 0 | -628 | -628 |
| The interest rate level of the Group's interest-bearing debts is hedged by interest rate options. They are recognised in the balance sheet at fair value on the closing date. The Group does not use derivative instruments for hedging purposes. Currency receivables and payables, their net position or subsidiaries' equity are not hedged. | |||
