Notes to the Consolidated Balance Sheet
Intangible fixed assets
With effect from 1 January 2001, investments in intangible
fixed assets satisfying certain criteria laid down in the
Guidelines for Annual Reporting in the Netherlands have
been capitalised. Prior to 2001, such investments were
expensed. In 2001, an amount of EUR 17 million was
capitalised and an amount of EUR 4 million was amortised
in respect of intangible fixed assets.
This change in the accounting policies would have had
no material effect on the balance sheet and profit and loss
account for 2000, if applied already in 2000.
Tangible fixed assets
Total
Land and
buildings
Plant and
equipment
Other
fixed assets
Projects under
construction
Position as at 1 january 2001
Changes in the consolidation
Investments less disposals
Completed projects
Revaluations
Depreciation and value adjustments
3,276
136
579
94
-471
1,135
24
-28
40
12
-48
1,444
52
96
109
65
-244
577
47
196
60
15
179
120
13
315
-209
2
Position as at 31 December 2001
3,614
1,135
1,522
716
241
This book value is made up as follows:
Replacement cost
Accumulated depreciation
9,017
5,403
2,485
-1,350
4,489
-2,967
1,802
1,086
241
3,614
1,135
1,522
716
241
The aggregate amount of the revaluations included
in the book value as at 31 December 2001 is:
528
228
254
46
'Other fixed assets' includes vehicles, office equipment
and returnable packaging. 'Projects under construction'
also includes advance payments on tangible fixed assets
on order.
HEINEKEN N.V. ANNUAL REPORT 2001
56
