Ten year Heineken
1987
1986
1985
1984
1983
1982
1981
1980
1979
1978
Turnover and profit
(in millions of guilders)
Net turnover
6.659
6,684
6.402
6,135
4.612
4,215
3,613
3,230
2,873
2,672
Trading profit
511
513
454
412
378
294
260
197
247
256
in of net turnover
7.7
7.7
7.1
6.7
8.2
7.0
7.2
6.1
8.6
9.6
in of the total capital employed
8.4
8.9
8.7
8.3
9.6
7.9
7.8
6.3
9.0
10.4
Interest cover
7.3
7.1
7.7
8.6
15.4
8.9
4.4
3.2
6.3
7.3
Net profit
287
285
265
229
198
153
120
83
126
119
in of shareholders' equity
11.6
12.7
12.1
11.0
10.9
8.9
7.6
5.9
9.9
10.6
Dividend 2)
90
90
67
67
67
51
51
51
51
41
in of net profit 2)
31.4
31.5
25.4
29.4
34.0
33.0
42.0
60.9
35.4
34.1
Bonus shares
(in millions of guilders)
Increase in share capital
-
161
-
-
120
-
-
72
-
58
Cash payment
-
40
-
-
30
-
-
18
-
14
Distribution from reserves
-
201
-
150
90
-
72
Percentage increase
-
331/3
-
33V3
-
-
25
-
25
Per share of N.fl. 25-
(in guilders)
Cash flow 3) "I
23.67
23.98
21.62
21.00
18.49
16.12
14.95
12.17
12.03
10.85
Net profit 3)
11.16
11.11
10.33
8.92
7.73
5.96
4.69
3.24
4.89
4.62
Dividend 2) 3)
3.50
3.50
2.63
2.63
2.63
1.97
1.97
1.97
1.97
1.58
Shareholders' equity 3)
95.94
87.51
85.63
81.16
71.08
67.20
61.67
54.65
49.67
43.44
Bonus shares (par value)
-
8.33
-
-
8.33
-
-
6.25
-
6.25
Cash payment
-
2.08
-
-
2.08
-
-
1.56
-
1.56
Source and application of funds 2)
(in millions of guilders)
Cash flow
705
678
598
588
499
430
392
314
373
286
Fixed assets
682
517
497
638
306
238
214
387
416
275
Working capital
26
114
12
62
114
- 67
- 139
122
- 48
- 20
Dividend
98
130
73
74
88
51
51
73
58
47
Application of funds
806
761
582
774
508
222
126
582
426
302
Financing
- 43
251
118
126
30
6
22
136
21
- 2
Increase in balance of cash and securi
ties and indebtedness to bankers
- 144
168
134
- 60
21
214
288
- 132
- 32
- 18
1) the financial year 1978 ended on September 30, the figures for 1984 and
previous years have been adjusted as far as possible for comparison in view of
the statutory provisions effective as from 1984.
2) 1979 relates to the financial year 1978/1979 of 15 months.
3) after adjustment for bonus issue.
t) Calculated on the basis of net profit, depreciation and movements in
provisions after deduction of the part allocable to minority interests.
