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SELECTED FINANCIAL RESULTS
Segmented information
by geographical area
As almost the entire net turnover of the group is
accounted for by just one product group, namely
beer, the financial information is segmented by
geographical area only. The remaining activities
are not reported on a segmented basis. Partly as a
consequence of the acquisition of the Brau Union
group in Austria, we have decided to revise the basis
of segmentation. The following five regions are now
distinguished: Western Europe, Central/Eastern
Europe, the Americas, Africa/Middle East and
Asia/Pacific. Revenue and results are allocated to
Results by region million
Net profit
Beer volumes in thousands of hi
Western Europe
Central/
Eastern Europe
The Americas*
2003
2002*
2003
2002*
2003
2002*
Net turnover
Third-party sales proceeds
5,140
4,833
1,129
891
1,496
1,355
Interregional sales proceeds
1,264
1,282
1
1
Total sales proceeds
6,404
6,115
1,130
891
1,497
1,355
Proceeds from services
156
117
15
7
4
5
Net turnover by region
6,560
6,232
1,145
898
1,501
1,360
Operating result before amortisation of goodwill
593
553
93
78
369
416
Amortisation of goodwill
-9
-10
-11
Operating profit by region
584
553
83
78
358
416
Results of non-consolidated participating interests
3
12
1
87
23
Interest
Taxation
Minority interests
Consolidated volume
Minority interests
Licences
Interregional volume
Group volume
40,245
4,012
470
8,918
37,844
2,244
2,154
8,871
53,645 51,113
19,680 14,887
931 784
20,618 15,671
10,128
1,964
419
13
7,885
495
12,524 8,380
The 2002 figures have been restated for comparison purposes
The figures for the Americas include the Caribbean region
HEINEKEN N.V. SUSTA INABILITY REPORT 2 00 2-2 00 3
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