Notes to the Heineken N.V.
Basis of preparation
Significant accounting policies
Financial fixed assets
Profit of participating interests
150 Annual Report 2009 - Heineken N.V.
The financial statements of Heineken N.V. (the 'Company') are included in the consolidated statements
of Heineken N.V.
The Company financial statements have been prepared in accordance with the provisions of Part 9, Book 2, of
the Dutch Civil Code. The Company uses the option of Article 362.8 of Part 9, Book 2, of the Dutch Civil Code to
prepare the Company financial statements, using the same accounting policies as in the consolidated financial
statements. Valuation is based on recognition and measurement requirements of accounting standards adopted
by the EU (i.e., only IFRS that is adopted for use in the EU at the date of authorisation) as explained further in the
notes to the consolidated financial statements.
Participating interests (subsidiaries, joint ventures and associates) are measured on the basis of the equity method.
The translation reserve and other legal reserves were previously formed under and are still recognised in
accordance with the Dutch Civil Code.
The share of profit of participating interests consists of the share of the Company in the results of these participating
interests. Results on transactions, where the transfer of assets and liabilities between the Company and its
participating interests and mutually between participating interests themselves, are not recognised.