Financial statements I Notes to the consolidated financial statements continued 14. Property, plant and equipment continued Financial lease assets The Group leases P, P E under a number of finance lease agreements. At 31 December 2011 the net carrying amount of leased P,P E was EUR39 million (2010: EUR95 million). During the year, the Group acquired leased assets of EUR6 million (2010: EUR17 million). Security to authorities Certain P, P&Efor EUR137 million (2010: EUR149 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. This mainly relates to Brazil (see note 34). Property, plant and equipment under construction P, P&Eunderconstruction mainly relates to expansion of the brewing capacity in Mexico, the UK, and Nigeria. Capitalised borrowing costs During 2011 no borrowing costs have been capitalised (2010: EUR nil). 15. Intangible assets In millions of EUR Note Goodwill Brands Customer- related intangibles Contract- based intangibles Software, research and development and other Total Cost Balance as at 1 January 2010 5,713 1,382 351 124 259 7,829 Changes in consolidation 1,748 924 943 86 39 3,740 Purchases/internally developed - - - - 56 56 Disposals (1) (8) - - (16) (25) Transfers to assets held for sale - - - - 3 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 11,763 Balance as at 1 January 2011 7,592 2,321 1,284 222 344 11,763 Changes in consolidation 6 287 8 18 38 - 351 Purchased/internally developed Disposals Effect of movements in exchange rates Balance as at 31 December 2011 (70) 7,809 (57) 2,272 (74) 1,228 6 (91) (13) 162 50 (6) (10) 378 56 (97) (224) 11,849 Amortisation and impairment losses Balance as at 1 January 2010 (280) (108) (74) (50) (182) (694) Changes in consolidation - - - 25 3 28 Amortisation charge for the year 11 - (54) (88) (16) (34) (192) Impairment losses 11 - (1) - (15) - (16) Disposals 1 2 - - 10 13 Transfers to assets held for sale - - - - (2) (2) Effect of movements in exchange rates - (2) (1) (4) (3) (10) Balance as at 31 December 2010 (279) (163) (163) (60) (208) (873) 104 Heineken N.V. Annual Report 2011

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2011 | | pagina 106