g)@
Notes to the Consolidated Financial Statements
6.2 Other income
6.3 Raw materials, consumables and services
O Heineken N.V. Report of the Report of the Financial Sustainability Other
/O Annual Report 2020 Introduction Executive Board Supervisory Board Statements Review Information
Other income includes the gain on sale from transactions that do not arise from contracts with customers
and are therefore presented separately from revenue.
In millions of
2020
2019
Gain on sale of property, plant and equipment
35
20
Gain on sale of intangible assets
20
Gain on sale of subsidiaries, joint ventures and associates
1
75
56
95
In 2019, other income mainly related to the gain on sale of HEINEKEN's operating entities in China and
Hong Kong.
Accounting policies
Other income is recognised in profit or loss when control over the sold asset is transferred to the buyer.
The amount recognised as other income equals the proceeds obtained from the buyer minus the carrying
value of the sold asset.
In millions of
2020
2019
Raw materials
1,811
2,068
Non-returnable packaging
3,691
4,058
Goods for resale
920
1,501
Inventory movements
17
(75)
Marketing and selling expenses
2,044
2,632
Transport expenses
1,080
1,325
Energy and water
476
572
Repair and maintenance
474
519
Other expenses
1,937
1,992
12,450
14,592
Other expenses in raw materials, consumables and services mainly include consulting expenses of
€187 million (2019: €219 million), telecom and office automation of €271 million (2019: €272 million),
warehousing expenses of €179 million (2019: €195 million), travel expenses of €63 million (2019: €150 million),
other taxes of €109 million (2019: €75 million), short-term lease expenses of €58 million (2019: €73 million)
and low value lease expenses of €33 million (2019: €39 million).
Accounting policies
Expenses are recognised based on accrual accounting. This means that expenses are recognised when the
product is received or the service is provided regardless of when cash outflow takes place.
