HEINE KEN S BIERBROUWERIJ MAATSCHAPPIJ N.V.
Recommendations of the Supervisory Council 5
Report of the Board of Directors 7
Balance Sheet 30
Profit and Loss Account 32
Explanatory Notes 33
Auditors' Certificate 34
CONSOLIDATED STATEMENTS
Consolidated Statement of Financial Condition 16
Consolidated Profit and Loss Account 18
Explanatory Notes 19
GRAPHS AND STATISTICAL DATA
Beer sales of the breweries in the Netherlands 24
Beer sales of Hcincken and its associated enterprises 25
Proceeds and Allocation 26
Allocation of profits 27
Investments and depreciation on plants and installations 27
Ten years Heineken 28
NOTE
1 hectolitre (hi) 22 Imperial gallons 26.418 U.S. gallons
10 guilders (N.fl. 10.approximately 1.3.approximately U.S. 2.!
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