The Best Beer Company in a Better World - Anheuser-Busch InBev

124 | Annual Report 2008 Financial Report
Excerpt from the AB InBev NV
separate (non-consolidated) financial
statements prepared in accordance
with Belgian GAAP
The following information is extracted from the separate Belgian GAAP financial statements of AB InBev NV. These separate financial
statements, together with the management report of the board of directors to the general assembly of shareholders as well as the auditors’
report, will be filed with the National Bank of Belgium within the legally foreseen time limits. These documents are also available on request
from : AB InBev NV, Brouwerijplein 1, 3000 Leuven.
It should be noted that only the consolidated financial statements as set forth above present a true and fair view of the financial position and
performance of the AB InBev group.
Since AB InBev NV is essentially a holding company, which recognizes its investments at cost in its non-consolidated financial statements,
these separate financial statements present no more than a limited view of the financial position of AB InBev NV. For this reason, the board
of directors deemed it appropriate to publish only an abbreviated version of the non-consolidated balance sheet and income statement
prepared in accordance with Belgian GAAP as at and for the year ended 31 December 2008.
The statutory auditor’s report is unqualified and certifies that the non-consolidated financial statements of AB InBev NV prepared in accordance
with Belgian GAAP for the year ended 31 December 2008 give a true and fair view of the financial position and results of AB InBev NV
in accordance with all legal and regulatory dispositions.
Abbreviated non-consolidated balance sheet
Million euro 2008 2007
Assets
Non-current assets
Intangible assets 557 49
Property, plant and equipment 73 80
Financial assets 30 755 9 732
31 385 9 861
Current assets 1 441 2 309
Total assets 32 826 12 170
Equity and liabilities
Equity
Issued capital 1 234 474
Share premium 13 080 7 450
Legal reserve 86 47
Reserves not available for distribution 196 521
Reserves available for distribution 325 -
Profit carried forward 1 278 987
16 199 9 479
Provisions and deferred taxes 23 37
Non-current liabilities 11 173 726
Current liabilities 5 431 1 928
Total equity and liabilities 32 826 12 170