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