s Notes to the Consolidated Financial Statements (continued) 8.2 Property, plant and equipment - - - - - - - - - - - - -- - - - - - - - - - O Q, Report of the Executive Board Report of the Supervisory Board Heineken N.V. Annual Report 2018 8 Financial Statements Sustainability Review Other Information Property, plant and equipment (P,P&E) are fixed assets that are owned by HEINEKEN, as well as the leased assets under a finance lease agreement. These assets are held for use in HEINEKEN's operating activities. The assets are split into the asset classes of land buildings, plant machinery, other fixed assets and assets under constructions. The table below shows the historical cost per asset class and the movements during the year. 2018 2017 In millions of Note Land and buildings Plant and equipment Other fixed assets Under construction Total Land and buildings Plant and equipment Other fixed assets Under construction Total Cost Balance as at 1 January 6,911 8,393 5,166 902 21,372 5,435 8,394 5,043 666 19,538 Changes in consolidation and other transfers 5 74 12 2 93 1,611 257 150 92 2,110 Purchases 36 74 396 1,330 1,836 73 119 372 1,132 1,696 Transfer of completed projects under construction 314 615 315 (1,244) 197 425 284 (906) Transfer (to)/from assets classified as held for sale (89) (108) (31) (228) (17) (9) (6) (32) Disposals (132) (105) (517) (1) (755) (145) (185) (386) (16) (732) Effect of movements in exchange rates (67) (71) 3 9 (126) (243) (608) (291) (66) (1,208) Balance as at 31 December 6,978 8,872 5,344 998 22,192 6,911 8,393 5,166 902 21,372 Depreciation and impairment losses Balance as at 1 January (2,089) (4,706) (3,460) (10,255) (2,170) (4,733) (3,403) - (10,306) Changes in consolidation and other transfers (64) (6) (70) 33 (15) (28) (10) Depreciation charge for the year 6.6 (161) (416) (578) (1,155) (163) (438) (571) - (1,172) Impairment losses 6.6 (29) (89) (15) (133) Reversal impairment losses 6.6 11 6 2 - 19 Transfer to/(from) assets classified as held for sale 10 33 24 67 6 4 2 - 12 Disposals 82 100 505 687 112 197 362 - 671 Effect of movements in exchange rates 9 26 (9) 26 82 273 176 - 531 Balance as at 31 December (2,178) (5,116) (3,539) (10,833) (2,089) (4,706) (3,460) - (10,255) Carrying amount As at 1 January 4,822 3,687 1,706 902 11,117 3,265 3,661 1,640 i 566 9,232 As at 31 December 4,800 3,756 1,805 998 11,359 4,822 3,687 1,706 1 902 11,117

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2018 | | pagina 85