96
Financial statements Notes to the consolidated financial statements
14. Property, plant and equipment
Financial lease assets
The Group leases PP&E under a number of finance lease agreements. At 31 December 2010 the net carrying amount of leased
property, plant and equipment was EUR95 million (2009: EUR108 million). During the year, the Group acquired leased assets
of EUR17 million (2009: EUR4 million).
Security to authorities
Property, plant equipment EUR281 million (2009: EUR27 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.
Increase mainly relates to Brazil (see note 34).
Property, plant and equipment under construction
Property, plant equipment under construction mainly relates to expansion of the brewing capacity in Mexico, the UK, Russia,
Spain and Nigeria.
Capitalised borrowing costs
During 2010 no borrowing costs have been capitalised (2009: EUR nil).
15. Intangible assets
Software,
Contract-
intangibles
development
Cost
Balance as at 1 January 2009
5,604
1,332
311
108
225
7,58(
Changes in consolidation
34
4
24
7
1
Purchases/internally developed
9
19
71
Disposals
(I)
(47)
Transfers to assets held for sale
(2)
Effect of movements in exchange rates
44
16
11
Balance as at 31 December 2009
5,713
1,382
351
124
259
7,82
Balance as at 1 January 2010
5,713
1,382
351
124
259
7,82
Changes in consolidation
1,748
924
943
86
39
3,74
Purchased/internally developed
-
-
-
-
56
56
Disposals
(1)
(8)
-
-
(16)
(25)
Transfers to assets held for sale
-
-
-
-
3
Effect of movements in exchange rates
132
23
(10)
12
3
160
Balance as at 31 December 2010
7,592
2,321
1,284
222
344
11,76
Amortisation and impairment losses
Balance as at 1 January 2009
(290)
(68)
(29)
(11)
(152)
(55
Amortisation charge for the year
11
(36)
(43)
(18)
J30)
Impairment losses
11
(1)
(4)
(20)
Disposals
5
Transfers to assets held for sale
2
Effect of movements in exchange rates
Balance as at 31 December 2009
(280)
(108)
(74)
(50)
(182)
(69