Consolidated Statement of Cash Flows in thousands of guilders 1997 Cash flow from operating activities Operating profit Earnings of non-consolidated participations Depreciation and value adjustments Changes in provisions Working capital changes Cash flow from operations 1,203,073 62,949 744,151 78,436 19,642 1996 1,011,662 68,173 625,535 61,947 -31,575 2,108,251 1,735,742 Interest paid and received Taxation paid on profit Cash flow from operating activities Dividends paid Cash flow from operating activities less dividends paid Cash flow from investing activities Tangible fixed assets Consolidated participations Non-consolidated participations Other financial fixed assets -816,896 -72,417 -69,261 - 9,668 -26,732 -422,707 1,658,812 -207,159 1,451,653 -871,983 -820,091 -66,715 -92,664 -26,651 -521,297 1,187,794 -206,111 981,683 -968,242 -1,851,453 Cash flow from financing activities Long-term borrowings Repayment of long-term debts Investment facilities Net cash flow Other movements in funds: Changes in the consolidation Changes in exchange rates Movement in balance of funds 332,653 -272,387 19,114 79,380 562,791 -46,498 -5,951 510,342 375,745 -149,666 17,983 244,062 -625,708 -84,567 37,551 - 672,724 The balance offunds consists of: Cash at bank and in hand Securities Indebtedness to credit institutions Position on December 31 1,759,022 112,442 -384,201 1,487,263 1,402,940 225,404 -651,423 976,921 HEINEKEN N. V. ANNUAL ACCOUNTS 19 9 7 49

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1997 | | pagina 63