97
Impairment losses
In 2007 a total impairment loss of €43 million was charged to the income statement. These impairment
losses related to various entities of which a total of €20 million related to impairments of the Karlsberg
Brewery in Germany held by our joint venture, Brau Holding International, in Germany.
Security
Property, plant equipment totalling €68 million (2006: €131million) has 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 and equipment under construction
Property, plant equipment under construction mainly relates to expansion of the brewing capacity in
the Netherlands, Spain, Russia, Poland and Congo.
Heineken N.V. Annual Report 2007