Heineken N.V. annual accounts 1987 40 Personnel costs 1987 1986 Salaries and wages 943,779 927,339 Pension costs 51,480 46,089 Other social security costs 227,529 228,715 Other personnel costs 166,448 150,137 1,389,236 1,352,280 Personnel costs capitalized in connection with production of tangible fixed assets for own purposes 30,935 22,680 1,358,301 1.329,600 The average number of employees was: Production personnel Other personnel Heineken N.V. and subsidiaries Heineken N.V. and Group companies 12,748 12,492 12,746 13,237 25.494 25.729 28,418 28,749 Depreciation and value adjustments Depreciation on tangible fixed assets 370,428 327,748 Other value adjustments of tangible fixed assets 19,900 37,606 390,328 365,354 Withdrawal from Investment facilities equalization account - 16,263 - 15,457 Value adjustments of other assets 12,349 15,207 386,414 365,104 Interest Interest paid Interest received on cash deposits, etc. 110,239 118,592 - 62,569 - 44,768 47,670 73,824 Interest received on cash deposits, etc. in 1987 includes a book profit of N.fl. 23 million before taxes upon the sale of the short-term securities in relation to the financing of the investments of one of our Group companies. Taxes Taxes on profit 176,838 166,829 Taxes amount to 38.2% (1986 38.0%) of the Group profit before taxes and before dividend from non-consolidated participations. The tax burden is influenced not only by the nominal rates of tax in the various countries of establishment, but also by factors such as losses carried forward, investment- and other facilities.

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1987 | | pagina 44