08 I HEINEKENN.V. ANNUAL REPORT 2008 103
Impairment losses
In 2008 a total impairment loss of €90 million was charged to the income statement. These impairment losses
related to various entities of which a total of €51 million related to impairments of pubs in the UK, €30 million
related to restructuring in France, Ireland and Spain and €9 million related to other items in other operating
companies.
Security
Property, plant and equipment totalling €70 million (2007: €68 million) 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 and equipment under construction mainly relates to expansion of the brewing capacity in
the Netherlands, UK, Russia, Poland and R.D. Congo and the building of a brewery in Tunisia.
15. Intangible assets
nillions of EUR
Note Goodwill
Customer-
related and
contract-
based
Brands intangibles
Software,
research
and
develop
ment and
other
Total.
Cost
B ilance as at 1 January 2007
C anges in consolidation
chases/internally developed
sposals
feet of movements in exchange rates
1,768
151
(23)
223
15
(1)
144
2
17
(1)
2,135
168
17
(1)
(24)
B ilance as at 31 December 2007
1,896
237
162 2,295
E ilance as at 1 January 2008
1,896
237
-
162
2,295
C ianges in consolidation
4,158
1,239
327
41
5,765
F irchases/internally developed
-
1
108
49
158
I sposals
-
(1)
-
(4)
(5)
E feet of movements in exchange rates
(371)
(144)
(16)
(23)
(554)
E ilance as at 31 December 2008
5,683
1,332
419
225
7,659
nortisation and impairment losses
t ilance as at 1 January 2007
nortisation charge for the year
I ipairment losses
t sposals
E feet of movements in exchange rates
11
11
(13)
(1)
(31)
(8)
(3)
(114)
(17)
(158)
(25)
(4)
1 1
1
E lance as at 31 December 2007
(14)
(41)
(130) (185)
ilance as at 1 January 2008
(14)
(41)
-
(130)
(185)
nortisation charge for the year
11
(30)
(42)
(34)
(106)
ipairment losses
(275)
-
-
-
(275)
sposals
-
-
-
4
4
feet of movements in exchange rates
(1)
3
2
8
12
ilance as at 31 December 2008
(290)
(68)
(40)
(152)
(550)
arrying amount
s at 1 January 2007
1,755
192
-
30
1,977
at 31 December 2007
1,882
196
-
32
2,110
sat 1 January 2008
1,882
196
-
32
2,110
i at 31 December 2008
5,393
1,264
379
73
7,109
