Consolidated Statement of Income
2000 1999
in millions of euros
Net turnover 8,107 7,148
Raw materials, other materials and services 4,324 3,805
Excise duties 1,093 984
Personnel costs 1,301 1,132
Depreciation and value adjustments 468 428
Total operating expenditure 7,186 6,349
Operating profit 921 799
Earnings of non-consolidated companies 59 51
Interest - 66 - 41
Profit before taxation 914 809
Taxation - 277 - 265
Profit after taxation 637 544
Minority interests -16 - 28
Net profit 621 516
HEINEKEN N.V. FINANCIAL STATEMENTS 2000
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