Supplementary notes
Auditors' Report
We have examined the 1986 annual
accounts, included in this annual report,
comprising the Balance Sheet as at De
cember 31. 1986. the Profit and Loss
Account for 1986 and the consolidated
statements for 1986 of Heineken N.V.,
Amsterdam, together with the notes.
In our opinion these annual accounts
present fairly the financial position of the
company as at December 31, 1986, and
the results of its operations for 1986.
Amsterdam, March 27, 1987
KMG Klynveld Kraayenhof Co.
Appropriation of profit
Article 12, paragraph 4, of the Articles
of Association lays down:
"From the Net profit there shall in the
first place be distributed, if possible, six
per cent dividend on the issued part of
the share capital. The amount then
remaining shall be at the disposal of the
General Meeting of Shareholders."
From the Net profit it will be proposed
that N.fl. 89,911,000 be appropriated for
payment of dividend and that
N.fl. 195,435,000 be added to the General
reserve.
Special rights under the Articles of
Association
Article 7, paragraph 2, of the Articles of
Association reads:
"The appointment of the members of the
Executive Board and of the Supervisory
Council shall be made by the General
Meeting of Shareholders from a binding
nomination of at least two persons, to
be drawn up for each appointment by
the Supervisory Council."
