Movement in temporary differences during the year
In millions of EUR
Balance
1 January
2006
Changes
in
consolidation
Effect of
movements
in foreign
exchange
Recognised
in income
Recognised
in equity
Balance
31
December
2006
Property, plant equipment
(360)
(3)
9
(13)
1
(366)
Intangible assets
(15)
6
47
38
Investments
14
(6)
(1)
7
Inventories
9
(1)
2
10
Loans and borrowings
3
(6)
(3)
Employee benefits
139
(1)
(3)
135
Provisions
60
19
(1)
78
Other items
24
(7)
1
9
(13)
14
Tax losses carry-forwards
19
(1)
(7)
11
(107)
(10)
7
48
(14)
(76)
In millions of EUR
Balance
1 January
2007
Changes
in
consolidation
Effect of
movements
in foreign
exchange
Recognised
in income
Recognised
in equity
Balance
31
December
2007
Property, plant equipment
(366)
(4)
7
(4)
-
(367)
Intangible assets
38
(9)
-
(9)
-
20
Investments
7
-
(6)
-
1
Inventories
10
1
-
4
-
15
Loans and borrowings
(3)
1
3
-
-
1
Employee benefits
135
(1)
-
(21)
-
113
Provisions
78
(5)
-
(21)
-
52
Other items
14
-
(3)
-
(5)
6
Tax losses carry-forwards
11
-
-
6
-
17
(76)
(17)
7
(51)
(5)
(142)
Inventories
2007
2006
F w materials
168
131
V ork in progress
92
86
F ïished products
188
226
Goods for resale
221
162
f on-returnable packaging
108
85
her inventories
230
203
1,007
893
li millions of EUR
1 ventories measured at net realisable value
101
I 2007 the write-down of inventories to net realisable value amounted to €12 million (2006: €8 million).
>e write-downs are included in expenses for raw materials, consumables and services.
Heineken N.V. Annual Report 2007
