14. Property, plant and equipment Land and Plant and Other fixed Under In millions of EUR Note buildings equipment assets construction Total Cost Balance as at 1 January 2010 3,460 5,337 3,518 315 12,630 Changes in consolidation 745 635 253 72 1,705 Purchases 38 82 249 279 648 Transfer of completed projects under construction 106 142 104 (352) - Transfer to/(from) assets classified as held for sale 26 34 39 2 101 Disposals (49) (130) (285) (1) (465) Effect of movements in exchange rates 71 107 61 15 254 Balance as at 31 December 2010 4,397 6,207 3,939 330 14,873 Balance as at 1 January 2011 4,397 6,207 3,939 330 14,873 Changes in consolidation 6 505 89 (31) 3 566 Purchases 55 99 320 326 800 Transfer of completed projects under construction 82 90 150 (322) - Transfer to/(from) assets classified as held for sale (65) - - - (65) Disposals (35) (92) (255) (6) (388) Effect of hyperinflation 2 11 2 2 17 Effect of movements in exchange rates (71) (127) (73) (1) (272) Balance as at 31 December 2011 4,870 6,277 4,052 332 15,531 Depreciation and impairment losses Balance as at 1 January 2010 (1,405) (2,875) (2,333) - (6,613) Changes in consolidation 12 31 35 - 78 Depreciation charge for the year 11 (117) (342) (434) - (893) Impairment losses 11 (15) (19) (6) - (40) Reversal impairment losses 11 4 21 1 - 26 Transfer (to)/from assets classified as held for sale (6) (14) (23) - (43) Disposals 37 128 263 - 428 Effect of movements in exchange rates (36) (54) (39) - (129) Balance as at 31 December 2010 (1,526) (3,124) (2,536) - (7,186) Balance as at 1 January 2011 Changes in consolidation 6 (1,526) (3,124) 4 (2,536) 14 - (7,186) 18 Depreciation charge for the year 11 (128) (356) (452) - (936) Impairment losses 11 - - (8) - (8) Reversal impairment losses 11 - 3 5 - 8 Transfer (to)/from assets classified as held for sale 3 - - - 3 Disposals 18 92 224 - 334 Effect of movements in exchange rates Balance as at 31 December 2011 11 (1,622) 42 (3,339) 43 (2,710) - 96 (7,671) Carrying amount Asatl January 2010 2,055 2,462 1,185 315 6,017 As at 31 December 2010 2,871 3,083 1,403 330 7,687 As at 1 January 2011 2,871 3,083 1,403 330 7,687 As at 31 December 2011 3,248 2,938 1,342 332 7,860 Impairment losses In 2011 a total impairment loss of EUR8 million (2010: EUR40 million) was charged to profit or loss. Heineken N.V. Annual Report 2011 103

Jaarverslagen en Personeelsbladen Heineken

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