Notes to the Balance Sheet and Profit and Loss Account
of Heineken N.V. for 2001
2001
2000
General
The amounts disclosed in the notes are in millions of euros
unless otherwise indicated.
The aggregate amounts referred to in Section 383,
subsection 1, Part g, Book 2, of the Netherlands Civil Code,
in respect of the remuneration, pensions etc. of existing
and former members of the Executive Board and of
existing and former members of the Supervisory Board
disbursed by the company were as follows:
Executive Board members
Supervisory Board members
2001
5.5
0.3
2000
2.5
0.2
Remuneration
The remuneration of the members of the Executive Board
comprises a fixed component and a variable component,
made up of an annual profit-sharing bonus and a long-term
bonus. The profit-sharing bonus is determined individually
by the Supervisory Board. The long-term bonus is linked to
the issue of bonus shares or recapitalisation by Heineken
N.V., which, in the past, has occurred on average once
every three years.
S.W.VJ. Lubsen
Fixed 358
Annual bonus 412
Long-term bonus 514
M.J. Bolland
Fixed 239
Annual bonus 185
J.F.M.L. van Boxmeer
Fixed 239
Annual bonus 185
358
367
1,284
725
424
424
Pensions
The pensions of the Executive Board members are admin
istered by the Heineken Pension Fund.
In 2001, EUR 125,000 (2000: EUR 98,000) was charged to
the company in respect of pension contributions.
The remuneration of the Executive Board members was as
follows (in thousands of euros):
2001 2000
K. Vuursteen
Fixed
Annual bonus
Long-term bonus
Shares
As at 31 December 2001, the members of the Executive
Board did not hold any convertible bonds or option rights.
The total number of the company's shares held by the
members of the Executive Board as at 31 December 2001
was 3,356.
Supervisory Board
The individual members of the Supervisory Board received
the following remuneration.
543 543
455 358
845
1,843 901
A. Buys
Fixed 432
Annual bonus 367
Long-term bonus 681
432
288
1,480
720
Chairman
Members
2001
34
29
2000
34
29
As at 31 December 2001, the Supervisory Board members
did not hold any of the company's shares, convertible
bonds or option rights.
HEINEKEN N.V. ANNUAL REPORT2001
72
