Notes to the Consolidated Financial Statements continued - - - - - - - - - - - - - - - - - - - - - - - Reportofthe Reportofthe Financial Other Contents Overview Executive Board Supervisory Board Statements Information Movement in deferred tax balances during the year In millions of EUR Balance 1 January 2015 Changes in consolidation Effect of movements in foreign exchange Recognised in income Recognised in equity Transfers Balance 31 December 2015 Property, plant and equipment (527) (54) 23 6 (1) (553) Intangible assets (1,257) (261) (3) 91 1 (1,429) Investments 123 7 (7) 2 1 (2) 124 Inventories 19 (4) 10 1 26 Loans and borrowings (9) (13) 1 6 3 (12) Employee benefits 365 4 (7) (33) 2 331 Provisions 92 2 1 (25) (19) 51 Other items 175 (12) 93 10 1 (69) 198 Tax losses carry forward 177 125 (14) 11 65 364 Net tax assets/(liabilities) (842) (197) 84 99 (25) (19) (900) In millions of EUR Balance 1 January 2014 Changes in consolidation Effect of movements in foreign exchange Recognised in income Recognised in eguity Transfers Balance 31 December 2014 Property, plant and equipment (536) 9 (22) 22 (527) Intangible assets (1,234) (2) (79) 40 18 (1,257) Investments 119 1 1 2 123 Inventories 19 19 Loans and borrowings 1 (11) (1) 2 (9) Employee benefits 315 7 (36) 96 (17) 365 Provisions 101 2 (4) (7) 92 Other items 59 98 (21) 14 25 175 Tax losses carry forward 220 (2) (5) (32) (4) 177 Net tax assets/(liabilities) (936) (4) 22 (75) 110 41 (842) 19. Inventories In millions of EUR 2015 Raw materials 247 297 Work in progress 223 181 Finished products 479 398 Goods for resale 197 240 Non-returnable packaging 195 166 Other inventories and spare parts 361 352 1,702 1,634 During 2015 inventories were written down by EUR23 million to net realisable value (2014: nil). 99 Heineken N.V. Annual Report 2015

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2015 | | pagina 100