1999
1998
Personnel costs
Salaries and wages 780.6 712.0
Pension costs 33.9 58.8
Other social security costs 172.6 148.7
Other personnel costs 154.0 129.9
1,141.1 1,049.4
Personnel costs capitalized in connection
with production of tangible fixed assets
for own purposes -8.7 -7.9
1,132.4 1,041.5
The appropriations concerning reorganizations to the balance
sheet item Provision for other personnel schemes are accounted
for, inter alia, under the heading Other personnel costs.
Personnel numbers
The average number of employees was:
The Netherlands 5,647 5,839
RestofEurope 17,635 14,139
Western Hemisphere 813 746
Africa 5,421 6,197
Asia Pacific 1,119 1,060
Heineken N.V. and fully consolidated
participations 30,635 27,981
RestofEurope 932 565
Africa 537 764
Asia Pacific 4,629 4,201
Proportionally consolidated participations 6,098 5,530
Heineken N.V. and consolidated participations 36,733 33,51 1
Depreciation and value adjustments
Depreciation on tangible fixed assets 355,2 339.9
Othervalue adjustments oftangible
fixed assets 30.5 37.1
385.7 377.0
Withdrawal from investment facilities
equalization account -7.2 -7.8
Value adjustments of other assets 49.1 3.7
427.6 372.9
The other value adjustments of tangible fixed assets mainly
concern assets in Asia Pacific and Central Europe.
The increase of value adjustments of other assets concerns
accelerated write-offs of packaging materials in Central Europe
and depreciation of receivables from a participation in Africa.
H E I N E K
F I N A N C
S T A T E M
19 9 9
59
EN N. V.
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