99 Heineken N.V. Annual Report 2004 Financial Statements 2004 Notes to the Consolidated Profit and Loss Account
2004
Tax losses
As at 31 December 2004, the group
had tax losses totalling €198 million,
expiring as follows:
2005 61
2006 14
2007 15
2008 13
2009 3
Later than 2009 92
Total 198
An amount of €54 million relating to these tax losses has
been recognised as a deferred taxes. Due to the uncertain
ty regarding the ability to realise the remaining tax losses,
they have not been recognised.