Weighted average number of shares - basic
In thousands of shares
2006
2005
Weighted average number of shares - basic - at 1 January 489,974,594 489,974,594
Effect of own shares held(262,000)-
Weighted average number of
shares - basic - at 31 December 489,712,594 489,974,594
Diluted earnings per share
The calculation of diluted earnings per share at 31 December 2006 was based on the profit
attributable to ordinary shareholders of the Company (net profit) of €1,211 million (2005: €761 million)
and a weighted average number of ordinary shares outstanding after adjustment for the effects of all
dilutive potential ordinary shares of 489,974,594 (2005: 489,974,594). Diluted earnings per share for
the year amount to €2.47.
24. Changes in accounting policy
In 2005 Heineken adopted IAS 32 and IAS 39 Financial instruments.
In 2004 under IFRS, Fleineken did not recognize derivatives. In accordance with IAS 32 and IAS 39
derivatives should be recognised at fair value.
Tl e changes in accounting policy had the following impact on the opening balance of 1 January 2005.
In millions of EUR
Balance 31
December
2004
Effect of
policy
change
Balance
1 January
2005
Deferred tax assets
269
9
278
In 'estments
632
37
669
In 'entories
782
(14)
768
Tr tde and other receivables
1,646
68
1,714
Lc ans and borrowings
(23)
(23)
(46)
D< ferred tax liabilities
(384)
(20)
(404)
Tr ide and other payables
(2,025)
(13)
(2,038)
R :ognised directly in equity
(44)
2 Loans and borrowings
T is note provides information about the contractual terms of Fleineken's interest-bearing loans and
b rrowings. For more information about Heineken's exposure to interest rate risk and foreign currency
ri f refer to note 30.
N n-current liabilities
In lillions of EUR
2006
Si cured bank loans
10
7
U: secured bank loans
699
841
U secured bond issues
1,343
1,341
Fi ance lease liabilities
6
6
N n-current interest bearing liabilities
2,058
2,195
N n-current non-interest bearing liabilities
33
38
2,091
2,233
Heineken N.V. <1
Annual Report 2006 XvS J.
