2001 2000
Notes to the Balance Sheet and Profit and Loss Account of Heineken N.V. for 2001
Accounting policies for the valuation of
assets and liabilities and for the determination
of results
Shares in group companies are carried at net asset value
calculated in accordance with the accounting policies for
the valuation of assets and liabilities stated on pages 54 et
seq. Amounts receivable from group companies are stated
at face value. Also stated at face value are other amounts
receivable, cash, long-term borrowings and current liabili
ties. Goodwill, being the difference between the value as
calculated in accordance with the stated accounting poli
cies and the price paid on acquisition of group companies,
is taken to the general reserve. Positive differences are
credited to the revaluation reserve. Any difference in value
of a group company between the beginning and end of the
year which does not relate to changes in the paid-up share
capital, results and dividends of that company is credited
or debited to the revaluation reserve or, if this is
insufficient, to the general reserve.
The profit and loss account has been prepared in accor
dance with the accounting policies stated on pages 55 et
seq.
Financial fixed assets
Position as at 1 January 2001
Revaluations
Net profit of group companies
Dividend payments by group companies
Other movements
Position as at 31 December 2001
Group companies
Total Shares Accounts
receivable
2,160 560 1,600
-248 -248
736 736
-334 -334
76 - 76
2,390 714 1,676
Receivables
Amounts receivable 12 6
The amounts receivable fall due within one year.
Cash
Short-term cash deposits 585 440
Issued capital
Position as at 1 January 711 711
Recapitalisation charged to the general reserve 73 -
Position as at 31 December 784 711
The issued share capital comprises 391,979,675 shares
of EUR 2.00 nominal value and the authorised share capi
tal is EUR 2.5 billion.
FINANCIAL STATEMENTS 2001
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