Via joint ventures Heineken is able to jointly govern the financial and operating policies of the above- mentioned companies. Consequently, Heineken proportionally consolidates these companies. Reporting date The reporting date of the financial statements of all Heineken 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, revenue and expenses of the joint ventures: In millions of EUR 2006 2005 Non-current assets 982 958 Current assets 504 489 Non-current liabilities (328) (333) Current liabilities (441) (381) Net assets 717 733 Revenue 1,295 1,125 Expenses (1,155) (1,009) Derating Profit 140 116 5. Subsequent events lere are no significant subsequent events to report until 20 February 2007. Heineken N.V. Annual Report 2006

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2006 | | pagina 118