Notes to Heineken N.V. financial statements
134 Financial statements
Reporting entity
The financial statements of Heineken N.V. (the 'Company') are included in the consolidated statements
of Heineken.
Basis of preparation
The Company financial statements have been prepared in accordance with the provisions of Part 9,
Book 2, of the Dutch Civil Code. The Company uses the option of Article 362.8 of Part 9, Book 2,
of the Dutch Civil Code to prepare the Company financial statements, using the same accounting
policies as in the consolidated financial statements. Valuation is based on recognition and measurement
requirements of accounting standards adopted by the EU (i.e., only IFRS that is adopted for use
in the EU at the date of authorisation) as explained further in the notes to the consolidated financial
statements).
Significant accounting policies
Financial fixed assets
Participating interests (subsidiaries, joint ventures and associates) are measured on the basis of the
equity method.
Shareholders' equity
The translation reserve and other legal reserves are previously formed under and still recognised and
measured in accordance with the Dutch Civil Code.
Profit of participating interests
The share of profit of participating interests consists of the share of the Company in the results of these
participating interests. Results on transactions, where the transfer of assets and liabilities between the
Company and its participating interests and mutually between participating interests themselves, are
not recognised.
Heineken N.V. Annual Report 2007