Notes to the consolidated financial statements
128 Financial statements
35. Significant interests in joint ventures
Heineken has interests in the following joint ventures:
Ownership interest
Country of incorporation 2007 2006
BrauHolding International GmbH and Co KgaA
Germany
49.9%
49.9%
Zagorka Brewery A.D.
Bulgaria
50.0%
49.0%
Pivara Skopje A.D
Macedonia
50.0%
27.6%
Brasseries du Congo S.A.
Congo
50.0%
50.0%
Asia Pacific Investment Pte. Ltd.
Singapore
50.0%
50.0%
Asia Pacific Breweries (Singapore) Pte. Ltd.
Singapore
41.9%
41.9%
Shanghai Asia Pacific Brewery Ltd.
China
44.6%
44.6%
Hainan Asia Pacific Brewery Ltd.
China
46.0%
46.0%
South Pacific Brewery Ltd.
Papua New Guinea
31.8%
31.8%
Vietnam Brewery Ltd.
Vietnam
25.2%
25.2%
Cambodia Brewery Ltd.
Cambodia
33.5%
33.5%
DB Breweries Ltd.
New Zealand
41.9%
41.9%
Compania Cervecerias Unidas S.A.
Chile
33.1%
33.1%
Tempo Beverages Ltd.
Israel
40.0%
40.0%
Asia Pacific Brewery (Lanka) Ltd.
Sri Lanka
25.2%
25.2%
Société de Production et de Distribution des Boissons
"SPDB" Tunesia
49.9%
49.9%
:n Lion Australia Pty.
Australia
50.0%
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.
Heineken N.V. Annual Report 2007
