86. otes
8. Property, plant equipment continued
Security
Property, plant equipment totalling €137 million (2004: €140 million) have been pledged to the
authorities in a number of countries as security for the payment of taxation, particularly excise duties
on beers, non-alcoholic beverages and spirits and import duties.
Property, plant equipment under construction
Property, plant equipment under construction mainly relates to the construction of the new brewery
at Seville, Spain. The new bottling hall will come on-stream in 2007 and the new brewery will be fully
operational early 2008.
9. Intangible assets
Goodwill
Brands and
trademarks
Software
and Other
Total
Cost
Balance at 1 January 2004
1,034
168
121
1,323
Changes in consolidation
594
3
597
Purchases/internally developed
3
5
10
18
Disposals
2
(14)
(12)
Effect of movements in foreign exchange
(4)
2
(2)
Balance at 31 December 2004
1,627
175
122
1,924
Changes in consolidation
513
54
(4)
563
Purchases/internally developed
1
3
17
21
Disposals
(1)
(2)
(3)
Effect of movements in foreign exchange
12
4
16
Balance at 31 December 2005
2,152
232
137
2,521
Depreciation and impairment losses
Balance at 1 January 2004
(1)
(56)
(57)
Amortisation charge for the year
(8)
(28)
(36)
Impairment charge
(2)
(2)
Disposal
7
7
Effect of movements in foreign exchange
1
1
Balance at 31 December 2004
-
(11)
(76)
(87)
(87)
Amortisation charge for the year
(8)
(29)
(37)
Impairment charge
(14)
(1)
(15)
Disposal
Effect of movements in foreign exchange
(2)
(2)
Balance at 31 December 2005
(14)
(20)
(107)
(141)
Carrying amount
1,034
167
65
1,266
1,627
164
46
1,837
1,627
164
46
1,837
2,138
212
30
2,380
Heineken N.V. - Annual Report 2005
