140 FINANCIAL STATEMENTS HEINEKEN N.V. ANNUAL REPORT 2008
NOTES TO THE HEINEKEN N.V. FINANCIAL STATEMENTS CONTINUED
37. Shareholders' equity
In millions of EUR
Issued
capital
Translation
reserve
Hedging
reserve
Fair
value
reserve
Other
legal
reserves
Reserve
for own
shares
Retained
earnings
Shareholders'
Net profit equity
Balance as at
1 January 2007
784
96
28
97
459
(14)
2,348
1,211
5,009
Net recognised
income and expense
(89)
16
2
19
(19)
(71)
Profit
-
89
(89)
807
807
Transfer to
retained earnings
4
1,207
(1,211)
Dividends to
shareholders
(333)
(333)
Purchase own shares
-
(15)
-
(15)
Share-based payments
7
7
Balance as at
31 December 2007
784
7
44
99
571
(29)
3,121
807
5,404
Balance as at
1 January 2008
784
7
44
99
571
(29)
3,121
807
5,404
Net recognised
income and expense
(602)
(166)
(11)
(44)
44
(779)
Profit
-
-
-
-
142
-
(142)
209
209
Transfer to
retained earnings
(74)
881
(807)
Dividends to
shareholders
(363)
(363)
Purchase own shares
-
-
-
-
-
(11)
-
-
(11)
Share-based payments
-
-
-
-
-
-
11
-
11
Balance as at
31 December 2008
784
(595)
(122)
88
595
(40)
3,552
209
4,471
For more details on reserves, please refer to note 22 of the consolidated financial statements.
For more details on LTIP, please refer to note 27 of the consolidated financial statements.