Finance

Notes on the annual accounts:

• Restauration & Purchases includes €10.000,- of purchases of previous years that is recorded as expenses to allow the value of objects in the collection to be reflected at a nominal value of €1,-. Main other expenses recorded is the acquisition of images of Eveline Renaud.
• Within Transportation & Storage the main cost are related to the external storage of the Brand Collection.
• Under projects the main expenses were made on the website and the reorganisation of the depot.

Notes on the annual accounts:

• In accordance with practice generally followed by museums, the value of objects in the collection are reflected in the financial statement at a nominal value of €1,-. Purchases of collection items are, also retrospectively, recorded in the expenses in the profit & loss statement. There were no sales of collection items in 2021
• Inventory of book ‘Stars of the Heineken Collection’ has decreased to 1.202 on 31/12/2021, the value of the inventory is reflecting this.