Consolidated Statement of Financial Position 2011 As at 31 December Assets Property, plant equipment 14 7,860 7,687 Intangible assets 15 10,835 10,890 Investments in associates and joint ventures 16 1,764 1,673 Other investments and receivables 17 1,129 1,103 Advances to customers 32 357 449 Deferred tax assets 18 474 542 Total non-current assets 22,419 22,344 Inventories 19 1,352 1,206 Other investments 17 14 17 Trade and other receivables 20 2,260 2,273 Prepayments and accrued income 170 206 Cash and cash equivalents 21 813 610 Assets classified as held for sale 7 99 6 Total current assets 4,708 4,318 Total assets 27,127 26,662 Equity Share capital 922 922 Share premium 2,701 2,701 Reserves 498 814 Allotted Share Delivery Instrument - 666 Retained earnings 5,653 4,829 Equity attributable to equity holders of the Company 9,774 9,932 Non-controlling interests 318 288 Total equity 22 10,092 10,220 Liabilities Loans and borrowings 25 8,199 8,078 Tax liabilities 160 178 Employee benefits 28 1,174 1,097 Provisions 30 449 475 Deferred tax liabilities 18 894 991 Total non-current liabilities 10,876 10,819 Bank overdrafts 21 207 132 Loans and borrowings 25 981 862 Trade and other payables 31 4,624 4,265 Tax liabilities 207 241 Provisions 30 140 123 Liabilities classified as held for sale 7 - - Total current liabilities 6,159 5,623 Total liabilities 17,035 16,442 Total equity and liabilities 27,127 26,662 Comparatives have been adjusted due to the accounting policy change in employee benefits (see note 2e) Heineken N.V. Annual Report 2011 69

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2011 | | pagina 71