Finance :: Heineken Collection Foundation

Profit and loss statement Profit and loss statement Profit and loss statement Profit and loss statement Profit and loss statement

Income

	- € 1,894.-	€ 1,307.-

Notes on the annual accounts:

Expenses for Transport & Storage have increased this year as a result of storage expenses of the external location of the “Brand Collection”
Expenses for the book ‘Stars of the Collection’ can be specified in:
- Eur 10k - Photography
- Eur 7k - Translation
- Eur 4k - Copywriting
Expenses for the Reorganisation of the Depot are mainly linked to third party support (close to Eur 21k), the remaining expenses are linked to the purchase of related materials.

Balance sheet Balance sheet Balance sheet Balance sheet Balance sheet

	2019	2020
Non-current Assets
Purchased additions to collection	€ 6,011.-	€ 10,120.-
Website development	-	-
Total non-current assets	€ 6,011.-	€ 10,120.-

Current Assets
Cash	€ 184,836.-	€ 161,558.-
Inventory	-	€ 23,893.-
VAT receivable	€ 9,721.-	€ 8,788.-
Accounts receivable	-	€6,674.-
Total current assets	€ 194,557.-	€ 200,912.-

Total assets	€ 200,568.-	€ 211,032.-

Total Liabilities & Equity	€ 200,568.-	€ 211,032.-

Notes on the annual accounts:

The inventory on the balance sheet reflects the stock of books ‘Stars of the Collection’ that have been acquired but not yet transferred to the HEINEKEN Experience.