Notes to the consolidated financial statements continued
36. HEINEKEN entities untinued
Ownership interest
Country of incorporation
2012
Grande Brasserie de Nouvelle - Calédonie S.A.
New Calédonia
86.3%
36.6%
DB Breweries Ltd.
New Zealand
98.7%
41.9%
DB South Island Brewery Ltd.
New Zealand
54.3%
23.1%
South Pacific Brewery Ltd.
Papua New Guinea
75.4%
31.8%
Asia Pacific Investments Pte. Ltd.
Singapore
100%
50%
Asia Pacific Breweries Ltd.
Singapore
98.7%
41.9%
Asia Pacific Breweries (Singapore) Pte. Ltd.
Singapore
98.7%
41.9%
Solomon Breweries Ltd.
Solomon Islands
96.4%
40.9%
Asia Pacific Breweries (Lanka) Ltd.
Sri Lanka
59.2%
25.2%
Vietnam Brewery Ltd.
Vietnam
59.2%
25.2%
Asia Pacific Breweries (Hanoi) Ltd.
Vietnam
98.7%
41.9%
VBL Da Nang Co. Ltd.
Vietnam
59.2%
25.2%
VBL Tien Giang Ltd.
Vietnam
59.2%
25.2%
VBL Quang Nam Ltd
Vietnam
47.4%
20.1%
11n accordance with Article 17 of the Republic of Ireland Companies (Amendment) Act 1986, the Company issued an irrevocable guarantee for the year ended 31 December 2012 and 2011 regarding
the liabilities of Heineken Ireland Ltd., Heineken Ireland Sales Ltd., West Cork Bottling Ltd., Western Beverages Ltd., Beamish and Crawford Ltd. and Nash Beverages Ltd as referred to in Article 5(l) of
the Republic of Ireland Companies (Amendment) Act 1986.
37. Subsequent events
Share of stake in Kazakhstan
On 21 December 2012 HEINEKEN announced its intentions to sell its 28 per cent stake in Efes Kazakhstan ISC FE to majority shareholders Efes Breweries
International N.V. The transaction closed on 8 lanuary 2013 and resulted in an estimated post tax book gain of EUR80 million.
Sale of liangsu Dafuhao Breweries Co. Ltd
On 9 lanuary 2013 HEINEKEN's Asian subsidiary that holds a 49 per cent stake in liangsu Dafuhao Breweries Co. Ltd entered into a conditional share
transfer agreement whereby Nantong Fuhao Alcohol Co. Ltd. will purchase H EINEKEN's shareholding interests for USD24.5 million. The transaction
closed on 15 lanuary 2013 when the funds were received in full.
Sale of Pago International GmbH
On 17 December 2012 HEINEKEN announced the sale of its wholly-owned subsidiary Pago International GmbH to Eckes-Granini Group. The transaction
is expected to close in the first quarter of 2013.
Mandatory unconditional cash offer (Offer for APB shares)
On 17 lanuary 2013 HEINEKEN announced that the final closing date of its Offer for all of the issued and paid-up ordinary APB shares other than those
already owned or controlled by HEINEKEN is 31 lanuary 2013.
On 16 lanuary 2013 the required acceptance level of 90 per cent of the APB shares in the open market was reached. As such. HEINEKEN was entitled to
exercise its right of compulsory acquisition of the remaining APB shares. The total cash consideration in relation to the acquisition of the remaining shares
after 31 December 2012 amounts to approximately EUR146 million.
Strategic review of Hartwall in Finland
On 4 February 2013 HEINEKEN announced that it had started a strategic review of its Hartwall business in Finland. During this review. HEINEKEN evaluates
strategic options for Hartwall to drive continued growth for the business, within or outside of HEINEKEN. The strategic review is expected to be finalised
before the end of the year.
Heineken N.V. Annual Report 2012
