Balance Sheet of Heineken N.V.
106 Heineken N.V. Annual Report 2004 Financial Statements 2004
before proposed appropriation of profit in millions of euros
31 December 2004 31 December 2003
Assets
Fixed assets
Financial fixed assets 4,496 3,832
Current assets
Receivables 40 8
Cash 86 574
126 582
4,622 4,414
Equity and liabilities
Shareholders' equity
Issued share capital
784
784
Statutory reserve
131
114
Revaluation reserve
414
398
Retained profit
2,050
1,871
3,379 3,167
Liabilities
Long-term borrowings 1,212 1,161
Current liabilities 31 86
1,243 1,247
4,622 4,414