Notes to the Consolidated Financial Statements continued
-
-
Reportofthe Reportofthe Financial Other
Contents Overview Executive Board Supervisory Board Statements Information
7. Assets or disposal groups classified as held for sale
The assets and liabilities below are classified as held for sale following the commitment of HEINEKEN to a plan to sell these assets and liabilities. Efforts to
sell the other assets and liabilities classified as held for sale have commenced and are expected to be completed during 2016.
Assets and liabilities classified as held for sale
In millions of EUR
2015
Current assets
53
96
Property, plant and equipment
67
236
Intangible assets
332
Other non-current assets
3
24
Assets classified as held for sale
123
688
Current liabilities
(31)
(103)
Non-current liabilities
(75)
Liabilities classified as held for sale
(31)
(178)
On 23 July 2015. Grupa Zywiec signed with Orbico Group a conditional agreement upon which Orbico Group will acguire 80 per cent of the shares in
Distribev Sp. z o.o (Grupa Zywiec's sales and distribution company serving the traditional trade and horeca market). The enterprise value for an 80 per cent
stake amounted to PLN96 million (EUR23 million), and is subject to customary price adjustments. The assets and liabilities of Distribev were classified as
assets held for sale as at 31 December 2015. Closing of the transaction occurred on 1 February 2016.
In 2014, the assets and liabilities held for sale mainly related to HEINEKEN's packaging business EMPAQUE in Mexico. The sale was completed on
18 February 2015.
8. Other income
In millions of EUR
2015
Gain on sale of property, plant and equipment
37
41
Gain on sale of subsidiaries, joint ventures and associates
374
52
411
93
Included in other income are the results of previously held equity interests in GAB and South African operations and the disposal gains in relation to
EMPAQUE and Ghana (refer to note 6).
9. Raw materials, consumables and services
In millions of EUR
2015
Raw materials
1,616
1,782
Non-returnable packaging
3,049
2,551
Goods for resale
1,775
1,495
Inventory movements
(141)
(15)
Marketing and selling expenses
2,755
2,447
Transport expenses
1,139
1,050
Energy and water
517
548
Repair and maintenance
485
458
Other expenses
1,736
1,737
12,931
12,053
90 Heineken N.V. Annual Report 2015
