Financial Statements
Notes to Heineken N.V. financial statements
continued
38. Shareholders' equity
Capital and reserves
Other Fair Reserve
Issued Translation legal Hedging value for own Retained Total
In millions of EUR capital reserve reserves reserve reserve shares earnings Net profit equity
Balance at
1 January 2005
Net income
recognised
directly in equity78
Profit
Transfer to
retained earnings
Dividends to
shareholders
Balance at
31 December 2005 784 148 392 (21) 49 - 1,856 761 3,969
784
349
1,476 642 3,256
143 25 (21) 49
80
(62)
(48)
(80)
704
(196)
761
(642)
148
761
(196)
Balance at
1 January 2006 784 148 392 (21) 49 - 1,856 761 3,969
Net income
recognised directly
in equity7 - (52) (6) 49 48 - (4) - 35
Profit - - 110 - -- (110) 1,211 1,211
Transfer to
retained earnings - - (37) - - - 798 (761)
Dividends
to shareholders (196) - (196)
Purchase own shares ----- (14) - (14)
Share based
payments------4- 4
Balance at
31 December 2006 784 96 459 28 97 (14) 2,348 1,211 5,009
7 Net income recognised directly in equity is explained in the consolidated statement of income and expense.
8 Included is the effect of the change in accounting policy due to the application of IAS 32/39 amounting to €44 million.
For more details on reserves, please refer to note 22 of the consolidated financial statements.
For more details on LTIP, please refer to note 27 of the consolidated financial statements.
<1 Heineken N.V.
Annual Report 2006
