Movement in deferred tax on temporary differences during the year
Effect of
In millions of EUR
Balance
1 January
2008
Changes in
consolidation"
movements
in foreign
exchange
Recognised
in income
Recognised
in equity
Balance
31 December
2008'
Property, plant equipment
(349)
11
20
(20)
(338)
Intangible assets
20
(256)
-
(45)
(281)
Investments
1
(27)
(1)
1
1
(25)
Inventories
15
(2)
(2)
(5)
-
5
Loans and borrowings
1
1
(1)
1
Employee benefits
113
46
(1)
(41)
117
Provisions
49
(59)
(1)
75
64
Other items
26
(141)
47
37
61
30
Tax losses carry-forwards
14
42
(6)
78
128
Net tax assets/fliabilities)
(111)
(385)
57
79
61
(299)
The (net) closing balance has been adjusted with EUR(79) million due to the finalisation of the purchase price accounting of the Scottish
Newcastle acquisition (see note 6).
Balance
1 January Changes in
2009 consolidation
Effect of
movements
in foreign
exchange
Recognised
in income
Recognised
in equity
Transfers
Balance
31 December
2009
Property, plant equipment
(338) (3)
10
(3)
-
4
(330)
Intangible assets
(281) (1)
(4)
49
-
(32)
(269)
1 vestments
(25)
(2)
34
2
-
9
/entories
5
-
6
-
-
11
Loans and borrowings
1
-
-
-
-
1
t nployee benefits
117 1
3
(4)
-
(1)
116
ovisions
64 (4)
(4)
-
-
36
92
C i her items
30 1
(4)
10
(4)
(25)
8
x losses carry-forwards
128
6
(10)
13
137
4 tax assets/(liabilities)
(299) (6)
5
82
(2)
(5)
(225)
Annual Report 2009 - Heineken N.V.
