Reporting date
The reporting date of the financial statements of all Group entities and joint ventures disclosed are the
same as for the Company, except for: Asia Pacific Breweries (Singapore) Pte. Ltd., Shanghai Asia Pacific
Brewery Ltd., Hainan Asia Pacific Brewery Ltd., South Pacific Brewery Ltd., Vietnam Brewery Ltd. and
Cambodia Brewery Ltd., which have a 30 September reporting date.
Included in the consolidated financial statements are the following items that represent Heineken's
interests in the assets and liabilities, revenues and expenses of the joint venture:
ons of EUF20052004
Non-current assets 958 744
Current assets 489 334
Non-current liabilities (333) (199)
Current liabilities(381) (285)
ossets733594
Revenue 1,125 889
Expenses(1,009) (783)
aerating Profit 116106
3. Subsequent event
nere are no significant subsequent events to report until 21 February 2006
D. Explanation of transition to IFRS
s stated in the basis of preparation, these are Heineken's first consolidated financial statements
f repared in accordance with IFRS.
ne accounting policies have been applied in preparing the financial statements for the year ended
1 December 2005, the comparative information presented in these financial statements for the year
ided 31 December 2004 and in the preparation of an opening IFRS balance sheet at 1 January 2004
leineken's date of transition).
preparing its opening IFRS balance sheet, Heineken has adjusted amounts reported previously in
nancial statements prepared in accordance with its former basis of accounting (Dutch GAAP). An
xplanation of how the transition from previous GAAP to IFRS has affected Heineken's financial position,
nancial performance and cash flows is set out in the following tables and the notes that accompany
ie tables.
Heineken N.V. - Annual Report 2005
