Source and application of funds
Heineken N.V. annual accounts 1987
41
1987
1986
(in thousands of guilders)
Source
Group profit after taxes
Depreciation and value adjustments
Movements in provisions
Cash flow
Application
Investments in tangible fixed assets
Investments in financial fixed assets
Increase in interests in consolidated participations
Movement in working capital, excluding cash at bank
and in hand, securities and indebtedness to credit institutions
Dividends paid
Cash dividend upon bonus issue
297,102
386,414
21,344
704,860
595,975
63,013
22,704
26,494
708,186
97,996
806,182
281,684
365,104
31,033
677,821
430,030
46,035
41,292
113,287
630,644
89,933
40,139
760,716
Financing
Balance of source and application
Minority interests in the issue by subsidiaries
Long-term borrowings
Investment facilities received
Repayments on long-term debts
Movement in cash at bank and in hand,
securities and indebtedness to credit institutions
The balance of cash at bank and in hand, securities and
indebtedness to credit institutions consists of:
Cash at bank and in hand
Securities
Indebtedness to credit institutions
Position on December 31
101,322
8,333
121,256
20,544
48,811
193,162
- 144,351
611,641
36,841
■201,619
446,863
82,895
31,922
313,147
37,209
299,383
131,557
167,826
731,053
30,272
■170,111
591,214
Movements as a result of revaluation and changes in the
extent of the consolidation have been eliminated in the above
statement, with the exception of the working capital.
