Notes to the consolidated financial statements
96 Financial statements
14. Property, plant and equipment
In millions of EUR Note
Land and
buildings
Plant and
equipment
Other Under
fixed assets construction
Total
Cost
2,725
5,093
11,074
Balance as at 1 January 2006
2,985
271
Changes in consolidation
88
(125)
53
2
18
Purchases
40
125
311
368
844
Transfer of completed projects under construction
27
104
90
(221)
Transfer to assets classified as held for sale
(70)
(6)
(76)
Disposals
(150)
(214)
(198)
(562)
Effect of movements in exchange rates
(39)
(76)
(30)
(7)
(152)
Balance as at 31 December 2006
2,621
4,907
3,205
413
11,146
Balance as at 1 January 2007
2,621
4,907
3,205
413
11,146
Changes in consolidation
6
41
29
14
2
86
Purchases
56
186
344
537
1,123
Transfer of completed projects under construction
109
241
72
(422)
-
Transfer to/from assets classified as held for sale
12
(3)
(1)
-
8
Disposals
(32)
(156)
(347)
1
(534)
Effect of movements in exchange rates
(27)
(58)
(25)
(9)
(119)
Balance as at 31 December 2007
2,780
5,146
3,262
522
11,710
Depreciation and impairment losses
Balance as at 1 january 2006
(1,339)
(2,724)
(1,944)
(6,007)
Changes in consolidation
11
8
(9)
10
Depreciation charge for the year
11
(75)
(251)
(380)
(706)
Impairment losses
11
(10)
(24)
(3)
(37)
Reversal impairment losses
11
2
2
4
Transfer to assets classified as held for sale
35
35
Disposals
115
163
169
447
Effect of movements in exchange rates
14
23
15
52
Balance as at 31 December 2006
(1,249)
(2,803)
(2,150)
-
(6,202)
Balance as at 1 January 2007
(1,249)
(2,803)
(2,150)
-
(6,202)
Changes in consolidation
6
7
21
1
-
29
Depreciation charge for the year
11
(74)
(252)
(368)
-
(694)
Impairment losses
11
(8)
(23)
(12)
-
(43)
Reversal impairment losses
11
3
13
9
-
25
Transfer to/from assets classified as held for sale
(4)
2
-
-
(2)
Disposals
15
142
320
-
477
Effect of movements in exchange rates
13
26
23
-
62
Balance as at 31 December 2007
(1,297)
(2,874)
(2,177)
-
(6,348)
Carrying amount
As at 1 January 2006
1,386
2,369
1,041
271
5,067
As at 31 December 2006
1,372
2,104
1,055
413
4,944
As at 1 January 2007
1,372
2,104
1,055
413
4,944
As at 31 December 2007
1,483
2,272
1,085
522
5,362
Heineken N.V. Annual Report 2007