Security
Property, plant equipment totaling €131 million (2005: €137 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
and bottling hall at Seville, Spain. The new bottling hall will come on-stream in 2007 and the new
brewery will be fully operational early 2008.
14. Intangible assets
Software,
research and
development
In millions of EUR Goodwill Brands and other Total
Cost
Balance at 1 January 2005
1,627
175
122
1,924
Changes in consolidation
513
54
(4)
563
Purchases/internally developed
1
3
17
21
Di posals
(1)
-
(2)
(3)
Ef ect of movements in exchange rates
12
-
4
16
B ance at 31 December 2005
2,152
232
137
2,521
B; ance at 1 January 2006
2,152
232
137
2,521
C anges in consolidation
67
11
2
80
Pi rchases/internally developed
-
11
22
33
D posals
-
-
(1)
(1)
Ef ect of movements in exchange rates
(1)
(2)
4
B ance at 31 December 2006
2,226
253
158
2,637
A ortisation and impairment losses
B ance at 1 January 2005
-
(11)
(76)
(87)
A iortisation charge for the year
-
(8)
(29)
(37)
Ir aairment loss
(14)
(1)
-
(15)
E act of movements in exchange rates
-
(2)
(2)
B ance at 31 December 2005
(14)
(20)
(107)
(141)
B ance at 1 January 2006
(14)
(20)
(107)
(141)
A iortisation charge for the year
-
(11)
(17)
(28)
Ir pairment loss
(17)
(1)
(1)
(19)
B ance at 31 December 2006
(31)
(32)
(125)
(188)
C rying amount
A 1 January 2005
1,627
164
46
1,837
A 31 December 2005
2,138
212
30
2,380
A 1 January 2006
2,138
212
30
2,380
A 31 December 2006
2,195
221
33
2,449
Heineken N.V. QO
Annual Report 2006 «7O
