115. 31. Financial fixed assets Loans to Participating participating In millions of EUR interest interest Total Balance as at 1 January 2004 808 2,837 3,645 Change in accounting policy (application IFRS) (198) (198) Balance at 1 January 2004 610 2,837 3,447 Profit of participating interests 658 658 Dividend payments by participating interests (322) 322 Effect of movements in foreign exchange 5 5 Other movements (1) 263 262 talance as at 31 December 2004 950 3,422 4,372 Balance as at 1 January 2005 Change in accounting policies IAS 32/39 44 44 ^rofit of participating interests 743 743 Dividend payments by participating interests (244) 244 Effect of movements in foreign exchange 143 143 Other movements (38) 55 17 balance as at 31 December 2005 1,598 3,721 5,319 32. Total equity Capital and reserves Issued Translation Hedging and Legal fair value reserves reserve Revaluation Retained earnings Total 3a!ance at 1 January 2004 784 114 398 886 798 2,980 Change in accounting oolicy (application IFRS) 180 (398) 20 (198) Jalance at 1 January 2004 iccording to IFRS 784 294 906 798 2,782 ^Jet income ecognised directly in equity1 - 5 3 (3) 5 3rofit 80 (80) 642 642 Transfer to etained earnings Dividends o shareholders (28) 826 (173) (798) (173) 3alance at il December 2004 784 5 349 1,476 642 3,256 Net income recognised directly in equity is explained in the consolidated statement of income and expense. Heineken N.V. - Annual Report 2005

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2005 | | pagina 121