Consolidated Statement of Income
in millions ofeuros
Net turnover
1999
7,148.0
6,272.3
Raw materials, other materials
and services
Excise duties
Personnel costs
Depreciation and value adjustments
Total operating expenditure
Operating profit
3,805.0
983.6
1,132.4
427.6
6,348.6
799.4
3,379.3
819.4
1,041.5
372.9
5,613.1
659.2
Earnings of non-consolidated
participations
Interest
Profit before taxation
Taxation
Croup profit after taxation
Minority interests
Net profit
50.6
-40.8
809.2
-264.8
544.4
-28.0
516.4
43.8
-11.1
691.9
-234.9
457.0
-12.0
445.0
HEINEKEN N. V.
FINANCIAL
STATEMENTS
19 9 9
47